Budget Car & Truck Rental vs Payless Car Sales Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Budget Car & Truck Rental vs Payless Car Sales Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Budget Car & Truck Rental Franchise
Payless Car Sales Inc. Franchise
Investment $166,700 - $451,000$351,700 - $3,100,000
Franchise Fee $20,000$30,000
Royalty Fee -$2500+/mo.
Advertising Fee --
Year Founded -2001
Year Franchised -2001
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee -$1000 for 5 years


Business Experience Requirements

 
Budget Car & Truck Rental Franchise
Payless Car Sales Inc. Franchise
Experience --

Financing Options

 
Budget Car & Truck Rental Franchise
Payless Car Sales Inc. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs -/-No/No
Equipment -/-No/No
Inventory -/-No/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support

 
Budget Car & Truck Rental Franchise
Payless Car Sales Inc. Franchise
Training -* Available at headquarters: 2 days

* At franchisee's location: 1-2 weeks

Support --
Marketing --
Operations -* 12% of all franchisees own more than one unit

* Number of employees needed to run franchised unit: 8 - 10

* Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)


Expansion Plans

 
Budget Car & Truck Rental Franchise
Payless Car Sales Inc. Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Budget Car & Truck Rental

Budget Rent a Car is one of the largest car and truck rental companies in the world, with locations in more than 110 countries and all 50 United States. With more than 3,000 rental shops, including at 825 airports, Budget Rent a Car circulates approximately 232,500 vehicles. Though Budget Rent a Car began as a strictly low-cost rental option to other companies charging daily and per-mile rates, the company has grown substantially in its 50-plus years of operation, and has been ranked as the world’s third-largest vehicle rental company.

"Top

#41 in Canada's Top franchises.


About Payless Car Sales Inc.

Payless Car Sales is a franchise system specifically designed to provide qualified independent used car dealerships with the opportunity to affiliate with a recognized global brand. Our primary objective is to build the largest and most trusted quality pre-owned vehicle sales franchise system in the United States and beyond.