FranchiseVerdict
Avis logo
FV-00212·MODERATEExcellent81

Avis

Automotive - Repair & ServiceFranchising since 1946Website
Investment
$626K – $1.6M
91st pct Repair & Serv…
Avg revenue
54th pct Repair & Serv…
Royalty
7.5%
53rd pct Repair & Serv…
Units
1,900
95th pct Repair & Serv…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $626K – $1.6M including a $50K franchise fee, 7.5% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 55 loans (below the industry average).
  • 21 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Avis Rent A Car System, LLC
Parent company
Avis Budget Group, Inc.
Incorporated in
Delaware
HQ
379 Interpace Parkway, Parsippany, New Jersey 07054
Auditor
Deloitte & Touche LLP
Audited financials
Franchisor revenue
$12.0B
vs $11.8B prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Avis unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: automotive
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $626K–$1.6M
Working capital
$
FDD reports $55K–$72K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$131K
EBITDA margin
17.5%
Total invested
$1.2M
Payback
107 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Avis franchisees operate rental car locations where they manage vehicle inventory, handle customer check-ins/check-outs, process reservations, manage counter sales, and oversee fleet maintenance. Day-to-day operations involve staff management, customer service, counter sales practices (which are currently under litigation scrutiny), and compliance with Avis brand standards while paying 7.5% of all gross revenue as royalties.

CEO
Joseph A. Ferraro
Founded
1986
FDD year
2025
States available
22

Item 7 · what it costs

The Vitals

Total investment
$626K – $1.6M
All-in to open one unit
Liquid capital
$55K – $72K
Cash you must have on hand
Franchise fee
$50K
Royalty
7.5%
Gross Revenue · typical 6–8%
Ad fund
0.0%
typical 3–5%
Total fee load
7.5%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
1,900
Opened
20
Last reporting year
Closed
3
Turnover rate
0.2%
Company-owned
1,714
Corporate units in the system
% franchised
10%
vs corporate-owned
Net growth (yr3)
+10.1%
Net unit change last year
3-yr CAGR
+11.4%
Compounded over last 3 years
2023
186+17
Franchised units
2024
169
Franchised units
2025
167
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 14 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 14 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
55
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

64
Risk · 0-100
MODERATE64 / 100

Avis franchising presents high risk due to active consumer fraud litigation, undisclosed financial performance metrics, pattern of settlement-generating business practices, and unprotected territories that could undermine franchisee profitability.

Score breakdown · what drove the 64 / 100 rating

  1. 01HIGHActive litigation involving consumer fraud, deceptive counter sales practices, and contractor misclassification suggests systemic operational issues that could expose franchisees to legal liability
  2. 02MEDNo disclosed average revenue or net income data prevents accurate ROI calculation; combined with high investment range ($625.5K-$1.59M), franchisees cannot validate unit economics
  3. 03MEDMultiple concluded settlements for undisclosed surcharges, unwanted text messages, and administrative fees indicate pattern of problematic revenue collection practices that could damage franchisee reputation
  4. 04MINORUnprotected territory creates cannibalization risk in dense markets; with only 10.1% YoY unit growth and 1,900 locations, saturation concerns are legitimate
  5. 05MINORHigh 7.5% royalty on gross revenue (not net profit) compounds cash flow pressure, especially given industry's thin margins in car rental

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Geographic
Protected territory
No
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
21
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
1 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
New Jersey

Item 11

Training & Operations

Classroom training
73 hrs
On-the-job training
0 hrs
POS system
Wizard
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

60 numbers

Locked
(907) 440-••••
AK
(334) 284-••••
AL
(907) 487-••••
AK

One-time purchase · CSV download · Validation questions included

FDD download

Avis · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above