|
Below is an in-depth analysis and side-by-side comparison of Affiliated Car Rental vs Affordable Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $46,500 - $72,000 | $25,000 - $30,000 |
Franchise Fee | $5,000 - $11,600 | $4,000 - $7,000 |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 1987 | - |
Year Franchised | 1987 | - |
Term Of Agreement | Perpetual | - |
Term Of Agreement | Perpetual | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Based in Eatontown, New Jersey, Affiliated Car Rental locations rent cars, trucks, mini vans, luxury and 4x4 vehicles. Certain centers also rent moving trucks and offer towing services.