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Updated RecentlyPayless Car Sales Inc. vs Practicar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Payless Car Sales Inc. vs Practicar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $351,700 - $3,100,000 | $80,000 - $200,000 |
| Franchise Fee | $30,000 | $15,000 - $30,000 |
| Royalty Fee | $2500+/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 1976 |
| Year Franchised | 2001 | 1976 |
| 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 | Full classroom and ongoing training provided |
| 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
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.
About Practicar
Thank you for your enthusiasm for Practicar's establishment program. The Practicar framework is a settled program that has offered clients reasonable evaluating on rentals, leases and auto deals since 1976. Because of the effective execution of this framework, Practicar can give franchisees a one of a kind and productive business opportunity. As a franchisee, you advantage from the information, assets and help of our national bolster group. You likewise advantage from Practicar's preparation and improvement programs, national showcasing, demonstrated establishment business systems, auto deals programs, focused protection program and a permit to utilize our exceptional and very unmistakable brand. Practicar is looking for client benefit arranged, committed and objective driven people who craving to be ready to go for them selves yet not without anyone else and who know the upsides of being a cooperative person. It is safe to say that you are one of these people? These are only a couple of the energizing focal points of being an individual from the Practicar family, however there are such a variety of different reasons why a Practicar establishment is a brilliant and opportune speculation. For more data in regards to this open door, please review and we will forward you our complete establishment bundle. Alternately call our Franchise Development Coordinator