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High Visibility Rental Car Franchise In Downtown Bozeman For Sale

Bozeman, Montana, US
Asking Price:
$600,000 Furniture / Fixtures included
Sales Revenue:
$731,400
Cash Flow:
$295,600

Nextcar Rentals Franchise. List to all major Online Travel Agencies

Prime location at the hard corner of 7th Ave and Mendenhall St, with easy access to I-90. Location is one block off Main St. Only 15 minutes from Bozeman airport. The only rental car company within walking distance of downtown and Montana State University. Lots of walk in traffic due to downtown proximity, including Bozeman residents and hotel guests. All other rental car companies are outside of Bozeman proper.

Profitability comes from the unique rental car franchise - manufacturer relationship. As a Nextcar franchisee, you are able to purchase brand new vehicles at factory price (far cheaper than "invoice"), rent the vehicle at a profit, then sell the vehicle 6+ months later at a profit. Fleet sale timing is at the discretion of the franchisee. The business includes a used vehicle dealer license, required to either sell vehicles retail to the public or wholesale at a dealer's auction.

Nextcar Franchise grants exclusive rights of Nextcar brand to all of Gallatin County, including Bozeman Airport.

Includes off-site car rental operator agreement at Bozeman airport with contact-free rental car business model. Dedicated parking stalls at Bozeman airport. Advertisement near baggage claim at airport. Also able to operate on-demand or scheduled shuttle service. Airport operations run in tandem with downtown operations, for example, customer may choose to pick up vehicle downtown and return at airport.

Nextcar franchise benefits include:

• Access to list rentals to all major Online Travel Agencies (OTAs) including Expedia, Orbitz, Travelocity, Priceline, Booking.com, Kayak, and many more.
This is unique to large rental chains only. Independent rental operators do not have access to OTAs.
• Access to new vehicle purchase directly from factory at deep discount (including Toyota, Jeep, Dodge, Chrysler, Hyundai, Kia, Ford, Volkswagen, and more)
• Access to closed-sale auction vehicles via corporate fleet managers
• Corporate fleet financing and lease programs available
• Rental fleet insurance
• Corporate supplied Collision Damage Waiver program (allows sale of collision coverage to customer without insurance)
• Able to rent to individuals who do not have a major credit card (most rental companies require a major credit card)
• Corporate Call Center handles phone calls and reservations after hours and during the day when the office is too busy to answer the phone
• Quick support from Nextcar corporate office for need-now information from industry experts
• Ongoing training held usually every 4 weeks via online video call with corporate
• Annual training convention (usually held in Las Vegas in October)
• Nextcar proprietary rental software
Very easy to learn and train. New hires can be trained in just a few hours.

Google My Business with excellent reviews history
Custom email and SMS templates to streamline workflow, especially for Bozeman Airport customers

Local specific website, managed by location

The location is available for lease from the current owners for $8,500/month NNN. Large parking lot with excellent visibility and frontage. Parking lot has room to store approximately 45 cars. This location could potentially support 90+ units; most of the time cars are out on rent, not at the location. Lot total size is .43 acres. Building is approximately 1300 sq ft.

The fleet vehicles are not included in the asking price. The estimated available units are:
10- 2024 Jeep Wrangler Unlimited 4x4 Sport S w/ Hardtop
10 - 2024 Toyota Corolla Cross LE AWD
6 - 2023 Toyota Corolla LE
4 - 2022 Dodge Durango SXT AWD w/Blacktop

The business is run by a family of 3 and no employees.

Property Information

Location:

Prime location at the hard corner of 7th Ave and Mendenhall St, with easy access to I-90. Location is one block off Main St. Only 15 minutes from Bozeman airport. Close to Montana State University. 7th Ave is one of the busiest traffic count roads in Bozeman. (2022 AADT 13,500, on 7th at Mendenhall). Located in a growing neighborhood. A number of high density apartments and condos are in planning or construction in the immediate area.

Business Operation

Expansion Potential:

Includes off-site car rental operator agreement at Bozeman airport with contact-free rental car business model. Includes parking stalls at Bozeman airport. Advertisement near baggage claim at airport. Able to operate on-demand or scheduled shuttle service. Airport operations run in tandem with downtown operations. Opportunity to engage in partnerships or referral programs with area hotels, service shops, etc., including offering contact free pickup and drop off options using existing airport format. Able to sell fleet units to public at a profit.

Competition / Market:

We are the only rental car company within walking distance of downtown and Montana State University.

Reasons for selling:

Owners are retiring after 30+ years in the automotive business

Employees:
0
Years established:
6

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Subject to franchisor approval of new owner. $3000 transfer fee payable to corporate office on transfer.

Other Information

Support & training:

We will assist in training the new owner as needed for local procedures. The new owner will complete a one week training course with the Nextcar corporate office in MD. Nextcar corporate offers monthly ongoing training, as well as an annual training convention.

Furniture / Fixtures value:
$10,000 - included in the asking price
Inventory / Stock value:
$985,000
Website:
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Relocatable:
This business can be relocated.