Capital Requirements
- Start up costs between
$75,000 and $250,00 (Average $150,000)
including franchise fee
- Franchise fee
including 2 to 8 weeks training $45,000.00
- Royalties $46.00 per unit
per month
- Marketing fee's of $2.00
per unit per month
- Internet Development
$1.00
- Net worth should be
$250,000 to $500,000
Prototypical Stand Alone Center
- 40 to 75 vehicle fleet -
2-3 staff
- Free-standing facility with
store location in major urban area
- 200 sq. feet with parking
and vehicle display area (external)
- Service/cleaning and
detailing area
- Selection of vehicles i.e.
compact, mid-size, vans, sports utilities,
trucks, etc.
- Offer short term rentals
(daily weekly monthly)
- Offer long term leases (1
to 3 years)
- Offer mini-lease (3 to 6
months)
- Fleet rates, corporate
rates, frequent user rates.
- Insurance replacement
rates
Prototypical Add-On (Spot)
- 15 to 40 vehicle fleet - 1
staff
- Shared facility with
existing complementary auto industry
business
- 150 sq. feet office with
rental counter and parking/display area
- Shared or not vehicle
service/cleaning and detailing area
- Mostly mid-sized cars and
one of each in trucks
- Offer rent to own short
term lease
- Provide secondary vehicle
supply to stand alone
- Fleet rates, corporate
rates, frequent user rates
- Insurance replacement
rates
Autohire Team Coach - Steve REynar
- President & CEO of Autohire Rent-A-Car Inc.
- 18 years experience in the
insurance replacement car rental business in
Canada
- 19 years in automotive
wholesaling, fleet sales, leasing, dealership
general management, manufacturing and owned and
operated used car lots
- 16 years of car rental
franchising experience
- Co-founder of the CANADIAN
CAR & TRUCK RENTAL ASSOCIATION, retired
vice-president
- Member and active in many
Associations such as ACCRO (ASSOCIATED CANADIAN CAR
RENTAL OPERATORS), BBB, Board of Trade,
etc.
- Coached minor hockey for 12
years and was involved with Scout Canada for 10
years Executive Committee
- 29 year married with two
great kids
- Hobbies are cars, boating
and fishing