Priceless Rent-A-Car

Founded: 1997 Franchising since: 1997

105 Main St. Laurel, Maryland 20707

Phone: (240)581-1359 Franchisee Association Advisory Council

Franchisor is a privately-held company with 10 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	61	0	0	0
2008	61	0	0	0
2007	99	0	0	0
2006	99	0	0	0
2005	102	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Total investment: $135.1K-365K Franchise fee: $15K

Ongoing royalty fee: $30/car/mo. Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

Operations

• 5% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 2 - 4
• Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days

Ongoing Support

• Newsletter
• Meetings
• Grand opening
• Internet

Marketing Support

• Co-op advertising
• Ad slicks
• National media

Franchise 500® rank:
#485 (2005);

Low-Cost Franchises:
#134 (2005);