Hertz vs Bandag
Franchise Comparison 2026
Both Hertz and Bandag are automotive franchises. Hertz requires an investment of $879K – $16.2M while Bandag requires $357K – $6.5M. Neither Hertz nor Bandag makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. Bandag has SBA lending data on file with a 8.3% charge-off rate. FranchiseVerdict rates Hertz B (Above average) and Bandag B (Above average).
| Metric | Hertz | Bandag |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $879K – $16.2M | $357K – $6.5M |
| Franchise Fee | $25K | $3K |
| Royalty Rate | 7.0% | No royalty fee; Bandag earns revenue from required purchases of Materials and equipment by franchisees (approximately 100% of Bandag domestic revenues of $594,087,725 in 2025) |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/ANo Item 19 representation |
| SBA Charge-Off Rate | Limited data | 8.3% (13 loans) |
| Total Units | 2,946 | 157 |
| Unit Growth (YoY) | -10 units | -5 units |
| Year Began Franchising | 1925 | 1957 |
| FDD Year | 2026 | 2026 |
Investment Range
$879K – $16.2M
$357K – $6.5M
Franchise Fee
$25K
$3K
Royalty Rate
7.0%
No royalty fee; Bandag earns revenue from required purchases of Materials and equipment by franchisees (approximately 100% of Bandag domestic revenues of $594,087,725 in 2025)
Average Revenue (Item 19)
N/ANo Item 19 representation
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
8.3% (13 loans)
Total Units
2,946
157
Unit Growth (YoY)
-10 units
-5 units
Year Began Franchising
1925
1957
FDD Year
2026
2026