Franchimp Summary Rating
Higher than 97% of peers
Franchise Summary
Description
As a franchisee, you will rent cars, pickup trucks, SUVs, and vans to the public. Renting refers to transactions of 30 days or less, but excludes the car sharing business segment.
Corporate Structure
Sixt Franchise USA, LLC was formed in Delaware on August 10, 2012. Their principal business address is 1850 SE 17th St., Suite 207 Fort Lauderdale, FL 33316. They began offering franchises for franchised Sixt vehicle rental businesses in the United States in October 2012 and in Canada in March 2013.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Sixt Rent A Car franchised business ranges from $1,116,275 to $10,486,000. This includes $37,975 to $575,000 that must be paid to the franchisor or its affiliates.
Employee Contact Database
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Distribution of Sixt Rent A Car Franchisees
Sixt Rent A Car Franchise System Development in 2014
FAQ
How much investment do I need to start my own Sixt Rent A Car business?
We aren't sure how much money you will need to start a Sixt Rent A Car franchise. However, we can tell you that franchisees also operating in the Auto & Travel industry typically require $217,893 to $1,085,777 investment to start their franchise
What are the initial franchise fees for Sixt Rent A Car?
We don't know exactly how much the franchise fees are for Sixt Rent A Car, but we can tell you that other franchises in the Auto & Travel sector typically need to pay between $21,249 and $58,409 to the
franchisor
How much money can I make with a Sixt Rent A Car franchise? What are
the average revenues for a typical Sixt Rent A Car business?
We haven’t done the math on how much revenue a typical
Sixt Rent A Car brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
Sixt Rent A Car to generate a similar amount
How long do I need to commit to running a Sixt Rent A Car 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
$356,500 to $6,524,200
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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