About Us  |  Contact Us  
        

  Account Login
  Franchise Directory


Franchise Name/Keyword
 
  Areas Of Interest
Franchise Your Business
Logo
Profit From The Internet
  Home  >>  Automotive  >>  New/Used Auto Rental/Leasing




Budget Rent A Car of Canada
3080 Yonge St., # 4000
Toronto, ON, M4N 3N1 Canada


Submit an online form to receive information from Budget Rent A Car of Canada.
Business Description

Car and truck rental, both in airports and local markets.

Franchisor Background

Year Established:  1963

Franchising Since:  1963

Operating Units:

Franchised Units:

380

97.9%
Company-Owned Units:82.1%
 
Total Operating Units:
388
100.0%
 
Geographic Distribution:
U.S.:00%In 0 States
Canada:388100%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
388
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits

Registered in Following Registration States: Alberta

Financial Requirements

Investment:
Minimum Net Worth: $1MM
Cash Investment:$100K
Total Investment:$100K+
Average Total Investment:$100K
 
Fees:
Initial Franchise Fee:$20K
Average Franchise Fee:$20K
On-Going Royalty:7.5%
Average Royalty:8%
Advertising Fee:0%
 
Average Number of Employees: 2 Full-time, 2 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building, Storefront

Other Sites: Dealership

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:5
Formal Education:3
Psychological Profile:3
Personal Interview(s):3
 
Terms of Contract
 
Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 40
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
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:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:At Additional Cost
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Chicago, IL3 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 5

U.S.:

No
Canada:Yes, AB,SK,MB,ON,PQ
Overseas:No
Submit an online form to receive information from Budget Rent A Car of Canada.