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Auto Rental franchises in the US

We currently don’t have any listings under this category but we have put together concise industry analysis below to help you make an informed franchising decision.

Alternatively, you can check out our franchises home page to search for a particular franchise or similar category that may match your search requirements.

Franchise Spotlight: Car hire

Analysis shows that franchises offer reliable and lucrative business models in the car hire sector.

Whether it be a car for a holiday, a weekend trip or the need for a temporary replacement vehicle, the likelihood is that most people have to hire a car at some point. Statistics show that the car rental market size in America is estimated to be around an incredible $23 billion. With this lucrative sector comes a host of franchise brands.

Car hire industry analysis

Analysis shows a dip in 2020 industry revenue in the car hire sector. The pandemic has seen a decline in tourism, leisure trips and travel in general and, in turn, a decrease in demand for car hire. Franchises, however, are better insulated and well-placed to weather economic downturns. Customers tend to turn to trusted brand names during times of instability. A well-known brand brings with it assurance of competitive prices, reliable vehicles and stringent health and safety and hygiene regulations - currently a high priority for customers. Furthermore, this dip in industry revenue is predicted to be only temporary – as the pandemic eases, people will be eager to travel again and with that comes a need for hire cars.

As well as having access to a proven business model, training and ongoing support, franchisees will have a competitive edge in this field as franchises tend to have strong allegiances with airlines and hotels. Furthermore, the marketing a franchise brand brings is often on a larger scale than any independent outlet.

Despite a bumpy year, the car hire sector looks set for a bright, long term future and franchises offer stable and lucrative business models.