Min investment
£116,000
Outlets
82
Hertz franchise
From luxury cars to hybrid vehicles, whether for business or for personal use, Hertz has the answer to your car rental needs
Minimum investment
£116,000
Funding support
No
Total investment
£386,000
Franchise fees
£0
Business type
Franchise
Expected revenue after 2 years
£450,000
Minimum investment
£116,000
Outlets
82
-
Operating fee:
10% of revenue -
Advertising fee:
N/A -
Royalty fee:
N/A -
Average floor space:
N/A
About Hertz
Franchise
From luxury cars to hybrid vehicles, whether for business or for personal use, Hertz has the answer to your car rental needs. As part of the Hertz Corporation, we have expanded into an international franchise operating in 145 locations worldwide. We are the world’s largest airport general use car rental brand. We have a wide collection of car models for you to choose from. Take your pick from a Porsche, Ferrari. Lamborghini, Aston Martin, Tesla, and others. We have established partnerships with airports, railroad companies, hotels, and others.
For more than 90 years, we have built a network that has remained unmatched in the car rental industry. Our hard work and commitment over that period has paid off as we have established a solid reputation and track record in our industry. We have also been recognized by different award giving bodies for providing quality vehicles and efficient customer service. Business Traveller Magazine recognized us as the Best Car Rental Company in 2013. We have also received a Gold Award for Best Car Rental – International Brand during the Mena Travel Awards in 2013.
Our company continues to grow and we are opening our doors to interested individuals. By being one of our franchisees, one will be joining a company that is a leader in its industry. Just by operating under the Hertz name, potential franchisees will already receive worldwide recognition. As one of our franchisees, you can benefit from national and worldwide commercial accounts.
Training and support provided
Once they have been accepted into the fleet, we will provide the new franchisee with all the support and assistance needed to develop their car rental business. We will provide an exclusive territory to operate on. The new franchisee will be attending an on-boarding training session at Hertz zone offices. For operational support, the new business partner will receive access to our integrated reservation system. We will also get access to major supplies programs for purchase of rental fleets and facility supplies. Hertz franchisees will also receive support for growing their customer base which ranges from radio, television, and print advertisements as well as coupons and flyers.
The ideal Hertz franchisee
We already have a solid fleet but it is still growing. Unfortunately, only a selected few can be part of our team. The team member we are looking for should have automotive experience preferably worked as a dealer. We are also looking for someone who has an understanding of buying and selling cars. The ideal franchisee need to have travel or tourism background and must have strong communication and leadership skills. Moreover, they will be required to have a net worth of £386,000 and a liquid capital of £116,000. The franchise fee will depend on the size of the fleet, location, and demographic considerations and valid for 5 years.
Hertz's history
Hertz Rent A Car was founded by Walter Jacobs in 1918 in Chicago. It started with a dozen Model T Fords. In 1923, Jacobs sold the business to John Hertz, who owned Yellow Truck and Coach Manufacturing Company. Throughout its lifetime, Hertz has changed ownership several times.
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