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Rent-A-Wreck
7710 5th St., SE, # 204
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: Mr. David Forseth, President
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 -- 66;
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
(for an explanation
click here)
Registered in Following Registration States: AB
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs:1,000 SF; SF
(for abbreviations click here)
Financial Requirements
Cash Investment: $75K+
Total Investment: $Varies
Average Total Investment: $-1K
Minimum Net Worth: $75K
Fees
>Franchise: $10-30K;
>Average Franchise Fee: $20K
>Royalty: 6%
>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
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 9
On-Going Support: C,D,E,F,G,H,I (for an explanation click here)
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.
For a sample questionnaire click here.
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