Payless Car Rental
Payless Car Rental System, Inc.
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
2022
109
2023
118
2024
109
Initial Investment Breakdown
| Category | Low | High |
|---|---|---|
| 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.
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Apply for Free AccessIs 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
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