|
Thrifty Car Rental
5310 E. 31st St.
Tulsa, OK 74135
800#: (800) 532-3401
Tel: (918) 669-2219
Fax: (918) 669-2061
E-Mail: [email protected]
Web Site: www.thrifty.com
Contact: Mr. Trey Russell, Director
THRIFTY operates in over 57 countries and territories, with over 1,000 locations throughout North and South America, Europe, the Middle East, Caribbean, Asia and the Pacific, and is one of the fastest-growing car rental company in Canada and Australia. THRIFTY has a significant presence both in the airport and local car rental markets. Approximately 66% of its business is in the airport market, 34% in the local market.
Franchisor Background
Established: 1958
First Franchise: 1962
Franchise Units: 849
Company-Owned Units: 151
Total Units: 1,000
Distribution:
U.S. -- 374;
Canada -- 135;
International -- 491
-North America -- Operations in 46 States,10 Provinces
-States/Provinces with Greatest Density: 59 in ON, 37 in FL, 34 in CA
Projected New Units Over Next 12 months: 50-75
Franchisee Qualifications: 5, 5, 5, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 4-6 FT (FT = Full Time, PT = Part Time)
Space Needs: Varies SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $150K
Total Investment: $200-250K
Average Total Investment: $225.0K
Minimum Net Worth: $500K
Fees:
-Franchise: $Varies
-Royalty: 3%
-Average Royalty: 3.0%
-Advertising: 2.5-5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 1,000
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 5 Days + Mentor Program at Headquarters in Tulsa, OK.
Franchisor's Specific Expansion Plans
U.S.: Selected Markets Remaining
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type |
Average
Total Investment | Average
Franchise Fee | Total
Units |
|