Dollar Rent A Car® FDD Summary
Type of Business
The licensee will operate a Dollar Rent A Car® vehicle rental business within a designated territory.
Corporate Information
Dollar Rent A Car®, Inc., an Oklahoma corporation was formed on December 2, 2002. They maintain their principal place of business at 8501 Williams Road, Estero, Florida 33928. They have offered licenses for Dollar Rent A Car® vehicle rental businesses described since January 1, 2003. They are wholly-owned by Dollar Thrifty Automotive Group®, Inc. DTG’s offices are located at 8501 Williams Road, Estero, Florida 33928. DTG is wholly-owned by The Hertz® Corporation, which is wholly owned by Hertz® Investors, Inc. Hertz® Investors, Inc. is wholly-owned by Hertz® Global Holdings, Inc.
Investment
The total investment necessary to begin operation of a Dollar Rent A Car® vehicle rental business (excluding real estate) ranges from $564,300 to $12,484,000. For new franchisees, this includes $25,000 to $55,000 that must be paid to the Franchisor or its affiliates. For any franchisee that is purchasing from the Parent or its affiliates the assets of certain existing car renting business locations, the investment may include a license fee of several hundred thousand dollars or more that must be paid to the Franchisor or its affiliates.