Frequently Asked Questions

How much time does it take to get first store opened?

Approximately 90-120 days form application approval. Manager selection and training, securing site location, applying for state dealer and rental/lease license and securing financing are the major issues in this time frame

How much capital do I need to get started?

20% of operating capital needed as established by your market. We'll help you establish the rest.

What the ideal location for a Premier Auto By Rent?

Near like customer traffic areas such as near Walmart, and other like businesses such as pay day loans, rent/own outlets, and buy-here pay here dealerships with good road frontage and traffic counts.

Where do I get my inventory?

We will give you extensive training on buying inventory form new vehicle dealers, auto auctions, and the private market.

How do I get started?

First you must request information packet that includes Franchise Agreement, FDD, and Area Development Agreement, sign receipt and study information. Next, you need to read the information and schedule a meeting with an Premier Auto By Rent representative, fill out the application and financial statement and we will notify you of approval in a few days.

Can you help me get financing?

Yes, we can help you build a complete business plan and assist you in obtaining the financing by using our experience as a successful franchisor.