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Below is an in-depth analysis and side-by-side comparison of Egismoz vs Rent - A - Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,750,000 | $355,268 - $560,225 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | 4% | 5.5% |
Advertising Fee | - | 3% |
Year Founded | 2005 | 1980 |
Year Franchised | 2006 | 2013 |
Term Of Agreement | 10 years | 5-10 years |
Term Of Agreement | 10 years | 5-10 years |
Renewal Fee | $5K or 33% of current fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | * Available at headquarters: 7-10 days * At franchisee's location: 2-3 days | On-The-Job Training: 73 hours Classroom Training: 36 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | No |
International Expansion | - | Yes |
NO LONGER FRANCHISING
There's no better way to join the exciting and profitable rent-to-own industry than to franchise with Rent-A-Center. With over 4,100 locations in the United States and Mexico and over $3 billion in annual revenue, Rent-A-Center is the undisputed segment leader.
We offer the resources unmatched in rent-to-own to support our franchisees. In addition to world-class marketing, training and operations support, Rent-A-Center franchisees benefit from in-house financing and a competitive royalty structure that decreases as you grow.
Rent-A-Center Franchising is the nation's first franchisor of independently owned and operated rent-to-own stores, with over 35 years of franchising experience. Today, we are committed to creating value for our Franchisees by supporting them with superior systems, programs and processes every step of the way. Their successes are what drive our franchise model, one that is poised to continue its long, successful history.