Zipcar currently generates 12% of its revenues from membership fees and 88% from usage revenue. Fee revenue is a highly profitable source of income for the firm that has high gross margins at over 90%. In the coming years, Zipcar expects fee revenues to contribute over 17% of total revenues.

Is Zipcar going out of business?

TypeSubsidiaryHeadquartersBoston, Massachusetts

How much did Zipcar sell for?

Zipcar, once valued at $1.2 billion, sells to Avis for $500 million.