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Jason Rager is President of Franchise Analyzer.

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Thursday
May132010

Thrifty Car Sales Franchise

Used car sales

Start-up Costs & Franchises Fees

What is the total cost to open a Thrifty Car Sales Franchises?

Total Cost: $765,000 USD -$4,000 USD ,000 USD
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: $110+/vehicle
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $2.5K

Contact Information for Thrifty Car Sales

Thrifty Car Sales Inc.
5310 E. 31st., CIMS 1130
Tulsa, OK
74135

Toll Free: (877)289-2583
Fax Number: (918)669-2654

Franchise Homepage:

Thrifty Car Sales In the Press

No results at this time.

Historical Expansion

In what year did Thrifty Car Sales begin operations? 1998
When did Thrifty Car Sales begin selling franchises? 1998

Year United States Canada International Corporate
2003 51 0 0 0
2002 47 0 0 0
2001 40 0 0 0
2000 35 0 0 0
1999 6 0 0 1

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, Ongoing training available through Thrifty University
Support
In the Pressletter, Meetings, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks

Franchise Operation Restrictions

19% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 10 - 14

Absentee ownership of franchise is allowed. (92% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • Industry experience
  • 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
    Please 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.