Franchise FAQ

is sunbelt rentals a franchise

by Prof. Novella Cole Published 2 years ago Updated 1 year ago
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Sunbelt is itself a franchise – we license the use of the Sunbelt name and the Sunbelt system of business brokerage that we feel works. For certain buyers, a franchise is a good fit. Franchising is a method of being in business for yourself, but not by yourself.

Sunbelt Business Brokers was founded in 1979 by Ed Pendarvis in Charleston, South Carolina. After a successful first decade plus, the business began franchising in 1993.

Full Answer

What is Sunbelt Rentals Command Center?

Why is renting equipment the easiest part of your job?

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Is Sunbelt a franchise?

Sunbelt was founded by Ed Pendarvis in Charleston, SC in 1978 and began franchising in 1993. With locations around the globe, we are the largest business brokerage franchise.

Who is Sunbelt Rentals owned by?

Ashtead Group plcSunbelt Rentals, a wholly-owned subsidiary of Ashtead Group plc, is the second largest equipment rental company in the United States.

How many locations does Sunbelt Rentals have?

Sunbelt features the latest equipment rental technology, more than 900 locations throughout the U.S. and Canada for pick-up or delivery, 550,000 units in their rental fleet, over 15,000 employees, and a culture of safety.

What type of company is Sunbelt?

Sunbelt Controls is a leading full-service building automation contractor for new construction and retrofit projects in the Western United States.

What did Sunbelt Rentals used to be called?

Sunbelt Rentals, formerly known as A-Plant, is present in over 185 locations throughout the United Kingdom, and has the following divisions: A-Plant, Plant. A-Plant, Accommodation.

Is Sun Belt a private company?

Description. Sunbelt Rentals Exchange is a private company with an estimated 14,000 employees.

How much is Sunbelt Rentals worth?

Sunbelt Rentals's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Sunbelt Rentals. Their current valuation is $27.23B. United Rentals's brand is ranked #483 in the list of Global Top 1000 Brands, as rated by customers of United Rentals. Their current market cap is $20.35B.

Does Sun Belt make their own equipment?

Sunbelt does not manufacture the pumps or any of its rental equipment but instead sources it from what company officials deem to be the best manufacturers specific to each product category; units are then branded with the company's familiar green paint and logos.

Where is the Sun Belt located?

The Kinder Institute defines the Sun Belt as all areas in the continental U.S. below 36 degrees 30 minutes north latitude. The region comprises 15 states — Alabama, Arizona, Arkansas, California, Florida, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Texas.

When did Sunbelt Rentals start?

1983, Charlotte, NCSunbelt Rentals / FoundedSunbelt Rentals was cofounded by Thomas Smart in 1983 in Charlotte, North Carolina. The initial focus was heavy equipment for utility contractors. The rental offerings spanned from trench shoring to compaction equipment, all in the heyday of oil.

How many Sunbelts are there?

The Sun Belt comprises the southern tier of the United States, including the states of Alabama, Arizona, Florida, Georgia, Louisiana, Mississippi, New Mexico, South Carolina, Texas, roughly two-thirds of California (up to Greater Sacramento), and the southern parts of North Carolina, Nevada, and Utah.

How long has Sun Belt been in business?

Company History: Sunbelt Rentals was founded in 1983 in Charlotte, North Carolina as a small rental company for construction equipment.

Who did United Rentals buyout?

United Rentals acquired Neff Corporation, one of the largest equipment rental companies in the United States.

Who bought Action Rentals?

Our Track RecordAcquired CompanyHeadquartersBuyerAction TrailerHouston, TXGreat Western LeasingAmerican RentalAustin, TXBasic Rental ServiceAries, Inc.Mission, KSSteve & Shiela DietschThe Abbey Group- AtlantaAtlanta, GAWorldwide Rents116 more rows

Does Sun Belt make their own equipment?

Sunbelt does not manufacture the pumps or any of its rental equipment but instead sources it from what company officials deem to be the best manufacturers specific to each product category; units are then branded with the company's familiar green paint and logos.

Did Sunbelt Rentals buy action equipment?

On Oct. 22, 2021, Sunbelt U.S. acquired the business and assets of Action Rental Holdings LLC and Action Rentals Trench, Shoring & Supply LLC, a general tool business in Florida, Georgia and Louisiana; On Nov.

Sunbelt Rentals headquarters and office locations - Craft

Sunbelt Rentals Corporate Headquarters, Office Locations and Addresses | Craft.co

Sunbelt Rentals Inc - Company Profile and News - Bloomberg Markets

Company profile page for Sunbelt Rentals Inc including stock price, company news, press releases, executives, board members, and contact information

SUNBELT RENTALS Revenue, Growth & Competitor Profile - IncFact.com

Sunbelt Rentals's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Commercial & Industrial Machinery & Equipment Rental & Leasing industry.

Sunbelt Rentals, Inc. - EverybodyWiki Bios & Wiki

Sunbelt Rentals, Inc. is an American company based in Fort Mill, South Carolina that specializes in equipment rental services for industrial construction projects. Sunbelt Rentals is a subsidiary of Ashtead Group PLC (LSE: AHT) as of 1990.Ashtead operates its business through the following segments: Sunbelt Rentals and A-Plant. Sunbelt currently generates 85% of revenue for Ashtead.

Sunbelt Rentals, Inc. on LinkedIn: #NationalPizzaDay #Fleet #Delivery

Sunbelt Rentals, Inc.’s Post. Sunbelt Rentals, Inc. 2y Report this post Our fleet of trucks travels 148 million miles every year. That’s enough to make an around ...

What does a Sunbelt Business Brokers Franchise Cost?

You can become a Sunbelt Business Brokers franchisee for a minimum cash requirment of $50,000. The initial investment ranges from $43,450 to $104,000 and includes the initial franchise and marketing package fees, three months’ worth of additional startup expenses, inclusive of $15,000-$45,000 of “additional funds”. The additional funds you require may differ depending upon your personal expenses, standard of living and other sources of income.

How much does it cost to become a Sunbelt business broker?

You can become a Sunbelt Business Brokers franchisee for a minimum cash requirment of $50,000. The initial investment ranges from $43,450 to $104,000 and includes the initial franchise and marketing package fees, three months’ worth of additional startup expenses, inclusive of $15,000-$45,000 of “additional funds”. The additional funds you require may differ depending upon your personal expenses, standard of living and other sources of income.

About Us

We’re known worldwide as ‘the place to go, to buy or sell a business.’ And with the largest network of experienced brokers in the industry, we are likely in your backyard.

A Business Brokerage Franchise for Serious Deal Makers

Whether you’re a first-time entrepreneur, or an experienced business owner looking for a synergistic business opportunity, Sunbelt® is the clear choice if you intend to start your own business brokerage business.

Market Presence

We have the largest proprietary database of business listings and buyers in the world.

Internet Presence

We generate more monthly, organic website traffic than the franchised competition, combined.

Franchisee Profit Potential

For many offices, our flat fees are less than half those of the other business broker franchises (see Investment ).

What Does a Sunbelt Business Brokers Franchise Cost?

To buy a franchise with Sunbelt Business Brokers, you'll need to have at least $35,000 in liquid capital and a minimum net worth of $100,000. Franchisees can expect to make a total investment of $25,000 - $50,000. *

How much does a Sunbelt broker make?

The normal commission for a Sunbelt business broker is 10% of what the business actually sells for. Most Office Owners establish a minimum commission of $15,000; we estimate the average sales commission at approximately $40,000 and occasionally commissions from a single transaction may be in the range of $500,000 to $1,000,000. In addition to commissions they earn directly, Sunbelt Office Owners also earn a percentage (usually 50%) of the commissions earned by brokers working in their office.

What is Sunbelt network?

Our network allows you to share knowledge with some of the most seasoned and experienced business brokerage minds available. When followed, our proven Sunbelt system gives new franchisees an incredible advantage over those that choose to "go it alone." In addition, Sunbelt is always on the lookout for new sources of revenue for our office owners. We leverage the size of our network in areas such as the sale and resale of national retail and service franchises, private equity, business valuations and more. Our mission is to give our office owners the competitive edge by providing the best in training and support services.

What is an internet based sales and marketing system?

The system includes a database of at least 500 prospects per broker, form letters, telemarketing scripts and a hard mail/email "drip" marketing system featuring our quarterly, corporate newsletter and other special mailers. Collateral marketing materials including brochures, tri-folds and DVD's are distributed annually to Office Owners for marketing in their local markets.

Where is Sunbelt listing information posted?

All of your listing information, along with your office and broker information is automatically posted from our internet based, listing management system to your local office website; Sunbelt's corporate website; and many more internet portal sites. This automated posting process eliminates the time and cost associated with data entry into multiple platforms and, best of all, all basic account subscription fees are paid by the Sunbelt corporate office.

Why is corporate downsizing important?

In addition, corporate downsizing has created a large supply of ready, willing and able buyers who are looking to replace their incomes and gain greater control of their careers. For some, it is almost a necessity to buy a business rather than attempt to re-enter the workforce late in their career lifecycle.

Does Sunbelt offer turnkey services?

All Sunbelt Office Owners have access to our turnkey suite of technology offerings and services, all of which are provided at no incremental cost to you or your brokers. This suite of services includes:

How much does a Sunbelt Business Brokers franchise cost?

Sunbelt Business Brokers has a franchise fee of up to $35,000, with a total initial investment range of $43,450 to $104,000.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 120 franchised Sunbelt Business Brokers locations in the USA.

Do they offer Territory Rights?

Sunbelt Business Brokers offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.

When did they begin franchising?

They began franchising in 2005. The average Brokerage franchise began franchising in 2007.

What is Sunbelt Franchise Re-Sales?

Sunbelt Franchise Re-Sales is uniquely equipped to help owners value, market and sell their existing business. Click on the image above to learn how we earn our seller clients the absolute best in sales price and terms for their business!

What is the largest business brokerage network in the world?

Considering selling your business? You've come to the right place! Sunbelt Business Brokers is the LARGEST business brokerage network in the world.

How to contact Sunbelt franchise?

To contact Sunbelt Franchise Re-Sales, call toll free at 888-484-0332 OR fill out a contact form by clicking the icon below!

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Videos you watch may be added to the TV's watch history and influence TV recommendations. To avoid this, cancel and sign in to YouTube on your computer.

What is Sunbelt Rentals Command Center?

Sunbelt Rentals Command Center helps you manage your equipment rental needs any time from anywhere.

Why is renting equipment the easiest part of your job?

Renting great equipment will be the easiest part of your job because we promise Availability, Reliability, and Ease — in terms of both our people and our products.

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