Franchimp Summary Rating
Higher than 62% of peers
Franchise Summary
Description
The franchised business being offered is PacLease. The operation involves commercial truck rental and leasing establishments.
Company Background
PacLease is a franchised business that operates commercial truck leasing and rental businesses. The total investment necessary to start this franchise is $54,250 to $154,250, excluding separate facilities. This includes $4,250 paid to the franchisor.
Franchise Opportunity
Owning and operating a commercial truck leasing and rental business can be expensive and time consuming. Owning your own commercial truck leasing and rental business can be incredibly costly and time consuming. Not only do you need to invest in the necessary equipment, but you also need to find a separate facility to house your trucks. PacLease offers an affordable, turnkey solution that allows you to get up and running quickly and easily. With our help, you can focus on what's important - providing quality services to your customers.
Corporate Structure
The franchisor is PACCAR Leasing Company, an unincorporated division of PACCAR Financial Corp., a Washington corporation, incorporated in 1961, with its principal business address at 777 – 106th Avenue Northeast, Bellevue, Washington 98004. Its parent company is PACCAR Inc, a Delaware corporation.
Franchise Types Available
| # | Type | Investment | Fees |
|---|
Distribution of PacLease Franchisees
PacLease Franchise System Development in 2024
FAQ
How much investment do I need to start my own PacLease business?
Franchisees typically require at least $454,250 to $904,250 investment to get their PacLease business started
What are the initial franchise fees for PacLease?
Franchisees typically need to pay at least $4,250 in fees directly to PacLease in order to earn the right to launch their business
How much money can I make with a PacLease franchise? What are
the average revenues for a typical PacLease business?
We haven’t done the math on how much revenue a typical
PacLease brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
PacLease to generate a similar amount
How long do I need to commit to running a PacLease 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
$454,250 to $904,250
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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