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Payless Car Rental

Just Drive with Payless

Business Type

Franchise

Min Liquid Capital

$100,000 to $300,000

Total Investment

$252,200 to $6,500,000

Required Net Worth

$500,000

Number of Units

124

In Business Since

1971

* For Current Info See:

Franchise Disclosure Document

Overview

We appreciate your interest in the fastest growing international car rental company. Considered the greatest opportunity during the evolution of the Internet, the Payless® brand delivers value by exceeding the expectations of our franchisees, and customers with outstanding results.

Payless Car Rental appreciates you taking the time to discover this tremendous opportunity. The Payless System delivers value by exceeding the expectations of our franchisees, and customers with outstanding results. As our company and brand continues to strengthen and grow, we look forward to the chance to discuss more about how our brand can fit your lifestyle.

Products & Services

Payless Car Rental a franchise opportunity from Franchise Genius

At Payless Car Rental we focus on providing our customers with the lowest rates on all our rental cars. We at Payless understand that traveling can strain the pocketbook, and have priced our car rental rates to keep you within your budget. Looking for an economy rental car? Our pricing makes this car type Payless’ number one rental vehicle. If you’re interested in family travel, our minivans are priced for a discount family vacation. We also have a fleet of sport utility vehicles (SUV) for adventure travelers on a budget. Our car rental reservation system is quick and easy, a few simple clicks and you’re done!

Payless has over 180 U.S. and international locations, and each provides the best value to customers by offering their lowest rates on our website. If you’re heading to Sin City our Payless Las Vegas location offers great prices on convertibles, so you can drive in style on the strip. For ski buffs our Denver, Colorado location provides low rates on our four wheel drive vehicles, and offers optional ski racks so you can shred the powder on the slopes. Save your money for the theme parks with our low rates on minivans in Orlando, Florida. From Anchorage, Alaska to Phoenix, Arizona there’s a Payless location providing discount car rental rates for your next vacation. Whether you’re heading North, South, East or West… Payless has the right car rental price for you!

At Payless Car Rental, we are committed to providing our customers with the lowest car rental rates possible through our website. That is why in addition to our already low rates we offer our customers online coupons and specials. These online car rental coupons provide an additional discount to our already low rental car rates. Don’t miss our year-round special $30 for a mid-size vehicle.

Training & Support

Payless Car Rental Franchise will provide:

A chance to operate your own business without being alone as you will be assisted by a dedicated team of experienced professionals
Support in the areas of operations, training, rate and yield management, advertising, marketing, airport affairs, and various software management systems
Personal satisfaction both as an owner/operator and as a member of a global car rental organization.
Personal growth and business knowledge from Payless' training programs
Increased value in your business through name brand association

Why Payless Car Rental?

Payless feels very strong about the business issues below, hence they are worth repeating. By taking full advantage of these benefits it will give you the greatest chance of running a successful franchise.

Recognized Brand Name - One of the most challenging, labor-intensive, and financially consuming tasks of having a business is developing a brand. The amount of effort and dollars that you need to spend to build the brand locally is less than if you were to start a non-franchised business.
Comprehensive Ongoing Support - As a franchisee, you immediately receive ongoing support from the franchisor. The franchisor provides the marketing materials, operations manuals and training on managing the day-to-day operations. The franchisor wants to provide all the tools necessary to help you build a successful franchise because your success is their success.
Proven Business Model - When you become a franchisee, you receive the blueprints for running the business effectively. This means you will be able to grow the business faster than if you were starting a non-franchised business.
Expanding Enterprise adds Benefits - Franchising inherently leads to rapid growth as the franchisees provide the expansion capital through such items as royalty fees. As the organization expands, many benefits emerge for the franchisee. Benefits like recognition of product or service becomes greater, more dollars are spent on advertising which tends to increase sales, and the sheer size of the company brings global buying advantages which are passed on to the franchisees.
Success creates Value - There will come a day when the franchisee decides it is time to move on with a new life. One of the most important aspects of planning for the future is how you plan to withdraw from your business, whether it is by passing the reins on to someone else or retirement, your exit strategy can have as much impact on the after-tax settlement you end up with as the majority of your working life. The bottom line is the overall Return on Investment. Being a part of a franchise system will help prove and improve the value of your company.

Are You a Good Fit for Payless Car Rental?

Basic qualifications to acquire a franchise
Current or previous experience in the car rental industry may be manditory.

Payless generally requires that you have an un-encumbered net worth of at least $500,000.

Depending on the circumstances surrounding your location, you are generally required to have at least $75,000 in liquid assets.

You must complete an extensive franchise application that includes personal, business, financial, tax and background information. This application package is extensive because it will also be used to assist you as required in obtaining fleet financing and business insurance.

We are looking for individuals who have:

Business experience in the market where they are seeking a franchise
A strong desire to succeed, work hard, and contribute to a winning team
Demonstrated personal integrity with emphasis on interpersonal skills
A willingness to participate in a comprehensive training program
A willingness to personally devote full-time efforts to the day to day operations of a Payless rental car business
A history of success and the ability to work well within a franchising organization

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