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Volvo Rents

Discover the productivity. Discover the comfort. Discover the bargain.

Business Type

Franchise

Initial Investment

$750,000

Total Investment

$3,500,000 to $8,200,000

Required Net Worth

$1,500,000

Number of Units

In Business Since

2001

Overview

Volvo Construction Equipment, one of the largest manufacturers of construction equipment in the world, began its franchise rental initiative in 2001. The initiative became an important part of a major new strategy for the distribution of Volvo's compact construction equipment.

Volvo Rents is building a worldwide system of franchised rental businesses. Franchisees are provided small to medium-sized construction equipment plus an extensive inventory of tools. Thus they are equipped for virtually every need in the commercial, industrial, and consumer/homeowner marketplace.

The primary objective of Volvo Construction Equipment Rents, Inc. is the development and growth of independently owned and operated franchise businesses in viable markets.

Products & Services

Volvo Rents a franchise opportunity from Franchise Genius

The equipment available for Volvo Rents franchisees includes the construction equipment products built by Volvo and the proven products of the world's most respected manufacturers of:

Compaction equipment
Trenchers
Power and air tools
Compressors
Finishing equipment
Aerial work platforms and booms
Industrial lift trucks
Generator sets
Pumps
Welders
Underground systems
Chain saws
Concrete finishing equipment
and many more

Training & Support

From the time you sign the Volvo Rents Franchise Agreement, training will play an important role in making your Volvo Rents franchise successful.

The training begins with your initial introduction and induction into the Volvo Rents Franchise System.

It is followed by on-the-job training at your franchise location. As your business grows, so will your specific expansion needs. Additional training programs may be available to assist you in preparing for each developmental stage.

Operations manuals and field support
Volvo Construction Equipment Rents has created a set of operational manuals that describe in detail every major facet of the Volvo Rents business. The manuals cover areas such as operations, finance, marketing, sales, V-Rents computer system, business management, and inventory management segments.

Each franchisee will have corporate office field service representatives available from start-up through each growth stage. These industry professionals have extensive experience in the industry and offer a wealth of knowledge.

The primary responsibilities of these operational representatives are to maximize the implementation of the Volvo Rents Franchise System. They are there to assist you in becoming productive and operable as soon as possible.

Sales literature and direct mail
Volvo Rents' marketing model relies on direct contact with the end customer. Extensive use of sales literature is the primary means of marketing.

We assist franchisees in acquiring sales literature, including product-line cards, direct mail and hand-out materials. The materials can be customized for each franchisee's market, including information that shows depth and breadth of equipment inventory, convenient locations, emergency service contacts and other contact information.

Why Volvo Construction Equipment Rents?

Contractors, who typically represent the largest segment of rental revenues, now rent four times the number of machines they rented as late as 1993. They cite the following as primary factors in their decision to rent, not own, equipment:

Fulfillment of seasonal needs
Avoiding the high cost of ownership
Using-or proving-new products before purchase as primary factors in their decision to rent, not own, equipment.

The rental of equipment to homeowners is a further, significant segment of this market, and it, too, has experienced growth.

Market demand for construction equipment is increasingly focused on small and mid-size machinery. In fact, this is the fastest growing segment of the construction equipment industry. It is no accident that Volvo Construction Equipment is a major provider in this category of construction equipment. This category includes compact wheel loaders, excavators, backhoes, and skid steer loaders.

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