FranchiseVerdict
Priceless Car & Truck Rental logo
FV-02035·CAUTIONExcellent86

Priceless Car & Truck Rental

Automotive - Repair & ServiceFranchising since 1996Website
Investment
$214K – $1.8M
52nd pct Repair & Serv…
Avg revenue
$1K
1st pct Repair & Serv…
Royalty
Units
37
40th pct Repair & Serv…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $214K – $1.8M including a $30K franchise fee.
  • Average unit revenue of $1K/year (median $1K).
  • Rated CAUTION with a risk score of 70/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
NP Franchise Group, LLC
Parent company
NP Auto Group, Inc.
Incorporated in
Maryland
HQ
11411 Rockville Pike, Rockville, MD 20852
Auditor
Councilor, Buchanan & Mitchell, P.C.
Audited financials
Franchisor revenue
$1.8M
vs $2.1M 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 Priceless Car & Truck Rental unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,017
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: $214K–$1.8M
Working capital
$
FDD reports $15K–$45K

Unlevered ROIC · per unit

0%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$163
EBITDA margin
16.0%
Total invested
$1.1M
Payback
77461 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

Franchisees operate rental car and truck locations serving local markets. Daily operations include vehicle fleet management, customer reservations and check-ins/check-outs, maintenance coordination, cleaning, and compliance with rental regulations. Revenue depends heavily on local market demand and seasonal fluctuations.

CEO
Michael DeLorenzo
Founded
2004
FDD year
2024
States available
12

Item 7 · what it costs

The Vitals

Total investment
$214K – $1.8M
All-in to open one unit
Liquid capital
$15K – $45K
Cash you must have on hand
Franchise fee
$30K
Royalty
The greater of 4% of Gross Revenues or a monthly minimum …
Ad fund
The greater of 1% of Gross Revenues or $500 per month
Total fee load
5.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1K
Per unit, per year
Median gross sales
$1K
Item 19 type
Average Monthly Revenue per Vehicle
Sample size
12 units
vs category median 59 · small
Range (low → high)
$827$1K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank1th
vs Automotive - Repair & Service peers
Investment cost rank52th
Lower investment ranks lower (better)
Royalty rate rank79th
Lower royalty = lower percentile (better)
Unit count rank40th
vs Automotive - Repair & Service peers
Risk score rank80th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
37
Opened
1
Last reporting year
Closed
1
Turnover rate
2.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-2.6%
Net unit change last year
3-yr CAGR
+2.8%
Compounded over last 3 years
2022
37±0
Franchised units
2023
38
Franchised units
2024
36
Franchised units

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

Item 20 · 12 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 · 12 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
1
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

70
Risk · 0-100
CAUTION70 / 100

Priceless Car & Truck Rental presents meaningful risk due to shrinking unit base, undisclosed profitability metrics, high capital requirements relative to small system size, and unclear path to ROI.

Score breakdown · what drove the 70 / 100 rating

  1. 01MINORDeclining unit count (-2.6% YoY) indicates system contraction and potential franchisee struggles
  2. 02MEDNet income not disclosed in Item 19 — inability to assess actual profitability despite $1M+ investment ceiling
  3. 03MINORWide investment range ($214K-$1.8M) suggests inconsistent startup costs and unclear scalability
  4. 04MINORRoyalty structure with $600-$1,800 monthly minimum may be unsustainable for lower-revenue locations
  5. 05MINOROnly 37 units systemwide is extremely small, limiting brand recognition, negotiating power, and support infrastructure
  6. 06MINORAverage revenue of $1,017 (appears to be weekly or monthly figure) is low relative to high capital requirements

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius/Airport
Protected territory
Yes
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Maryland

Item 11

Training & Operations

Classroom training
37 hrs
On-the-job training
8 hrs
POS system
ASAP Rental Management System
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

26 numbers

Locked
(906) 482-••••
MI
(770) 485-••••
GA
(307) 363-••••
WY

One-time purchase · CSV download · Validation questions included

FDD download

Priceless Car & Truck Rental · FDD (2024) PDF

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