Volvo Rents Eyes Dallas For Franchise Growth

May 09, 2008 // Franchising.com // - Volvo Rents is targeting the Dallas area for franchise expansion.

The company, which is a division of Asheville, N.C.-based Volvo Construction Equipment North America Inc. that offers franchise opportunities in the construction equipment rental business segment, said that construction spending in the Dallas market is projected to reach $10.4 billion in 2008.

While many parts of the country are suffering declines, InfoTech Marketing, a Colorado-based firm that specializes in analyzing the construction industry, said current projections show that the area will hold steady, with a compound annual growth rate of 6.17% through 2012.

Volvo Rents stores carry, in addition to Volvo construction equipment, a full line of equipment and tools for the construction, commercial, industrial and homeowner markets.

All Volvo Rents centers are independently owned and operated. The amount of financing for qualified applicants can be significant, averaging between $4 million and $5 million per store. Applicants generally need a liquid net worth of at least $750,000 per store to qualify for the financing.

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Quaker Steak & Lube®
Founded in 1974 in Sharon, PA, the award-winning casual dining restaurant chain has expanded over 55 locations throughout the United States and Canada
Scooter's Coffee
The success of the Scooter's Coffee franchise is based upon a commitment to quality products, fast and accurate service, and always delivering...
Denny's
Denny's is America's largest full-service family restaurant chain, consisting of 168 company-owned units and 1,692 franchised units, with operations...
Del Taco
Del Taco, one of the nation's largest Mexican quick-serve chains, first opened in 1964 serving up freshly prepared Mexican menu items such as tacos...
Perkins Restaurant & Bakery
In today's market, the opportunity to buy a PerkinsĀ® couldn't be better for experienced restaurateurs interested in aligning with a concept that has...
Share This Page

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.