Contacts

Sherry Bauer

SBRE - Sherry Bauer Real Estate

Property Details

Property Type Retail
Property Size 5,376 SF
Lot Size 1.88 Acre
Year Built 1948
Date Updated Apr 14, 2026

Discover the ideal location for a National Car Rental Franchise serving the Greater Erie market. With a strong tourism industry and a robust local customer base, the area offers a prime opportunity for sustainable growth. Located in Erie, PA, 16506, this bustling neighborhood is surrounded by key points of interest such as Presque Isle State Park, Waldameer Park & Water World, the Erie Zoo, and the International Airport. The proximity to major highways and the busy commercial district ensures high visibility and accessibility. Join the thriving retail community in this vibrant, promising location.Turnkey, profitable neighborhood Rent A Wreck franchise serving Greater Erie Pennsylvania near Erie International Airport on a 1.88 acre lot with a 5376 SF transferable leased building. Sale includes the business, operating assets (29+ vehicle fleet and equipment), and franchise right. The operation is well established with multiyear positive EBITDA and Cashflow, strong weekly and monthly demand from tourism, loyal locals, insurance and corporate accounts, with a trained and transferable team in place. Ancillary propane sales add a steady revenue stream, increase weekly foot traffic, and keep the brand top of mind. The fleet mix has shifted toward SUVs over the last three years, improving customer acceptance and daily yield, while an expanded propane program increases weekly foot traffic and brand visibility. Franchisor approval and training apply. Transition support is available. Contact broker for additional information or to schedule a confidential discussion.

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Highlights

29+ vehicles across diversified classes with SUV-heavy fleet mix developed over the last three years that supports higher acceptance and rate realization, notably from insurance, corporate, tourism, and local demand, reinforcing earnings resilience.
40+ years in the market with a healthy, repeat customer base and diversified demand channels reduces volatility and risk.
Clear growth potential by expanding corporate accounts and local relationships, optimizing fleet mix with dynamic pricing/yield tools, targeted digital funnel upgrades, and online conversion improvements layered on an already established demand base.
Established franchise brand systems for national reservations combined with proven local lead generation that smooths seasonality, maintains a healthy customer mix and referral source, and tactics that continue to deliver conversions and repeat business month over month.
Franchisor support, approval, and training, plus a transferable team and brand onboarding, enhance operational continuity for a new owner.
Full Financials and Fleet List are available only with a signed Confidentiality Agreement.
Multi-year positive EBITDA with consistent gross revenue growth, supporting a strong cash-flow or asset-based valuation.
National car-rental brand presence near the Greater Erie international airport enhances perceived quality and access to multiple demand sources while the highly visible location with consistent daily traffic and a transferable lease supports long-term stability.
Propane program added a sustainable revenue stream that not only increases weekly traffic but also delivers margin upside by focusing on new tank sales with a 24-slot display cage installed two years ago, driving higher turns and capturing return refills.
Strong online reputation and digital presence on key platforms, including a 4.9/5 Google rating and ranking 1–3 for priority searches, underpins pricing power and ongoing lead flow.