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Updated RecentlyPayless Car Rental vs GoCar GPS-Guided Tours Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Payless Car Rental vs GoCar GPS-Guided Tours including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $217,900 - $6,300,000 | $175,000 - $375,000 |
| Franchise Fee | $15,000 - $500,000 | $45,000 |
| Royalty Fee | 4-5% | 10% |
| Advertising Fee | - | - |
| Year Founded | 1971 | 2004 |
| Year Franchised | 1971 | 2005 |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 5 years |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Ongoing training available as needed | * Available at headquarters: 4 weeks * At franchisee's location: 2 weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | National media | - |
| Operations |
47% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 20
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Payless Car Rental
Payless Car Rental was established in 1971 in Spokane, Washington, by Les Netterstrom and his wife, Dusty. By 1982, their small two-location car rental business had grown to almost 100 franchises and one corporate-owned location. In 1983, the 150-location company changed its name to Payless Car Rental System Inc. In 1989, Netterstrom sold the company to a Taiwanese investment group. Eighty percent of the privately held company's franchise units are conversions; 47 percent of the franchisees own multiple locations.
About GoCar GPS-Guided Tours
With locations in Europe and the United States, GoCar Tours takes
tens of thousands of people through some of the world’s most beautiful
cities every year. Currently, GoCar Tours operates in San Francisco, San
Diego, Lisbon, Barcelona, and Madrid with other cities vying for
franchises of their own.
Currently we are not registered to sell
franchises or looking for potential franchise partners. However, if you
currently own and operate a successful business in the tourism
industry, and think your city should offer the GoCar experience, we’d be
happy to hear from you.