Retailer specializing in home furnishing, electronic and appliance leasing and sales
Aaron's Rents began franchising in 1992. The company is publicly traded on NASDAQ.
The investment required to open a Aaron's Sales & Lease Ownership Franchise is between $275,610-$707,400. There is an initial franchise fee of $50,000 which grants you the license to run a business under the Aaron's Sales & Lease Ownership name.
Aaron's Redesigns Miami Keystone Club For Boys & Girls
Aaron's, Inc., a rent to-possess retailer gaining practical experience in the deals and rent responsibility for, shopper hardware, home machines and embellishments, shocked youngsters last Friday with a recently redesigned Keystone Teen Center at the Hank Kline Boys and Girls Club of Miami. Thro...
Aaron's Board Of Directors Is Evaluating A $2.3 Billion Buyout Offer
Aaron's Inc., the home furnishings and electronics rent-to-own retail chain, said Friday its board of directors is evaluating a $2.3 billion buyout offer from a large investor. Vintage Capital Management, which holds a 10 percent stake in Aaron's, or 7.2 million shares, launched its fourth attemp...
Kelly Rentals Converts To Aaron Rents
Kelly Rentals, which operates 23 sales and leasing stores in North Carolina and Virginia, is converting its locations to franchised Aaron Rents stores, Atlanta-based Aaron Rents announced Monday. Because of some geographic overlaps with existing Aaron's stores, the agreement will involve several ...
Aaron Rents, Inc. Announces Franchise Transaction With Kelly Rentals; Awards Additional Franchise Territory
Aaron Rents, Inc. (NYSE: RNT), the nation's leader in sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances and accessories, today announced it has entered into an agreement with Kelly Rentals, Inc., operator of 23 Ke...
Major U.s. Franchise Eyes Rupert For Expansion
When Aaron's Sales and Lease, the 58th largest franchise chain in the world according to Entrepreneur Magazine, decided to undertake an aggressive expansion across Canada, it targeted Prince Rupert as one of the communities that it wanted to open up shop in as soon as possible. "There are sev...
Third Party Financing Source(s): SunTrust Bank
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Co-op advertising, Ad slicks, National media, Regional advertising
International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 6
Absentee ownership of franchise is allowed. (30% of current franchisees are owner/operators)
To calculate how much income a franchise owner can do at Aaron's Sales & Lease Ownership Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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