Sixt Enters into Franchise Agreement with principal of Hollywood Kia

FT. LAUDERDALE, Fla. - June 18, 2013 // PRNewswire // - Sixt AG and its U.S. Franchise Unit announced today the signing of multiple Franchise Agreements with the dealer principal of Hollywood Kia. This agreement for locations in Fort Pierce, Hollywood, and Sunny Isles, Florida is part of Sixt's initiative to expand its franchise network into the U.S. as part of its effort to further internationalize the group's business.

"Sixt is excited to enter into a franchise relationship with Hollywood Kia's ownership for these important Florida locations," commented Craig A. Olson, Vice President of North America Franchise Development for Sixt Franchise USA, LLC. "Partnering with local car dealer principals like Hollywood Kia is a great way to strengthen Sixt's position in the local car rental market. There are many synergies between the car rental and car dealership businesses. We're confident that the Hollywood Kia group's solid foundation and history of great customer service will benefit our customers. This agreement facilitates Sixt's expansion into the local market and grows our franchise network. We expect this relationship to grow to include additional Florida franchise locations in the future."

"Adding car rental to our business model makes a lot of sense for us," commented Joe Levy, Hollywood Kia's Dealer Principal. "Our customers have a need for rental cars and now we can provide them through our own Sixt rent a car franchise. We're diversifying our business and will also leverage our expertise in buying and selling cars to benefit both the rental and dealership operations. We'll also be offering Sixt luxury cars and Sixt rent a truck."

The Sixt franchise system is a proven international success, with more than 80 master franchisees operating from roughly 1,000 worldwide locations. In the U.S., Sixt operates corporate branches in Miami, Ft. Lauderdale, West Palm Beach, Orlando, Atlanta, Phoenix, and Seattle (www.sixt.com). Sixt's first U.S. franchise location opened in Tampa in March, and additional franchise locations will be opening in Charlotte, Jacksonville, and Las Vegas, amongst others. Sixt plans to further expand in the U.S. with a step–by-step, measured approach of corporate expansion along with the addition of growth oriented local franchisees.

Sixt is Germany's leading mobility service provider. Throughout Europe and internationally, Sixt is expanding with great success. U.S., Canada and Caribbean franchise expansion fits in with Sixt's long term strategy to cover all aspects of mobility by supplying innovative, universally useful, and top-quality services.

Sixt Franchise Information

Those interested in Sixt Franchise Opportunities can visit sixt-franchise.com and/or contact Craig Olson, VP North America Franchise Development at 954-874-1786 or craig.olson@sixt.com[1].

About Sixt

Sixt AG, with its registered office in Pullach, near Munich, is an international provider of integrated mobility services. Founded in 1912, the company, together with its franchisees and partners, is represented in more than 100 countries. Sixt is the market leader for car rentals in Germany and Austria and one of the biggest OEM-manufacturer-independent full-service leasing providers. The Sixt Group generated a turnover of 1.6 billion euro in 2012 and employs around 3000 people worldwide (excluding franchisees).

[1] Sixt offers franchises solely by means of a Franchise Disclosure Document. Certain states have laws governing the offer and sale of franchises. If you are a resident of one of these states or foreign countries, Sixt will not offer franchises to residents of those states before complying with all applicable legal requirements in those jurisdictions.

SOURCE Sixt Franchise USA, LLC

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