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  Home  >>  Automotive  >>  New/Used Auto Rental/Leasing




Bargain Buggies Rent A Car Systems
3140 N. Washington Blvd.
Arlington, VA 22201




Submit an online form to receive information from Bargain Buggies Rent A Car Systems.
Business Description

BARGAIN BUGGIES RENT-A-CAR SYSTEMS currently operates 6 company-owned stores and 15 franchises in the Washington metropolitan area. BARGAIN BUGGIES employs 19 permanent staff members with over 200 years combined experience, who manage a fleet ranging in size from 300 to 500 vehicles. BARGAIN BUGGIES plans to continue to expand Internet capabilities and implement new marketing strategies. All of this will take place while focusing on offering exceptional customer service.

Franchisor Background

Year Established:  1970

Franchising Since:  1984

Operating Units:

Franchised Units:

12

66.7%
Company-Owned Units:633.3%
 
Total Operating Units:
18
100.0%
 
Geographic Distribution:
U.S.:18100%In 0 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
18
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Virginia4
2. Maryland8

Registered in Following Registration States: Maryland, Virginia, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $150K
Cash Investment:$25-75K
Total Investment:$50-250K
Average Total Investment:$150K
 
Fees:
Initial Franchise Fee:$5-25K
Average Franchise Fee:$15K
On-Going Royalty:$25/Car/Mo.
Average Royalty:-1%
Advertising Fee:Adv. Fund
 
Average Number of Employees: 3 Full-time, 2 Part-time

Space Needs (in square footage): 1,000

Preferred Sites: Free-standing Building, Strip Center

Other Sites: Hotel, Car Dealership

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:4
Formal Education:3
Psychological Profile:2
Personal Interview(s):3
 
Terms of Contract
 
Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 25
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:At Additional Cost
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. Corporate Headquarters1 Week
2. On-Site1 Week
 
Expansion Plans
 
Projected New Units Over Next 12 months: 12

U.S.:

Yes, Mid-Atlantic
Canada:No
Overseas:No
Submit an online form to receive information from Bargain Buggies Rent A Car Systems.