Payless Car Rental System offers vehicle rental franchises with a $50,000 franchise fee and total investment ranging from $625,500 to $1,608,400. The system is primarily company-owned (97 of 109 locations) with only 12 franchised units. The 7.5% royalty rate applies to gross revenue. The franchise provides exclusive territory based on population minimums but reserves extensive rights for the franchisor and affiliates. No financial performance representations are disclosed in Item 19. The system has significant litigation exposure with multiple pending class actions. Training is web-based through Workday Learning platform. The initial term is 10 years with successive 5-year renewal periods available.
Generated from 2024 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
Similar to Payless Car Rental System, Inc. in category and investment range