About Us  |  Contact Us  
        

  Franchise Directory


Franchise Name/Keyword
 
  Areas Of Interest
  Meet the Sponsors
The National Minority Franchising Initiative was underwritten in 2006 by the 20 pre-eminent franchisors whose logos are noted on this website. Read more...
  Articles on
  Minority Franchising
Read articles and perspectives by the NMFI sponsors. Read articles written by the NMFI founders.
  Upcoming Events...
The NMFI has teamed up with minority organizations all over the country to provide seminars on various franchising topics. These seminars are held in cities across the country. Find the one nearest you. Details...
  Home  >>  Automotive  >>  New/Used Auto Rental/Leasing
Sensible Car Rental

Yes, we actively support the inclusion and development
of minority-owned franchises in the Sensible Car Rental system.

Sensible Car Rental
105 Highway 36
Eatontown, NJ 07724


Submit an online form to receive information from Sensible Car Rental.
Business Description

We offer a rental car program which provides training, insurance and support. Majority of franchisee are used car dealers and other automotive related businesspersons.

Franchisor Background

Year Established:  1986

Franchising Since:  1986

Operating Units:

Franchised Units:

140

100%
Company-Owned Units:00%
 
Total Operating Units:
140
100.0%
 
Minority Representation
Units Owned by Minorities:
African-American:3
Asian-American:0
Hispanic:4
Native American:0
Other:0
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.
 
Geographic Distribution:
U.S.:140100%In 22 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
140
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. New York25
2. New Jersey24
3. Massachusetts10

Registered in Following Registration States: Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth: $Varies
Cash Investment:$20-25K
Total Investment:$46.4-69.5K
Average Total Investment:$58K
 
Fees:
Initial Franchise Fee:$6-10K
Average Franchise Fee:$8K
On-Going Royalty:$10-15/Car
Average Royalty:-1%
Advertising Fee:0%
 
Average Number of Employees: 1 Full-time, 1 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:2
General Business Experience:3
Specific Industry Experience:4
Formal Education:2
Psychological Profile:2
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:Perpetual Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 10
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:At Additional Cost
Initial Store Opening:Not Applicable
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Matawan, NJ2 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 25

U.S.:

Yes, All United States
Canada: No
Overseas: No
Submit an online form to receive information from Sensible Car Rental.