What is the maximum renewal fee for a Dollar Rent A Car franchise?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Agreement No.: | See location numbers listed below. |
|---|---|
| Agreement Issue Date: | |
| Effective Date: | [TBD] |
| Expiration Date: | [5] years after Effective Date |
| Franchisor: | [HERTZ SYSTEM, INC. / DOLLAR RENT A CAR, INC. / THRIFTY RENT-A-CAR SYSTEM, LLC] |
| Franchisor Notice Address: | [HERTZ SYSTEM, INC. / DOLLAR RENT A CAR, INC. / THRIFTY RENT-A-CAR SYSTEM, LLC] Attn: Franchise Operations 8501 Williams Road Estero, FL 33928, USA |
| Franchisee Name: | [ENTITY NAME] |
| Franchisee Notice Address: | [ENTER ADDRESS FOR LEGAL NOTICES – this may or may not be one of the Locations] |
| Trade Name(s): | [CHOOSE AS APPROPRIATE:] “Thrifty” or “Thrifty Car Rental” or “Thrifty Rent-A-Car System” OR “Hertz” or “Hertz Car Rental” OR “Dollar” or “Dollar Rent A Car” |
| Initial Fee: | [ENTER AMOUNT] or [Not applicable] |
| Future Renewal Terms: | Up to [three (3) two (2) one (1)] renewal term[s] of five (5) years [each], subject to the restrictions and qualifications set forth in the Franchise Agreement. |
Source: Item 23 — RECEIPTS (FDD pages 102–301)
What This Means (2025 FDD)
According to the 2025 Dollar Rent A Car Franchise Disclosure Document, franchisees may be granted up to three renewal terms, each lasting five years, contingent upon meeting specific qualifications and restrictions outlined in the Franchise Agreement. Upon renewal of the Dollar Rent A Car franchise agreement, the renewal fee will be equivalent to the fees and expenses incurred by Dollar Rent A Car in connection with the renewal.
The renewal fee for a Dollar Rent A Car franchise will not exceed $25,000. This fee covers Dollar Rent A Car's expenses related to processing the renewal.
It is important to note that the renewal is subject to certain restrictions and qualifications detailed in the Franchise Agreement. A prospective Dollar Rent A Car franchisee should carefully review these conditions to understand the requirements for a successful renewal. Understanding these terms is crucial for long-term planning and financial forecasting as a Dollar Rent A Car franchisee.