28 Aug, 2017

Aaron Rent’s Franchise

The Aaron’s Rent’s franchise offers furnishings like couches, big screen televisions and refrigerators for both rental and purchase purposes in the stores located in United States. The business was established by R. Charles Loudermilk Sr. in 1955. He borrowed $500 to purchase folding chairs from an army excess store. They rented seats at the rate of 10 cents a day. At the moment, the company hires items for few days or weeks depending on the needs of the clients. On the other hand, the company can offer the items for sale on terms of 12-18 months term.

Aaron’s Rent Franchise is headquartered in Atlanta, Georgia. The franchise is no doubt the leader in sales and lease ownership. It specializes in retailing of both residential and office furniture, home appliances and accessories, and consumer electronics.

The goal Aaron’s Rent’s franchise is becoming an ultimate market leader in the franchising business. Franchising opportunities of the business started in 1992. Since then, the franchisees are given a time tested business model designed to deliver success.

The minimum amount of liquid capital required to initiate the business is $300,000. The least net worth of the company is $450,000. Franchising fees is determined by the location of the business. It can range anywhere from $15,000 to $50,000. In general, you will require capital ranging from $233,700 to 602,980 to start the franchise. The franchisers do not provide financial assistance hence investors should gather adequate capital on their own before getting into the business.

The successful investors of the company are from diverse background. As long as you hold the basic business running ideas, you are qualified to get into the business. Franchisers take you through rigorous training aimed at helping you take over the business. The strategies that are used in running the business are skills that have been invented from sound principles and dedication from savvy people in running renting businesses. There is no home based business opportunity available although the office can be located at home.

This organization is a leader in the renting franchise and is ever coming up with new techniques to ensure that they retain the leading market position in the business niche. Effective advertising of the business is carried to ensure that the franchisees will be capable of developing their businesses fast despite the stiff completion in the market.

Besides, the franchisees are given all the rights to use logos, brand names and the website of the company. A 24/7 helpline is also provided to ensure that clients get unlimited assistance.

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