Payless Car Rental System
Yes, we actively support the inclusion and development of minority-owned franchises in the Payless Car Rental System system.
Payless Car Rental System
2350 34th St. N.
St. Petersburg, FL 33713
800#: (800) 729-5255 + 148
Tel: (727) 321-6352
Fax: (727) 322-6540
E-mail: franchise@paylesscarrental.com
Web Site: www.paylesscarrental.com
Contact: Ms. Kathleen Gassner, Dir. of Franchise Development
PAYLESS CAR RENTAL SYSTEM, Inc., has been a recognized name in the car rental industry for almost 30 years. Car rental expertise and an experienced corporate office staff give each franchisee individual assistance and the competitive edge. We offer the tools to become successful in the vehicle rental and sales business.
Franchisor Background
Established: 1971
First Franchise: 1971
Franchise Units: 95
Company-Owned Units: 8
Total Units: 103
Distribution:
> North America -- Operations in 15 States
> States/Provinces with Greatest Density: 10 in FL, 8 in CA, 5 in AK
Units Owned by Minorities:
>African-American: 1
>Hispanic: 12
>Asian-American: 9
>Native American: 0
>Other: 7
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: Varies SF; FS, KI
(for abbreviations click here)
Financial Requirements
Cash Investment: $300K
Total Investment: $260K-6.5MM
Average Total Investment: $1000K
Minimum Net Worth: $500K-1.0MM
Fees
>Franchise: $20-500K
>Average Franchise Fee: $67K
>Royalty: 4-5%
>Advertising: 1-3%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements:Yes
Sub-Franchising Contracts: Int
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:No
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 50
On-Going Support: A,B,C,D,E,G,h,I (for an explanation click here)
Training: 3-5 Days Corporate Office; 3-5 Days Franchisee's Location.
Specific Minority Program(s) in Place: MBE/DBE assistance for in-terminal counters at major U.S. airports.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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