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Rent-A-Wreck

204-7710 5th Street SE
Calgary, AB, T2H 2L9 Canada

800 #:(800) 668-8591
Tel:(403) 259-6666
Fax:(403) 259-6776
E-Mail:[email protected]
Website:www.rent-a-wreck.ca
Contact:Mr./Ms. Marketing Department,


Submit an online form to receive information from Rent-A-Wreck. You may receive some or all of the following:
Business Description

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

Year Established:  1976

Franchising Since:  1976

Operating Units:

Franchised Units:

59

100%
Company-Owned Units:00%
 
Total Operating Units:
59
100.0%
 
Geographic Distribution:
U.S.:00%In 0 States
Canada:59100%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
59
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Alberta11
2. British Columbia16
3. Newfoundland And Labrador8

Registered in Following Registration States: Alberta

Financial Requirements

Investment:
Minimum Net Worth: $75K
Cash Investment:$75K+
Total Investment:$Varies
Average Total Investment:$-1K
 
Fees:
Initial Franchise Fee:$10-30K
Average Franchise Fee:$20K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:4%
 
Average Number of Employees: 3 Full-time, 2 Part-time

Space Needs (in square footage): 1,000

Preferred Sites: Storefront

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:3
Formal Education:3
Psychological Profile:5
Personal Interview(s):5
 
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?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 9
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:Not Applicable
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:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Calgary, AB2 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 21

U.S.:

No
Canada:Yes, All Canada
Overseas:No