Payless Car Rental System charges a royalty fee of 7.5% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Payless Car Rental System franchise is approximately 7.5% of gross sales (2024 FDD). This includes the royalty fee, a 0.0% marketing/advertising fund contribution, a $42/month technology fee, and other recurring charges.

Payless Car Rental System has been involved in 7 litigation cases over the past 3 years (2024 FDD). There are currently 7 pending cases. There is at least one class action lawsuit pending.

No, the Payless Car Rental System franchisor has no bankruptcy filings in their disclosure history (2024 FDD).

Payless Car Rental System offers exclusive territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales rights are shared between the franchisor and franchisee.

Payless Car Rental System currently operates 109 locations (2024 FDD) (12 franchised, 97 company-owned). The system contracted by 7.6% over the past year. The 3-year compound annual growth rate is 1.3%.

The 1-year franchisee turnover rate for Payless Car Rental System is 8.5% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

Payless Car Rental System does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.

The initial franchise agreement term for Payless Car Rental System is 10 years (2024 FDD). Franchisees can renew 5 times for 5-year periods. The total potential term is 35 years.

Payless Car Rental System's post-termination non-compete clause restricts former franchisees from operating a competing business for 1 year within 5 miles of the former location (2024 FDD).

No, Payless Car Rental System's franchise agreement does not require mandatory arbitration (2024 FDD). Disputes may be resolved through litigation.

Yes, Payless Car Rental System provides site selection assistance to help franchisees find the right location (2024 FDD). The franchisor also provides technology support and systems.