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Updated RecentlyPayless Car Sales Inc. Franchise
Used car sales
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.
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How much does it cost to open a Payless Car Sales Inc. Franchise?
The investment required to open a Payless Car Sales Inc. Franchise is between $351,700-$3,100,000. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Payless Car Sales Inc. name.
Individual Unit Costs
- Initial Investment:
$351,700-$3,100,000 - Initial Franchise Fee:
$30,000 - Royalty Fee:
$2500+/mo. - Advertising Fee:
N/A - Term of Agreement:
5 years - Renewal Fee:
$1000 for 5 years
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Payless Car Sales Reengineering Franchise Dealer Program For New Economy
In response to broad changes in the U.S. auto industry, Payless Car Sales - America's Used Car Company has reengineered its franchise program to address new economic challenges facing automobile dealers. The redesigned Payless Car Sales Franchise Program incorporates a number of new services and res...
Oag Indirect Partners With Payless Car Sales
OAG Indirect, one of the nation's leading auto finance companies, announced today that it has agreed to partner with Payless Car Sales to provide custom retail financing services to Payless Dealers in 48 states. This agreement will provide custom finance options to Payless Dealers across the country...
Payless Car Sales Inc. News & Press Releases
When did Payless Car Sales Inc. start Franchising? 2001
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2007 | 52 | 0 | 0 | 0 |
United States: Nationwide
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Training
* Available at headquarters: 2 days
* At franchisee's location: 1-2 weeks
* 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)
To calculate how much income a franchise owner can do at Payless Car Sales Inc. Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Legal Disclaimer: This information is not a franchise offering for Payless Car Sales Inc. and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Payless Car Sales Inc. franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Payless Car Sales Inc.
2350 34th. St. N.
St. Petersburg,,
FL
33713