NextCar is graded based on our most recent FDD research!
NextCar offers car rental and vehicle leasing services from locations across the Maryland, Virginia, and Washington DC region.
NextCar has a franchise fee of up to $100,000, with a total upfront investment range from $339,992 to $790,226.
The initial purchase price of any franchised business includes several fees. Unlock this franchise opportunity to better understand the specific costs required to buy a NextCar, such as territory fees, real estate costs, grand opening marketing, and furniture and fixtures purchases. As a reminder, franchisors are required to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.
Can you Afford This Franchise. Complete our Affordability Calculator to find out!
As with any new investment opportunity, the franchisee's salary and the earnings from a NextCar franchise opportunity depends on a lot of different factors. One way to validate the potential revenues or profits earned from a NextCar franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Typically, profits and owner's salary are equitable to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and a number of other variables also play a large role in your profit margin and your personal salary
For more details and franchise specific on the earnings of a NextCar franchised business, unlock this franchise opportunity
As of the 2020 Franchise Disclosure Document, there are 3 franchised NextCar locations in the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2020 FDD information, NextCar has franchised locations in 2 states. There could be zero outlets in several states as each franchise company maps out their growth strategy differently.
Based on the data collected NextCar is expanding into new regions and might be available near you. While planning your franchise purchase, you always need to be thinking about what is a good location for my business. Review the potential customer base to assess that your city has a need or a market for this brand.
One of our franchise advisors will have detailed knowledge about this franchise. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
Category: Transportation Services
Yes, they have an initial training program of 37 hours. This includes 37 hours of classroom training, N/A hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
NextCar offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for more details.
Yes, NextCar offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2015. The average Transportation Services franchise began franchising in 1994.
Yes. They offer certain financing options within Item 10 of their FDD.