Practicar vs Hertz Car Rental Franchise Comparison

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

Start-Up Costs and Fees

 
Practicar Franchise
Hertz Car Rental Franchise
Investment $80,000 - $200,000$564,300 - $2,539,000
Franchise Fee $15,000 - $30,000$25,000 - $100,000
Royalty Fee --
Advertising Fee --
Year Founded 1976-
Year Franchised 1976-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Practicar Franchise
Hertz Car Rental Franchise
Experience --

Financing Options

 
Practicar Franchise
Hertz Car Rental Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Practicar Franchise
Hertz Car Rental Franchise
Training Full classroom and ongoing training provided-
Support --
Marketing --
Operations --

Expansion Plans

 
Practicar Franchise
Hertz Car Rental Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

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

About Hertz Car Rental

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Founded in 1918 in Chicago, USA, Hertz Rent A Car began life as a one-man business with a dozen cars for hire. Since then, Hertz has grown, changed and innovated until today it boasts 10,000 car hire locations across six continents and 145 countries - including the first global car rental business in China. The largest general use airport rental car provider in the world, Hertz is a globally recognized and trusted brand. Hertz founder, Walter Jacobs, invented the car rental industry and though the business has seen changes in ownership over the years, that tradition of innovation has always been retained. Hertz pioneered airport car rental locations (a sector which they continue to lead) and was the first in the market to introduce travel agent booking systems, an express service, onboard navigation, instant return, and online check-in. Committed to superior customer service and cost-efficient vehicle leasing, Hertz offers both commercial and leisure hire options.

The total investment necessary to begin operation of a new Hertz Business (excluding real estate) is $564,300 to $12,539,000. For new franchisees, this includes $25,000 to $100,000 that must be paid to the Franchisor or its affiliates. For any franchisee that is purchasing from the Parent or its affiliates the assets of certain existing car renting business locations, the investment may include a franchise fee of several hundred thousand dollars or more that must be paid to the Franchisor or its affiliates.