PacLease Franchise

Founded in 1961, PacLease is a leading commercial truck leasing franchise that started offering franchise opportunities in 1980. As a part of PACCAR Inc., PacLease is headquartered in Bellevue, Washington, and has a global presence with locations in the United States, Canada, Mexico, Europe, and Australia. The franchise offers customized leasing, rental, and maintenance services, catering to diverse customer needs with a fleet of reliable and specially designed trucks, including electric trucks for sustainable transportation solutions.

Why Choose PacLease?

PacLease stands out as one of the fastest-growing truck leasing companies, thanks to:

• A reputation for reliability and quality service supported by PACCAR Inc.
• A diverse range of services, including leasing, rental, and maintenance.
• A commitment to sustainability with the introduction of electric trucks.
• A comprehensive global network ensuring widespread coverage.

Initial Investment

Starting a PacLease franchise involves certain financial commitments, broken down as follows:

• Initial Franchise Fee: $4,000
• Service Work Deposit: $250
• Opening Vehicle Inventory: $80,000 – $150,000 per vehicle
• Additional Funds (3 months): $50,000 – $150,000

Total Initial Investment: $454,000 – $904,000

Ongoing Franchise Fees

Once your PacLease franchise is operational, there are ongoing fees to be aware of:

• Royalty Fee: 1% of lease, rental, insurance, and contract maintenance revenue, reducing to 0.5% and 0% as revenue thresholds are met.
• Marketing/Advertising Fee: Percentage-based contribution to marketing efforts.
• Technology Fee: Initial setup fee per vehicle and a monthly fee per vehicle.
• Lease or Rent Fee: $500 per month per franchise group, payable quarterly.
• Transfer Fees: $250 per year, pro-rated, for transferring units.
• Management Fees: Training course fees and other management expenses.

Steps to Owning a PacLease Franchise

Here’s how you can become a PacLease franchisee:

• Research and Understand: Investigate PacLease’s business model and market position.
• Review the Franchise Disclosure Document (FDD): Obtain and carefully review the FDD.
• Evaluate Financial Requirements: Assess initial investment and explore funding options.
• Choose a Suitable Location: Identify a strategic, high-visibility location.
• Complete Franchise Application: Fill out the application and submit required documents.
• Undergo Training: Attend PacLease's training programs.
• Set Up Operations: Equip your location and start marketing efforts.

Key Takeaways

• PacLease offers a robust business model backed by industry leader PACCAR Inc.
• Initial investment ranges from $454,000 to $904,000.
• Unique selling points include electric trucks and a commitment to reliability and quality service.
• Ongoing royalty, marketing, technology, and management fees are structured to support franchisees.
• Thorough steps to franchise ownership ensure a good fit and successful launch.

Interested in learning more about becoming a PacLease franchisee? Download the Franchise Disclosure Document or fill out the free information request form on this page to get started!