Travel & Hospitality FDD Analyzed

Payless Car Rental

Payless Car Rental System, Inc.

Parsippany, NJ Website FDD: April 30, 2025
Apply for Access

Free for qualified buyers

Investment Range

$625,500 - $1,608,400

Franchise Fee

$45,000

Royalty

7.5%

Marketing Fee

Total Units

109

Median Revenue

AI Summary

Payless Car Rental is a long-established car rental franchise, operating as a subsidiary of the global Avis Budget Group, offering franchisees the opportunity to rent automobiles under a 7.5% royalty structure. The initial investment includes a variable, population-based license fee starting at $45,000, alongside substantial ongoing technology and reservation fees tied to the proprietary Wizard system. Prospective franchisees must carefully evaluate the franchisor's extensive history of consumer class action and regulatory litigation concerning alleged deceptive practices regarding fees and sales.

Unit Growth

Last 5 years

2022

109

+8.3%

2023

118

-7.6%

2024

109

Initial Investment Breakdown

CategoryLowHigh
Initial License Purchase Fee(1)$50,000$50,000
Construction, remodeling, decorating, and leasehold improvements(2)(3)$15,000$75,000
Furniture, fixtures, other fixed assets, and equipment(3)(5)(6)$15,000$28,000
Signage(5)$10,000$20,000
3 months’ rent and security deposits(8)$9,000$18,000
+ 7 more categories (apply to see all)
TOTAL INVESTMENT$625,500$1,608,400

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

Apply for Free Access

Franchisee Contact Directory

7

Connect directly with existing franchise owners to learn about their experience, get real insights, and validate your decision.

Apply for Free Access

Is Payless Car Rental a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a Payless Car Rental franchise opportunity:

Potential Advantages

  • Growing network with 109 locations

Considerations

  • Declining unit count may indicate market challenges
  • Litigation history disclosed in FDD (review Item 3 carefully)
  • No Item 19 Financial Performance Representation provided
  • Higher initial investment requires significant capital

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About Payless Car Rental

How much does a Payless Car Rental franchise cost?

The total initial investment for a Payless Car Rental franchise ranges from $625,500 to $1,608,400. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the Payless Car Rental franchise fee?

The initial franchise fee for Payless Car Rental is $45,000.

What are the ongoing fees for a Payless Car Rental franchise?

Payless Car Rental franchisees pay a 7.5% royalty fee and marketing fees on an ongoing basis.

How many Payless Car Rental franchise locations are there?

Payless Car Rental currently operates 109 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy None
Protected Territory Yes
Item 19 (FPR) Not Provided
Apply for Full Access

Free for qualified franchise buyers

With Full Access

  • Complete FDD analysis & data
  • Financial performance metrics
  • Franchisee contact directory
  • Historical year-over-year trends
  • Side-by-side brand comparisons
  • Download FDD documents

Ready to explore Payless Car Rental?

Get complete access to FDD data, financial performance metrics, franchisee contacts, and powerful comparison tools. Free for qualified franchise buyers.

Apply for Free Access