Payless Car Rental
Automotive · Auto Rental & Sales
- Active units
- 12
- Royalty
- 7.5%
Franchised, year-end 2023
of weekly Net Sales
About Payless Car Rental
Payless México is a leading car rental brand that provides affordable and convenient rental services in Mexico. With the aim of helping travelers save money on their car rental, Payless offers the best deals, rates, and a wide variety of fleet options. Customers can easily prepay online to take advantage of additional savings. Whether you are planning a leisure trip, a business trip, or need a car for any other purpose, Payless has got you covered. The brand offers comprehensive and affordable protection coverage options, ensuring maximum security and peace of mind throughout your rental period. Payless also caters to corporate clients with their Corporate Accounts program, offering exclusive benefits and efficient transportation solutions for businesses. With transparent pricing and no hidden charges, you can trust that the quoted price is the final price. Discover the convenience, affordability, and quality of service that Payless México has to offer for all your car rental needs.
Key terms
- Franchise fee
$30k
- Brand fund
0.0% of Net Sales
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2026.
Growth
- Total locations12
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR-4.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.1M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.