Frequently asked questionsThe answers will help you make an informed decision about becoming part of the Thrifty family.
Q - How much does a Thrifty Franchise cost?
A - The initial franchise fee varies by market. A Franchise Owner is granted the right to use the Thrifty name and trademark in a designated territory for an initial five year period.
Q - What territories are available?
A - To find out which territories are available click here, or you may contact one of our Franchise Opportunities staff members by calling 1-800-667-5925 ext. 809. Territory is licensed based upon the market area that we determine your projected operation could service. Typically we franchise by town, city, region and by postal code in major population centres.
Q - What do I have to pay?
A - Administrative Fee: Eight percent (8%) of a Franchise Owner's monthly gross revenue from rental activities. This fee is allocated to help pay for National Advertising and Headquarters support necessary to maintain the programs made available to Franchise Owners.
Reservation Fee: The reservation fee is a range from $5.15 to $6.55 (U.S.) for each net, non-duplicate reservation transmitted. This charge covers costs associated with handling and transmitting reservations to the Franchise Owner. For reservations made through the airline automated systems, there are additional charges which vary by booking source.
Airline/Hotel Transaction Fees: Charges for frequent flyer or frequent stay programs currently range from $5 to $8.50 (U.S.) per transaction.
Q - Do I have to make changes to my existing location, and how much will it cost?
A - Because we require strict compliance to the Thrifty facilities and graphic standards program, all locations must be brought into image compliance prior to opening. The Image and Standards staff is responsible for facilities and graphic standards, and assists with design and planning services, including architectural drawings and signage specifications, to make conversion as smooth as possible.
Q - How many cars must I have, and can you supply them?
A - Your Franchise Opportunities staff member will assist you in determining the number of cars needed initially to serve your licensed territory. Thrifty provides a very competitive lease program for its Canadian owners. The use of our lease program is optional.
Q - How long is the contract?
A - License agreements are granted for an initial period of 5 years, with the option to renew for three successive five year periods.
Q - If I become a Thrifty Franchise Owner, what support will I receive for my investment?
A - Thrifty provides our Franchise Owners with the resources necessary to reach your goals. With that philosophy in mind, Thrifty has optional programs available for fleet, insurance, counter automation software and continual training for all levels of employees, as well as a number of other important optional and back office services. For a complete list of all the services Thrifty offers, see our Franchise Opportunities Franchise Owner section and the Franchise Opportunities Marketing Services section. Most services are provided AT NO ADDITIONAL COST to the Thrifty Franchise Owner!
Q - Does Thrifty offer financing?
A - We are dedicated to the growth of our Franchise Owners and the Thrifty system. Special financing packages may be made available specific to your market and financial qualifications.
Q - Are there advantages to owning a Thrifty franchise in a non-airport city?
A - Definitely! Many of our locations are in suburban markets. Independent competitors have found it difficult to compete in this ever-changing business. Having access to competitive fleet and insurance programs, discounted supplies, on-going training and support and worldwide marketing and advertising programs can give you a competitive edge.
