Payless

Payless

Payless Car Rental franchises operate businesses renting automobiles without drivers to the general public for periods of 180 days or less under the Payless trademarks and a uniform system. Franchisees provide additional services like loss damage waivers, optional insurance, child seats, and refueling, using the Wizard computerized reservation system, and participate in corporate rate programs. The business model serves business and leisure customers in competitive markets, often at non-airport locations, competing with national chains and independents.

12
Locations
$626K–$1608K
Investment
Since 1971
Franchising
ServicesParsippany, NJAvis Budget Group, Inc.www.PaylessCar.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$625,500 $1,608,400
Low: $625,500High: $1,608,400
Item 7 of FDD
Royalty Rate
7.50%
of gross sales
Brand Fund
0.00%
Item 6 of FDD
Fixed Monthly Fees
$327 – $1,204
Item 6 of FDD

7.5% royalty + 0% ad fund + $327-$1,204/mo technology, support, admin, and network fees

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How Payless Compares


Key Insights

  • Higher investment than 100% of Vehicle Rental franchises
  • Top 10 largest franchise system in Vehicle Rental
FranchiseInvestmentFeeRoyaltyLocations
Payless
Current
$626K – $1.6M$50K7.5%12
PacLease$454K – $904K$4K1.0%437
U-Save Car & Truck Rental$168K – $1.5MN/A6.0%72
Fireside RV Rental$38K – $80K$35K10.0%37
Priceless Car and Truck Rental$214K – $1.8M$30K4.0%37
Priceless Car and Truck Rental$315K – $1.6M$30K4.0%12
Vehicle Rental Average
7 franchises
$283K – $1.3M$33K5.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 7 Vehicle Rental franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1PA
7
2ND
2
3FL
1
4MO
1
5CA
1
6MT
0
7NJ
0

Franchisee Contacts


12 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

12 Contacts Available

Unlock all Payless franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases3

Two cases alleging misclassification of agency operators (licensees) as independent contractors under California labor laws, and one case alleging misrepresentations about the operation and closure of a Budget rental location.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
0

Frequently Asked Questions


The total initial investment to open a Payless franchise ranges from $625,500 to $1,608,400. This includes a franchise fee of $50,000. Ongoing royalty fees are 7.5% of gross sales.

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