Payless Car Rental FDD Summary


Type of Business
The franchisee will rent and lease cars, trucks, SUVs, and vans to the public. Renting refers to transactions of 30 days or less.


Corporate Information
Payless Car Rental System, Inc. is a Florida corporation incorporated on September 26, 2001 with a principal place of business at 6 Sylvan Way, Parsippany, NJ 07054. Payless does business under the names “Payless Car Rental,” “Payless Truck Rental,” “Payless Car Rental System,” “Payless,” and other trademarks, service marks, trade names, logos, and commercial symbols. Payless has offered franchises under the names “Payless” and “Payless Car Rental” since September 26, 2001.


Investment
The total investment necessary to begin operation of a Payless Car Rental franchised business is from $672,390 to $7,445,440. This includes an initial franchise fee ranging from $15,000 to $500,000 and a Performance Deposit of $2,500 to $10,000 that must be paid to Payless Car Rental System, Inc.


View the 2016 Payless Car Rental FDD

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