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Grand Rental Station

Rental

Please Note: The operators of Grand Rental Station, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Grand Rental Station website.

Start-up Costs & Franchises Fees

How much does it cost to open a Grand Rental Station Franchises?

Total Investment: $211,250-$281,250
Initial Franchise Fee: $11,250
Royalty Fee: 1.3% Min.$1200/Max.$7500/year
Advertising Fee: $130/month

How to contact Grand Rental Station

Franchise History

When did the first Grand Rental Station open? N/A
When did Grand Rental Station start Franching? N/A

Training & Support

Training
Our one-week training program offers a variety of courses that cover all aspects of the rental business. You will meet with other Members, share information, and gain valuable insight into the business. The classes are taught by instructors who have experience in the rental business. The training programs are held throughout the year at True Value�s Rental Training facility in Cary, Illinois.

The training covers vital topics, such as:
# Policy and Procedures
# Business Planning
# Rental Store Operations
# Personnel Management
# Rental Rates
# Advertising
# Purchasing
# Insurance and Risk Management
# Rental Marketing
# Rental Store Merchandising
# Equipment Information and Equipment Familiarization

Marketing
Every owner receives a professionally produced advertising package that is specifically designed to increase your business. The package includes: Full-color Circulars - The results of a national study of retail shopping habits show that of all advertising media, circulars are customers' biggest influence in determining where to shop.
# Newspaper Ads - An assortment of ad slicks designed in such a way that you can customize the ad with your local name.
# Ready-to-use Radio - You'll get two 60-second commercials designed to increase rentals. These spots can be tailored to your market by adding an advertising message and/or sale items.
# National Television Advertising - These professional-quality television ads are seen on a wide variety of networks including ESPN, The Learning Channel, The Weather Channel, Home & Garden TV and the DIY network. Our Year 2000 television schedule included over 375 spots.
# Local Television Advertising - You will be able to "piggy-back" on the National TV Advertising campaign by placing the commercial on your Local Cable Channel and tagging the end of the spot with your store�s name.
# Advertising Calendar and Planning Worksheet - Map out your entire year's advertising and promotional plan, with the help of our experienced Marketing Specialists.
# Collateral Pieces - Over 25 direct mail brochures covering various rental products are inventoried by us to help you promote various business segments.
# Sales Promotion - True Value Company-funded annual sweepstakes and special promotions are designed to increase store traffic and create store awareness.
# A 'Grand Opening' Kit and Marketing Manuals - Each new owner gets a 'Grand Opening' kit which includes banners, ribbons, balloons, giveaway items and a marketing manual designed to help you market your business more effectively.
# Yellow Pages - As an owner, you will receive an additional discount on display ads when placed through an authorized yellow pages agency. The agency will also help to design your ads and make recommendations for listings.
# Marketing Information - To help complete your marketing program, you will receive information on how to place media, how to work with outside advertising resources, and many other helpful suggestions to market your store.

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