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Rent-A-Wreck
204-7710 5th Street SE
Calgary, AB T2H 2L9 CANADA
800#: (800) 668-8591
Tel: (403) 259-6666
Fax: (403) 259-6776
E-Mail: [email protected]
Web Site: www.rent-a-wreck.ca
Contact: Ms. Colleen Pickard, Franchise Development Coordinator
Our success is based upon teaching our franchisees how to achieve their professional goals. Our reputation is based upon providing the lowest car and truck rental rates across Canada.
Franchisor Background
Established: 1976
First Franchise: 1976
Franchise Units: 59
Company-Owned Units: 0
Total Units: 59
Distribution:
U.S. -- 0;
Canada -- 59;
International -- 0
-North America -- Operations in 8 Provinces
-States/Provinces with Greatest Density: 16 in BC, 11 in AB, 8 in NF
Projected New Units Over Next 12 months: 21
Franchisee Qualifications: 5, 5, 3, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $75K+
Total Investment: $Varies
Average Total Investment: $-1.0K
Minimum Net Worth: $75K
Fees:
-Franchise: $10-30K
-Average Franchise Fee: $20.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 4%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 9
On-Going Support: C,D,E,F,G,H,I (Click here for an explanation)
Training: 2 Weeks Calgary, AB.
Franchisor's Specific Expansion Plans
U.S.: No - US Affiliate
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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