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




Discount Car & Truck Rentals
720 Arrow Rd.
North York, ON, M9M 2M1 Canada


Submit an online form to receive information from Discount Car & Truck Rentals.
Business Description

DISCOUNT CAR & TRUCK RENTALS offer a unique approach to the rental business. We specialize in the replacement car market with a flair for leisure business.

Franchisor Background

Year Established:  1980

Franchising Since:  1984

Operating Units:

Franchised Units:

180

88.7%
Company-Owned Units:2311.3%
 
Total Operating Units:
203
100.0%
 
Geographic Distribution:
U.S.:2311.3%In 2 States
Canada:17083.7%In 10 Canadian Provinces
International:104.9%In 0 Foreign Countries
 
Total:
203
99.9.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Quebec36
2. Ontario86
3. Arizona12

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $250K
Cash Investment:$150-250K
Total Investment:$150-250K
Average Total Investment:$200K
 
Fees:
Initial Franchise Fee:$Varies
Average Franchise Fee:$-1K
On-Going Royalty:6-8%
Average Royalty:7%
Advertising Fee:0%
 
Average Number of Employees: 3 Full-time, 1 Part-time

Space Needs (in square footage): 1,500

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:5
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10/5/5 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 1 Year(s)
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?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: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:At Additional Cost
800 Telephone Hotline:At Additional Cost
 
Training:
1. North York, ON2-4 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 10

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, U.K., Australia
Submit an online form to receive information from Discount Car & Truck Rentals.