Of course, you could opt to start with an existing car rental franchise. Or you could start your own car rental business. That way, you can tweak a proven money-making small business model into a setup that best fits your location and desired business size.
The Car Rental Industry in 20222
The global car rental market is booming. North America is the biggest player, with the US leading the way. Overall, the car rental company business was $92 billion in 2021, with the bulk of that ($57 billion) linked to tourism. The car rental business is predicted to reach $140 billion by 2027.
