Europcar Franchise Startup Cost, Profit Margin, Revenue and Locations
Europcar franchise is a car rental company that has been in operation since the year 1949 (69 years). This article will be providing the available information that will be needed by individuals or groups interested in becoming a franchisee at Europcar Franchise Company.
To start with, we will be checking the overview of the company, the year of establishments and franchising, their services. After those, other important details which will be needed by a franchisee for planning will be discussed and they include, how much Europcar franchise costs, the required total investment cost.
We will then discuss the training and supports available for all their franchisees. Finally, we will discuss at length how to start a Europcar franchise.
Is Europcar a Franchise
Europcar is a car rental company based in France. The company is owned by the French investment company Eurazeo. They were created in the year 1948 and they started franchising in the year 1973. Presently Europcar has over 200,000 vehicle that are used for hire in over 160 different countries in Europe, America, Africa, the middle east, and Asian countries.
Their passenger’s car is also renewed after every 6-18 months depending on several factors. While their commercial cars are allowed to run longer than that, but their entire vehicle are maintained between 4 to 8 months.
At Europcar, you will also be required to work with trusted franchise that has built a solid connection with many car brands all over the world.
How much does Europcar Franchise Cost?
The exact cost of europcar franchise is not disclosed, but you can contact them online to get detailed information about that.
Europcar Franchise Fee
Europcar does not disclose the exact amount charged for their franchise fee, to get further information about that you will need to contact them on their website. Detailed information about other fees like advertising and royalty fee expected from their prospective franchisee can be received upon contacting them.
Europcar Franchise Start-up Cost
For anyone interested in joining europcar as a franchisee, you will be required a total investment capital of about US$580,000 or £800,000. More detailed information can be received upon contacting them.
Europcar Franchise Training and Supports
The success of any industry is sometimes buried deep into the training and support available for them. Europcar franchise is well informed of this and the following has been put in place to help their franchisee attain success:
- You will receive an initial 6 days training programme prior to the start of your business to give you detailed information about the model of the business.
- After starting your business, you will also receive further training both on-site and in their headquarter.
- Removal of both royalty fee and advertising fee comes as an advantage for franchisee in some selected area.
- Europcar franchise will help with site selection for their franchisee.
- You will also benefit by becoming able to use europcar brand name, as they allow franchisee to use their brand name in some selected region.
- As a franchisee, you will be opened to international marketing as europcar franchises are always featured on their website.
- An on-going monitoring of your business is done, this will ensure that your business is still running smoothly and detection of loop holes will be possible with the help of europcar monitoring staffs.
- Europcar will ensure that your brand name is well protected no matter the market you might choose to serve.
- You will receive assistance on how you will develop and build car rental business in your area.
- Several seminar and conventions are organized yearly; attending will help you to understand the new strategy for running successful business.
- You will be connected with good industry so as to be able to get quality cars.
- Europcar will also provide several research materials needed by a franchisee to understand the complete setup of the business, their procedures, and products.
- You will receive first-hand information pertaining registration and running of your business.
Europcar Franchise Terms of Agreement and Renewal
To know more about the terms of agreement and renewal offered by europcar franchise, you will need to contact them online by filling a request form on their website.
How much does a Europcar Franchise Make?
It is very important for one to estimate the likely amount he will make from his start-up at the initial stage. Presently there is no detailed information on how much a europcar franchise makes from his car rental services. But one can reasonably conclude that the will make lot of money putting this fact behind our mind that many people makes use of their services daily. Several other factors like the location of the business, the size and the charges placed on their services can go a long way in deciding what their earning may be. More detailed information can be received upon contacting them.
How to Open a Europcar Franchise
Having explored in detail important information about europcar franchise and you are interested in joining them as a franchisee, you can visit them on their website at www.europcar.co.uk and fill a request form there. Alternatively, you can send them mail on email@example.com.
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