OWINGS MILLS, Md. –- Rent-A-Wreck of America announced it has partnered with Sunbelt Business Advisors, a major business brokerage network, to assist franchisees in developing succession plans and exit strategies in preparation for retirement.

Sunbelt, founded in 1979, boasts more than 300 locations worldwide. The network specializes in matching business buyers with sellers using agents and online resources. Rent-A-Wreck is the first car rental company to partner with Sunbelt.

"As an industry, I feel that franchisors like ourselves tend to leave too much of the business succession plan to chance and circumstance," explained Rent-A-Wreck President Ken Blum II. "Our franchisees will be able to turn to Sunbelt for experienced assistance in planning their exit strategy and selling their business. It's a win/win for our franchisee, for us and for our customers when there is a smooth transition of ownership."