Investment

The initial franchise fee will be between £7000 & £10,000, depending on the size and population of your town or city. Our ongoing system fee is 6% of your rental income. Our marketing fee is 2%. This contributes to Practical’s well optimised website and other advertising, online and nationally.

Dependant on size of your operation, the amount of further capital investment could be reduced if vehicles are leased from Practical. A smaller location, such as an add-on to an existing business, may require as little as £15,000 working capital, whilst free standing sites could require an investment from £50,000.

What comes with the package?

A Nationally recognised brand, with over 160 locations nationwide and in Northern Ireland, and a fleet of over 4000 vehicles.
A five year agreement to trade under Practical, with NO fee payable on renewal
A three day training course for you and two other members of staff
Ongoing support , with an experienced business development manager to assist in the growth of your franchise
A dedicated web page for car and van hire for your territory, with an on line booking facility
A bespoke computer software package, providing you with simple and meaningful management reports
Access to a competitive insurance package, where Practical underwrites the deposits and any minimum premiums
Access to Practical’s vehicle purchasing /leasing terms ; and advice on your initial fleet size and mix
Location signage, uniform, stationery, a business plan and everything required in order to start your rental business

Download our Franchise Brochure

Find out more about starting your own Practical franchise.