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Dollar Rent A Car

Franchise

Dollar Rent a Car is an automobile rental company that puts its largest emphasis on customer service. With quality vehicles and friendly faces staffing the operations, Dollar Rent a Car has made a name for itself in the industry. Customers away from home on vacation or business turn to the company for Chrysler cars with airbags. Child safety seats, ski racks, and accommodations for the physically disabled are available by request. Dollar Rent a Car can be found at airports in all major United States cities.

Facts & Figures

Liquid capital required
$150,000
Net worth required
$250,000
Investment
$639,419 - $6,818,295
Franchise fee
$12,500
Units in operation
372

Overview

Absentee ownership of Dollar Rent a Car is not permitted. A whopping 90% of all franchisees own multiple locations, showing a firm commitment to the company.

Dollar Rent a Car Franchise Opportunities - History

In 1965, Henry Caruso founded Dollar Rent a Car. The company ran independently until Chrysler purchased it in 1990. Today, Dollar Rent a Car has about 650 locations in 53 countries around the world. More than half of these locations are in North America, but there are also significant spots in Europe, Latin America, and the Caribbean.

Dollar Rent a Car Franchise Cost / Initial Investment / Dollar Rent a Car

Franchise Income

Dollar Rent a Car has a franchise fee that spans all the way from $20,000 to $500,000 for a 10-year renewable agreement. The total initial investment ranges between $639,419 and $6,818,295. Franchisees must then pay a 6-8% ongoing royalty fee on all sales. To become a franchisee, interested parties must have a net worth that exceeds half a million dollars with at least $150,000 available in liquid assets.

Dollar Rent a Car Business Opportunities: Other Information

Dollar Rent a Car partners with other travel businesses (including Southwest, United, American, Continental, and Hawaiian airlines) to provide people on the go with a complete travel package. Conveniently, customers are able to book flights, hotels, and an auto rental simultaneously for a reduced cost.

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