Nextcar Franchise Cost, Revenue & Review 2026
- Investment
- $315K – $1.6M
- Disclosed sales
- partial, no system average
- SBA charge-off
- Not SBA-matched
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 on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: partial✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $315K – $1.6M
- 40th pct Automotive
- Avg gross sales
- N/A
- Outlet subsetProjection
- 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 median · 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.
- RETURNSItem 19 reports per-vehicle metrics rather than annual gross sales, so unit revenue is not directly comparable.
- RISKVerdict B (Above average), verdict score 64/100 (higher is better).
- GROWTHNegative: net -2 franchised outlets in the latest year (0 opened, 2 closed) (Item 20).
- FLAGItem 4 discloses a bankruptcy of an officer or of a company an officer ran, not of the franchisor. Review Item 4 for details.
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.
- FDD Item 1, page 6 of the 2025 FDD
- Ultimate parent
- JJF Management Services, Inc.
- FDD Item 1, page 7 of the 2025 FDD
- 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
Same owner · FDD Item 1, page 7
2 other brands on this site name JJF Management Services, Inc. as parent or ultimate parent in their own FDD.
Grouped by the owner's name as each filing prints it (this page: the 2025 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
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 runs 159% above the typical 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%
- Set by a 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
No Item 19 revenue figure for NEXTCAR is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one NEXTCAR unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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
Reported for a subset of outlets rather than the whole system
Reported per transaction, not per outlet
- 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
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 median of 8.0%.
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 medians
How Nextcar Compares
Category median of published Automotive brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
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
- 2
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 6.9%
- 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
Last fiscal year · Item 20 exits and transfers
- Terminated
- 1
- Not renewed
- 0
- Transferred
- 0
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 6
- Franchisor's next-year forecast
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
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
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.
Bankruptcy (Item 4)
Subject: an officer. An officer’s own bankruptcy or a company an officer ran, not the franchisor’s
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)
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.
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 64 / 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
- 04MINORWide investment range: $315K-$1.59M spread indicates inconsistent unit economics or unclear cost structure
- 05MINORMinimum royalty structure: $800-$2,400 monthly floor may exceed gross profit on underperforming locations
- 06MEDUnknown 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 territory |
|---|---|
| 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?
Item 19 of the NEXTCAR FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns NEXTCAR?
NEXTCAR is franchised by NPR Auto Group, LLC. Its parent company is All Car Leasing, Inc.. The ultimate parent named in the FDD is JJF Management Services, Inc.. Source: FDD Item 1, 2025 filing.
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 B-grade franchise with a verdict score of 64 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.