Nextcar Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
NEXTCAR is a value car rental franchise serving local and neighborhood markets. Franchisees run rental branches, managing fleet, bookings, and rental contracts.
FranchiseVerdict summary · 2026
A NEXTCAR franchise requires a total initial investment of $315K – $1.6M, including a $25K – $125K franchise fee and an ongoing 4.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $315K – $1.6M
- 40th pct Automotive
- Avg gross sales
- N/A
- Outlet subset
- Royalty
- 4.0%
- 4th pct Automotive
- Units
- 29
- 17th pct Automotive
- SBA charge-off
- N/A
Quick verdict · Automotive · color = vs category peers
Green = favorable by >10% vs Automotive avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $315K – $1.6M including a $25K franchise fee, 4.0% ongoing royalty.
- RETURNSAudited financials for NP Franchise Group, LLC; total revenues for fiscal year ended January 31, 2025 ($1,910,163) and January 31, 2024 ($2,144,836). Revenue streams: continuing license fees, reservation fee income, advertising fees, initial franchise fees, reservation services set-up fees.
- RISKVerdict A (Strongest tier), verdict score 63/100 (higher is better).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- NPR Auto Group, LLC
- Parent company
- All Car Leasing, Inc.
- Ultimate parent
- JJF Management Services, Inc.
- Predecessor
- NP Franchise Group, LLC (formerly Priceless Rent-A-Car, LLC)
- Prior franchisor entity
- CEO title
- President
- Michael DeLorenzo
- Incorporated in
- MD
- HQ
- 11411 Rockville Pike, Rockville, Maryland 20852
- Auditor
- Councilor, Buchanan & Mitchell, P.C.
- Audited financials
- Franchisor revenue
- $1.9M
- vs $2.1M prior year
Overview
About
- CEO
- Michael DeLorenzo
- Headquarters
- MD
- Founded
- 2004
- FDD year
- 2025
- States available
- 6
Can you afford it, and what does the money buy?
Entry cost is about average for a automotive franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $25K | $25K |
| Working capital (3–6 mo) | $15K | $47K |
| Equipment, build-out, other | $275K | $1.5M |
| Total initial investment | $315K | $1.6M |
Source: NEXTCAR 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $315K – $1.6M
- Middle of category vs category
- Liquid capital req'd
- $15K – $47K
- Top 40% of category vs category
- Franchise fee
- $25K – $125K
- Top 40% of category vs category
- Royalty
- 4.0%
- formula · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 5.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $89 |
| Transfer fee | $4K |
| Inventory (initial) | $250K – $1.3M |
| Total fee load | 5.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
NEXTCAR did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one NEXTCAR unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
15%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Audited financials for NP Franchise Group, LLC; total revenues for fiscal year ended January 31, 2025 ($1,910,163) and January 31, 2024 ($2,144,836). Revenue streams: continuing license fees, reservation fee income, advertising fees, initial franchise fees, reservation services set-up fees.
Reported for a subset of outlets rather than the whole system
- Item 19 type
- per-vehicle metrics
- Sample size
- 9 outlets
- vs category median 70 · small
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2025
- The FDD edition these figures were read from
- Transparency
- 0 / 10
- vs category median 4 / 10 · below
Compared against 167 Automotive brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 5.0% — below the Automotive average of 9.3%.
Disclosure
Item 19 reports per-vehicle metrics rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 9.1% CAGR over 3 years across 29 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Automotive averages
How Nextcar Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 29
- Opened
- 0
- Last reporting year
- Closed
- 1
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 16.7%
- Company-owned
- 17
- Corporate units in the system
- % franchised
- 41%
- vs corporate-owned
- Net growth (3-yr)
- +9.1%
- Net unit change over 3 years
- 3-yr CAGR
- +9.1%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 3
- Closed (3yr)
- 1
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 6 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
6
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
NEXTCAR presents HIGH RISK due to a collapsing franchise system (-14.3% unit decline), undisclosed financials, adverse litigation establishing royalty-free precedent, going concern status, and opaque contract terms.
Litigation (Item 3)
One concluded matter: Schwartz v. JJF Management Services, Rent-A-Wreck of America, and Bundy American (predecessor). Franchise termination dispute filed 2007, ultimately resolved with damages of $83,440.80 awarded to Schwartz plus court orders regarding territory protection. Fully concluded by 2019.
Largest disclosed settlement: $83,440
Bankruptcy (Item 4)
Disclosed in last 7 years
Bundy American, LLC (former parent, merged into franchisor via 2025 Corporate Reorganization) and Rent-A-Wreck of America, Inc. filed Chapter 11 petitions in District of Delaware on July 24, 2017. Both dismissed February 13, 2018. Officers Michael DeLorenzo and Ronald Jaffe were officers/directors of both entities at time of filing.
Audited financials (Item 21)
Yes · Councilor, Buchanan & Mitchell, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 63 / 100 verdict
- 01MEDSystem contracting sharply: 29 units with -14.3% YoY decline indicates accelerating collapse
- 02MEDNo financial disclosure: Avg revenue and net income not disclosed prevents ROI validation
- 03HIGHSignificant litigation: Schwartz case established lifetime royalty-free rights for at least one franchisee, creating precedent risk and potential liability exposure
- 04HIGHGoing concern status: False rating suggests franchisor financial distress or operational instability
- 05MINORWide investment range: $315K-$1.59M spread indicates inconsistent unit economics or unclear cost structure
- 06MINORMinimum royalty structure: $800-$2,400 monthly floor may exceed gross profit on underperforming locations
- 07MEDUnknown contract terms: Missing franchise agreement term length prevents long-term commitment assessment
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 5.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Territory type | protected |
|---|---|
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Frederick County, Maryland |
| Jury trial waiver | No |
| Governing law | MD |
| Litigation count | 1 |
View Item 3 litigation summary
One concluded matter: Schwartz v. JJF Management Services, Rent-A-Wreck of America, and Bundy American (predecessor). Franchise termination dispute filed 2007, ultimately resolved with damages of $83,440.80 awarded to Schwartz plus court orders regarding territory protection. Fully concluded by 2019.
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 7 hrs
- Training location
- Laurel, Maryland (Franchisee Service Center) or regional site
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- Site selection
- Franchisor approval required; franchisee selects site
- Franchisor financing
- Offered
- Item 10
- POS system
- ASAP (ASAP-Rent and ASAP-Rates)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ASAP (ASAP-Rent and ASAP-Rates)
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a NEXTCAR franchise?
The total investment to open a NEXTCAR franchise ranges from $315K – $1.6M, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do NEXTCAR franchise owners earn?
NEXTCAR does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the NEXTCAR FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the NEXTCAR FDD and qualifies whose outlets they describe.
What is NEXTCAR's franchise failure rate?
SBA 7(a) loan charge-off data is not available for NEXTCAR (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many NEXTCAR franchise locations are there?
As of their most recent FDD filing, NEXTCAR has 29 total units in the United States, including 12 franchised units and 17 company-owned units.
Is NEXTCAR a good franchise to buy?
FranchiseVerdict rates NEXTCAR as a A-grade franchise with a verdict score of 63 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.