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F.A.Q.Trek offers two types of franchise systems, a fully Licensed Franchise System and a Sub-Franchise System. What are the differences between the two Systems? A fully license system, you are truly your own boss. You own all the assets. It is your own business. A Sub-Franchise system, you are an agent of TREK which you are paid a commission on all rentals that you do. (For existing businesses only) What are the advantages of these systems? A Full Franchise System, you own the business, therefore all the revenues go to your bank account. The vehicles are yours, which you can sell. The business itself can be sold or transfered. You are assigned a territory. In your territory, you can open as many locations as you want. You can even do 'Sub-Franchising' within your territory. A Sub-Franchise system, there is less of an investment, but you do make less. And the vehicles are not yours. Why choose TREK's Vehicle Rental Franchise? Excellent system with 40 years plus experience! Very affordable compared to other vehicle rental franchises. What do I get when I invest in TREK'S System? One on one training, Car Rental System software, software to raise capital for the business and vehicles, receive reservations via Trek's website and Toll-Free phone line, manuals, and a listing of resources needed to run your business. Training would include Thirty days of "on the job" training and ongoing telephone support. Trek will install our software packages on one computer for daily front counter operations for your rental location. (addition computers can be installed for an additional fee) Other..... Can I add TREK franchise system to my existing business? Absolutely! In fact, we encourage existing business owners to sign up. We feel an existing business owner has "what it takes" to succeed in a new venture. Both ventures, existing and TREK's system, can only help each other, create more traffic and revenues! What are the financial requirements? Opening costs vary depending if you are starting fresh or have an existing business already. Fully Licensed System: One time Initial Franchise Fee: $5,350.00. (Includes a computer with TREK's programs installed and ready for use) Monthly Fee: $100.00 each week, payable weekly or 3.50% of gross sales, whichever is greater; No charge for reservations from Trek's On-line Reservation System Credit Card Point of Sale Device: $35.00 to $125.00 (estimate) Computer Equipment: $1,500.00 to $2,000.00 (estimate) We can sell and setup/install the TREK's programs on a business refurbished computer for you. (Starting $350 per computer)(Price is for computer and labor only) (Additional copies of TREK's Car Rental System are extra) Signage: $1,000.00 (estimate) Vehicle Purchases: Recommend 20 % down on vehicle sale price, finance balance. Sub-Franchise System: (For existing businesses only) One time Initial Setup Fee: $995.00 You earn a 15% commission on vehicle rentals plus a flat fee of $4.00 for each vehicle 'Return'. If TREK's Franchise Systems sounds interesting, email or call us to receive a questionaire from us. Home Page :: Rates :: Requirements/Policies :: Reservations :: Contact Us |