Rent-A-Wreck of America
Yes, we actively support the inclusion and development of minority-owned franchises in the Rent-A-Wreck of America system.
Rent-A-Wreck of America
10324 S. Dolfield Rd.
Owings Mills, MD 21117
800#: (800) 421-7253 ex 407
Tel: (410) 581-5755
Fax: (410) 581-1566
E-mail: dtripp@rent-a-wreck.com
Web Site: www.rent-a-wreck.com
Contact: Mr. Dale Tripp, Sales Manager
America's # 1 neighborhood car rental company, RENT-A-WRECK has attained the highest ratings in the franchising industry. For 5 successive years, Entrepreneur Magazine rated RENT-A-WRECK # 1 in its category for the prestigious Franchise 500 awards. The annual Success Magazine named RENT-A-WRECK 'one of the best-managed franchises in America.' Success surveyed over 2,800 franchise companies in all industries and ranked RENT-A-WRECK 4th.
Franchisor Background
Established: 1973
First Franchise: 1978
Franchise Units: 450
Company-Owned Units: 0
Total Units: 450
Distribution:
> North America -- Operations in 49 States
> States/Provinces with Greatest Density: 55 in CA, 43 in NY, 34 in NJ
Units Owned by Minorities:
>African-American: 15
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $32.8K
Total Investment: $32.8-209K
Average Total Investment: $120K
Minimum Net Worth: $50K
Fees
>Franchise: $8K
>Average Franchise Fee: $8K
>Royalty: $30/Car
>Advertising: $7/Car
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
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: 25
On-Going Support: C,D,e,G,h,I (for an explanation click here)
Training: 1 Week Baltimore, MD.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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