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Thursday
May272010

Priceless Rent-A-Car Franchise

Car rentals & leasing

Start-up Costs & Franchises Fees

What is the total cost to open a Priceless Rent-A-Car Franchises?

Total Cost: $37,200-$216,000 USD
Total Franchise Fees: $7,000 USD
Ongoing Royalty Fees: $30/car/month
Ongoing Advertising Fees: Not Available

Contact Information for Priceless Rent-A-Car

Priceless Rent-A-Car
105 Main St.
Laurel, MD
20707

Phone Number: (240)581-1359
Fax Number: (240)581-1395

Franchise Homepage:

Historical Expansion

In what year did Priceless Rent-A-Car begin operations? 1997
When did Priceless Rent-A-Car begin selling franchises? 1997

Year United States Canada International Corporate
2006 77 0 0 0
2005 98 0 0 0
2004 120 0 0 0
2003 140 0 0 1

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes No
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
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