NextCar Franchise Review
NextCar is graded based on our most recent research.
Franchise FactsNextCar offers car rental and vehicle leasing services from locations across the Maryland, Virginia, and Washington DC region.
How much does a NextCar franchise cost?NextCar has a franchise fee of up to $100,000, with a total initial investment range of $385,300 to $877,880.
- Initial Franchise Fee: $20,000 to $100,000
- Total Investment: $385,300 to $877,880
- Working Capital: $15,000 to $25,000
- Royalty Fee: 4.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a NextCar franchise make?As with any business, profits from a NextCar franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 7 franchised NextCar locations in the USA.
Are there any NextCar franchise opportunities near me?Based on 2020 FDD data, NextCar has franchise locations in 2 states. The largest region is the South with 1 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
NextCar Franchise Stats
$385,300 - $877,880
$20,000 - $100,000
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 46 hours. This includes 37 hours of classroom training and 9 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.