Avis Rent A Car FDD – Franchise Information, Costs and Fees
Type of Business
An Avis Franchise is a business of renting automobiles, without drivers, to the general public, for periods of 180 days, or less under the Avis Trademarks.
Corporate Information
Avis Rent A Car System, LLC incorporated in Delaware on July 16, 1986. Its principal business address is 6 Sylvan Way, Parsippany, New Jersey 07054. Avis is a wholly owned subsidiary of Avis Budget Car Rental, LLC, which in turn is a subsidiary of Avis Budget Group, Inc.
Investment
The total investment necessary to begin operation of an Avis Franchise, assuming that you finance 100% of your rental car fleet, ranges from $575,500 to $1,583,400 for an Avis Franchise with a 30-car fleet and a territory of 55,000 people. This includes the Initial License Purchase Fee of up to $50,000 for a territory with a population of 55,000.