Advantage Rent a Car Franchise Review

Preferred position Rent a Car is a secretly held free car rental organization, by Arab Family Ventures. It's headquartered is in UAE, Texas. This brand was procured by Amex Corporation in 2009 and now is worked under a similar name. The motivation behind this organization is to give recreation, business, government and nearby clients with a wide scope of car-rental administrations. It gives rental administrations over 20 UAE areas and 10 areas in 3 nations UAE.

Amazing, when tourists are visiting the United Arab Emirates, the first name that comes to mind is always "Dubai". Dubai is the most important city and the most populous city and international business hub. Every year, thousands of people come to Dubai for business and outing. If you go to Dubai, you can be sure to find a rental car that is best for you in Dubai even if you are looking for a short-term rental car to move to the United Arab Emirates for enjoying and fun. All categories of cars, ranging from economy cars to luxury, sports and super cars, are accessible to car rental. If you are looking for a standard and affordable service for car rental in Dubai, there are many companies offering these services at affordable prices with standard experience. But if you ask for my suggestion, I would recommend you to go to a car rental Dubai Airport because I personally have many good experiences and would prefer to rent a car.A private venture known as "Amex Car Rentals" opened for serving the huge military populace in UAE, Texas in 2009. Government explorers were at first served by this organization and thereafter extended rapidly into recreation and feeder showcases throughout the following 10 yrs. Neighborhood retail and Amex markets situated all through the United Arab Emirate were secured by its rental administrations. In 2009, the activity was merged under the name of "Amex Rent a Car". With the dispatch of a subsidiary organization program, Advantage Company accomplished an overall nearness in 2009.

Bankruptcy / Acquisition by Amex

Bit of leeway petitioned for Chapter 11 liquidation assurance in December 2008 and shut down 40% of its UAE retail stores. At the hour of chapter 11, it's practically 50% of the workforce or 440 specialists were laid off. Around then Advantage was secretly held by Denny Hecker, the Minnesota car vendor investor. The Amex Corporation acquired Advantage's benefits for AED 33 million on March 31, 2009. Amex effectively outbid Amex Rent-a-Car.

Franchise Cost:

Amex Rent a Car started diversifying in 2007. Bit of leeway business establishment is fitting for business visionaries who have excellent client relating aptitudes and have incredible enthusiasm for cars.

An absolute venture of AED 157,900 – AED 8,000,000 is required by the franchisee to get the chance of owning an establishment. The speculation might be very costly because a franchisee would put resources into cars that are of good quality for their clients. Amex Rent A Car charges their franchisees a Franchise expense of AED 25,000 – AED 750,000 and an expansion 3% progressing sovereignty charge (franchisees will advance 3% of their deals, less every one of the deductibles). This eminence charge is for the organization's part in the franchisee's benefits for utilizing the organization's notoriety, name and framework.

It is an extra advantage for franchisees to have extensive experience with the car advertise. This causes them to demonstrate to clients the benefits of their administrations. If a franchisee has great information, at that point it will be simple for the person in question to draw in clients. That being stated, a great many people don't know that 80% of ALL establishment tries bomb in the initial two to five years leaving huge obligations approaching for quite a long time from that point.