Hertz franchise represents the brand with worldwide recognition. Therefore, Hertz car rental franchise creates good opportunities for fast growth and quick payback. Owning a Hertz franchise means having a constant and consistent assistance of the franchisor in all stages of work. If you are thinking about how to buy a Hertz car rental franchise, have a look at the franchise investment information, fees and requirements. After reading the information, you can configure the Herz franchise profit and cost totals. In case you have any questions, contact us; otherwise, apply for one of Herz franchises offered for sale.
Hertz has the franchise fee of up to $50,000, with total initial investment range of $1,145,000 to $3,017,000.
Initial Investment and Startup Costs
Name of Fee | Low | High |
---|---|---|
Initial License Fee | $25,000 | $55,000 |
Training Expenses | $3,000 | $3,000 |
Passenger Cars | $435,000 | $11,700,000 |
Courtesy Vehicles (per location) | $55,000 | $350,000 |
Equipment and Supplies | $5,000 | $20,000 |
Insurance | $40,000 | $400,000 |
Real Estate and Improvements | Varies | |
Professional Fees | $3,000 | $10,000 |
Computer Systems, Hardware and Software | $11,500 | $250,000 |
Optional Software | $1,500 | $15,000 |
Business License | $100 | $500 |
Miscellaneous Installation Fees | $200 | $500 |
Additional Funds - 3 months | $20,000 | $50,000 |
ESTIMATED TOTAL (excluding real estate & improvements) | $564,300 | $12,494,000 |
Support Options
On-The-Job Training: 40 hours
Classroom Training: 80 hours
Additional Training: Before and after opening
Number of Employees Required to Run: 30
Hertz Franchise Info: https://www.hertzfranchiseopportunities.com
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