Payless Car Sales Inc. Franchise
Used car sales
Payless Car Sales is a franchise system specifically designed to provide qualified independent used car dealerships with the opportunity to affiliate with a recognized global brand. Our primary objective is to build the largest and most trusted quality pre-owned vehicle sales franchise system in the United States and beyond.
Start-up Costs & Franchises Fees
What is the total cost to open a Payless Car Sales Inc. Franchises?
Total Cost: $351,700-$3,100,000 USD
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: $2500+/mo.
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $1000 for 5 years
Contact Information for Payless Car Sales Inc.
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Payless Car Sales Inc. |
Phone Number: (727)323-0943 |
Payless Car Sales Inc. In the Press
No results at this time.Historical Expansion
In what year did Payless Car Sales Inc. begin operations? 2001
When did Payless Car Sales Inc. begin selling franchises? 2001
Year United States Canada International Corporate 2007 52 0 0 0
Future Expansion
United States: Nationwide
Countries of Interest: Worldwide
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
* Available at headquarters: 2 days
* At franchisee's location: 1-2 weeks
Franchise Operation Restrictions
* 12% of all franchise business owners own more than one franchise location.* Number of employees needed to run franchised unit: 8 - 10
* Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes