• Investment Required
• Investment Level: $ 125 K
• Training and Support: Yes

At Thrifty Car Rental Canada the Franchise Owners are the customers. To help a new business franchise owner succeed, Thrifty Car Rental Canada offers an extensive array of products, services, and support, including a worldwide reservation center, a local website, advertising, marketing, onsite and continuous training, and much more. Thrifty Car Rental has territories available for franchise in the United States, Canada, and internationally.

Thrifty Car Rental Canada business franchise owners should be exceptional individuals with entrepreneurial skills to accomplish this initiative.  Thrifty Car Rental Canada requires of any potential business franchise owner at least 5 years ownership or management experience in the automobile car rental industry in addition to strong extensive customer oriented service skills.  Thrifty Car Rental Canada franchise owners must realize that Thrifty Car Rental Canada franchises are not an absentee business.  Franchise owners must be committed to devoting their full time energy to their franchise location.

Recent studies have shown that the local car rental market is now a $9 billion market. Thrifty Car Rental Canada is a strong contender for local rentals in suburban and downtown locations. These rentals are typically related to repair referrals, local corporate accounts, leisure activities, and insurance replacement.  The majority of Thrifty Car Rental Canada’s business comes from the airport market, which is tied directly to airline arrivals. Thrifty Car Rental Canada serves the airport market with both in-terminal and near-the- airport rental locations. Franchise Owners in the airport market are well-educated in all legal, financial and operational matters required for running an in-terminal location.

To become a Thrifty Car Rental Canada business franchise operator an initial franchise fee is due of $35,000 (Thirty Five Thousand Dollars).  The prospective business franchise owner should have a net worth of $500,000 (Five Hundred Thousand Dollars) or higher, and a liquid capital of $150,000 (One Hundred and Fifty Thousand Dollars).  The total investment required for a Thrifty Car Rental business franchise location can be anywhere from $765,000 (Seven Hundred Sixty Five Thousand Dollars) to $4,000,000 (Four Million Dollars).  Royalty fees are $110 (One Hundred and Ten Dollars +) plus for each vehicle.  Terms of agreement are 5 (Five) years.  Renewal fees are $2,500(Two Thousand Five Hundred Dollars).  Actual amounts can vary due to the specific location, size of the market, the amount of fleet, and the number of locations.

Acquiring a Thrifty Car Rental Canada business franchise location can take anywhere from 90 (Ninety) to 120 (One Hundred and Twenty) days to complete the approval process.  Potential franchise owners must be prepared for to act within this time frame.

Business Franchise World is not actively submitting franchise applications to Thrifty Car Rental Canada at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.