America's #1 neighborhood car rental company, Rent-A-Wreck Franchise has attained the highest ratings in the franchising industry. For 5 successive years, Entrepreneur Magazine rated us #1 in its category for the prestigious Franchise 500 awards. The annual Success Magazine named Rent-A-Wreck Franchise one of the best-managed franchises in America. Success surveyed over 2,800 franchise companies in all industries and ranked us 4th!

BACKGROUND

Established: 1973

First Franchised: 1978

Franchised Units: 451

Company Owned Units: 0

Projected New Units (12 Months): N/A

Registered: All states

FINANCIAL/TERMS

Cash Investment: $8K (for the smallest territory) and up, cost varies by territory size

Total Investment: $35.8-209K

Minimum Net Worth: $75K

Franchise Fee: $8-76K

Royalty: $30 per car per month

Ad: $7 per car per month

Average Number of Employees: 1 FT, 1 PT

Passive Ownership: No

SUPPORT & TRAINING PROVIDED

Financial Assistance Provided: Yes, with excellent credit and ability to borrow funds

Site Selection Assistance: No

Lease Negotiation Assistance: No

Co-Operative Advertising: Yes

Training: One week in Owing Mills, MD

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