J.D. Byrider Systems vs Sixt USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of J.D. Byrider Systems vs Sixt USA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
J.D. Byrider Systems Franchise
Sixt USA Franchise
Investment $349,750 - $672,500$614,100 - $6,670,600
Franchise Fee $50,000$25,000 - $750,000
Royalty Fee 2.5%5%
Advertising Fee $1.5K/mo.-
Year Founded 19791912
Year Franchised 19891988
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements

 
J.D. Byrider Systems Franchise
Sixt USA Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    J.D. Byrider Systems Franchise
    Sixt USA Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    J.D. Byrider Systems Franchise
    Sixt USA Franchise
    Training On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software -
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 40% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12 - 20

    Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators)

    90% of all franchisees own more than one unit.

    Absentee ownership of franchise is NOT allowed.


    Expansion Plans

     
    J.D. Byrider Systems Franchise
    Sixt USA Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About J.D. Byrider Systems

    Owner of a Chevrolet-Cadillac dealership in Marion, Indiana, James F. DeVoe learned how profitable used cars could be when he added a used car dealership to his operation in 1979. With a $19 ad in the local paper, DeVoe sold eight cars the first week for a gross profit of $1,000 each.

    Ten years later, DeVoe founded J.D. Byrider (http://www.jdbyrider.com/) in 1989 to deliver dependable used cars and affordable financing.

    Indianapolis-based J.D. Byrider specializes in 5- to 10-year-old cars sold for an average of $7,000. The target customer is a blue-collar worker with a blemished or limited credit history, a segment that has grown with the rise of personal bankruptcies. Unlike most dealerships, where customers pick a car and then figure out how to finance it, J.D. Byrider reverses the process: Credit counselors guide customers toward vehicles within their price range.

    Every J.D. Byrider franchise (http://www.jdbyrider.com/) is two companies working together: a used car sales company, J.D. Byrider, and a sub-prime auto finance company, the CarNow Acceptance Co. (CNAC). Both are independently owned and operated by franchisees.

    About Sixt USA

    Founded in Munich in 1912, Sixt car rental company today is a worldwide mobility service provider, and still expanding steadily. In Germany and Austria, Sixt is already the market leader.
    Sixt rents top-class cars to its customers at very low prices. With the world's largest BMW and Mercedes Benz fleet, the latest models of top car makes, sports cars, convertibles, jeeps and trucks, Sixt meets the requirements of all its customers.
    The Sixt franchise system is a proven international success, with more than 80 master franchisees operating from roughly 1,000 worldwide locations. In the U.S., Sixt operates corporate branches in Miami, Ft. Lauderdale, West Palm Beach, Orlando, Atlanta, Phoenix, and Seattle (www.sixt.com). Sixt plans to further expand in the U.S. with a step by step, measured approach of corporate expansion along with the addition of growth oriented local franchisees. Throughout Europe and internationally, Sixt is expanding with great success. U.S. and Canada franchise expansion fits in with Sixt's long term strategy to cover all aspects of mobility by supplying innovative, universally useful and top-quality services. Those interested in Sixt Franchise Opportunities can visit sixt-franchise.com and/or contact Craig Olson, VP North America Franchise Development at 954-874-1786 or [email protected]