Franchimp Summary Rating
Higher than 84% of peers
Franchise Summary
Description
The primary purpose of the franchised business will be the rental of motor vehicles to the general public.
Company Background
Rent-A-Wreck is the nation's largest car rental company, with more than 1,000 locations in North America and over 3 million satisfied customers. We're here to make your life easier by offering a wide variety of low cost vehicles for rent. Whether it be an economy vehicle for a day or a luxury SUV for a week, we have what you need! Our goal is to provide our customers with fast, courteous service at affordable prices.
Franchise Opportunity
Renting a car can be expensive and inconvenient. Rent-A-Wreck is the solution to this problem. We are a nationwide network of independently owned businesses that rent cars at up to 40% less than traditional rental agencies, with no hidden fees or charges. Whether you need an economy car for the weekend or a luxury vehicle for your vacation, we have something for everyone! Our professional staff will help you find the perfect car for whatever situation you're in, and our convenient locations make it easy to pick up and drop off from wherever you are. Plus, every Rental comes with free unlimited miles on all rentals over 24 hours! It's time to stop paying too much money for car rentals - call us today!
Corporate Structure
Bundy American, LLC is a Maryland limited liability company, organized on March 29, 2004. We were originally incorporated as Bundy American Corporation in California on April 22, 1977. BAC was merged into a Maryland corporation on October 22, 1996, and the surviving Maryland company changed its name to BAC. BAC later merged into Rent-A-Wreck on March 30, 2004, and Rent-A-Wreck was the surviving company. They operate under the names and marks RENT-A-WRECK®, RENT-A-WRECK SYSTEM INTERNATIONAL, and RENT-A-WRECK USED CAR RENTAL AND LEASING. The principal business address of Rent-A-Wreck is 11411 Rockville Pike, Kensington, MD 20895. BAC offered Rent-A-Wreck franchises from 1978 through March 2004, and Bundy American LLC has offered “Rent-A-Wreck” franchises since April 2004.
Franchise Types Available
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Employee Contact Database
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Distribution of Rent-A-Wreck Franchisees
Rent-A-Wreck Franchise System Development in 2024
FAQ
How much investment do I need to start my own Rent-A-Wreck business?
Franchisees typically require at least $189,550 to $2,592,533 investment to get their Rent-A-Wreck business started
What are the initial franchise fees for Rent-A-Wreck?
Franchisees typically need to pay at least $26,500 in fees directly to Rent-A-Wreck in order to earn the right to launch their business
How much money can I make with a Rent-A-Wreck franchise? What are
the average revenues for a typical Rent-A-Wreck business?
We haven’t done the math on how much revenue a typical
Rent-A-Wreck brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
Rent-A-Wreck to generate a similar amount
How long do I need to commit to running a Rent-A-Wreck unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$189,550 to $2,592,533
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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