KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
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Founded in 1918 by Walter L. Jacobs in Chicago, Illinois, Hertz has evolved into a global leader in the car rental industry. The company is currently headquartered in Estero, Florida.
Hertz began franchising in 1925, expanding its reach both domestically and internationally.
Hertz offers a diverse range of vehicles and services, including the Hertz Gold Plus Rewards® program, NeverLost® onboard navigation systems, and specialty vehicle collections such as the Prestige, Fun, and Green Collections. These innovations set Hertz apart from competitors by enhancing customer convenience and choice.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
HERTZ
400
$25,000
$879,000
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$15,874,000
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Automotive
Hertz provides various types of training programs to support franchisees in operating their businesses effectively. The key programs include:
Hertz does not provide exclusive territory protection to its franchisees. Franchisees are granted a non-exclusive geographical territory that is identified in their franchise agreement.
This means that franchisees may face competition from other franchisees, outlets operated by the franchisor, or even other distribution channels under the Hertz brand within their designated territory.
While Hertz retains the right to operate or authorize operations within any territory, the franchisor agrees not to establish another franchised business in the same specific geographical location as an existing franchise, provided the franchisee complies with their agreement.
However, franchisees may still need to compete with Hertz’s affiliate brands or other channels, ensuring no absolute territorial exclusivity.
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