KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
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Payless Car Rental is a prominent franchise known for its affordable and convenient car rental services. Established in 1971 and headquartered in St. Petersburg, Florida, the franchise has built a strong reputation in the industry.
Since its inception, Payless Car Rental has been offering franchising opportunities, enabling entrepreneurs to join a brand celebrated for its commitment to providing dependable and budget-friendly car rental options. The franchise boasts a diverse fleet of rental vehicles, including economy cars, SUVs, and vans, catering to both business and leisure travelers.
What distinguishes Payless Car Rental from its competitors is its dedication to affordability without sacrificing quality or customer service. The franchise strives to make car rentals accessible to a wide range of customers, offering competitive prices and a seamless rental experience.
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.
Payless Car Rental
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$25,000
$606,000
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$1,568,000
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Automotive
Payless Car Rental provides extensive training to franchisees through various programs and instructions. Key aspects of this training include:
Web-Based Training and Seminars: Payless periodically updates and introduces new web-based training programs and seminars. These are mandatory for franchisees, their General Managers, and other managerial staff. Attendance at Payless conventions or seminars is also required.
On-the-Job Training: Experienced instructors, often from the Licensee Relations Department and with a minimum of one year in the car rental industry, provide hands-on training.
Operating Assistance and Training: A thorough training program is available, offering courses, resources, webinars, and training materials to help train the franchisee's General Manager and employees in running the rental business.
Costs and Expenses: Franchisees bear the expenses related to these training programs, including travel, lodging, meals, and entertainment. All training must be completed to Payless's satisfaction.
Numerous Web-Based Training Programs: Payless offers approximately fifty-five individual web-based training programs through Workday Learning, covering various facets of the car rental business.
Payless Car Rental ensures territory protection for its franchisees by assigning them an exclusive area, typically delineated by political boundaries or a designated radius around the franchise location.
Throughout the franchise term, Payless commits to not opening or authorizing another Payless franchise within this protected territory, as long as the franchisee adheres to all terms of the agreement. However, Payless reserves the right to operate and grant licenses outside of this territory and, in certain situations, within the territory under specific conditions.
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