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Below is an in-depth analysis and side-by-side comparison of Sensible Car 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 |
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Investment | $25,000 - $30,000 | $351,700 - $3,100,000 |
Franchise Fee | $4,000 - $7,000 | $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 |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Affordable Car Rental and Sensible Car Rental provide a full service franchise program at significantly lower cost than most other companies. This, in addition to our franchisee friendly corporate attitude, is one of the reasons why both of our companies have consistently ranked among Entrepreneur Magazine's top 500 franchises each year for more than 20 years. The original founders of Affordable Car Rental and Sensible Car Rental having realized the importance of servicing and maintaining a stable quality insurance program sought out a strategic partnership with one of the largest property & casualty insurance agencies in the country. Today, that partnership is stronger than ever.
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.