Franchimp Summary Rating
Higher than 76% of peers
Franchise Summary
Description
An Avis Franchise is a business of renting automobiles, without drivers, to the general public, for periods of 180 days or less under the Avis Trademarks.
Company Background
Avis is the world's leading car rental company. With more than 4,000 locations in over 160 countries, Avis offers one of the largest selections of vehicles to choose from and a variety of convenient pick-up options.
Franchise Opportunity
Car rental is an industry that has been around for decades, but it's not one of the most exciting businesses to be in. Avis wants to change that. They want to transform the car rental experience from a boring business into something fun and exciting. When you become an Avis franchisee, you'll get access to all kinds of new marketing tools and technology - even drones! These tools will help you reach more customers than ever before and make renting cars a lot more fun for everyone involved.
Corporate Structure
Avis incorporated in Delaware on July 16, 1986. Its principal business address is 6 Sylvan Way, Parsippany, New Jersey 07054.
Franchise Types Available
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Employee Contact Database
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Distribution of Avis Franchisees
Avis Franchise System Development in 2021
FAQ
How much investment do I need to start my own Avis business?
Franchisees typically require at least $605 to $1 investment to get their Avis business started
What are the initial franchise fees for Avis?
Franchisees typically need to pay at least $30 in fees directly to Avis in order to earn the right to launch their business
How much money can I make with a Avis franchise? What are
the average revenues for a typical Avis business?
We haven’t done the math on how much revenue a typical
Avis brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
Avis to generate a similar amount
How long do I need to commit to running a Avis unit? What
is my contractual commitment?
Avis franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$605,500 to $1,568,400
which is
Much Higher
than the $0 to $0 average in the Automotive industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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