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Rent-A-Wreck (Canada)
Rent-a-Wreck is a car rental company in Canada. Rent-a-Wreck targets budget-conscious consumers by renting out used cars at much lower rates.
Facts & figures
Liquid capital required
$75,000
Net worth required
$75,000
Investment
$80,000 - $200,000
Franchise fee
$15,000
Units in operation
50
Franchisees receive assistance with training and marketing, as well as participation in an insurance program.
Rent-a-Wreck Franchise Opportunities - History
Rent-a-Wreck's first location opened in Prince George, BC in 1976 and the company began offering franchises in 1978.
Rent-a-Wreck Franchise Cost / Initial Investment /Rent-a-Wreck Franchise
Income
The franchise fee is $15,000 with a 6% royalty. Franchisees must have a net worth of $75,000 and the total investment is $80,000 is required.
Rent-a-Wreck Business Opportunities: Other Information
Rent-a-Wreck is also an active dealer, both buying and selling used cars.
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