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Updated RecentlyAaron's Sales & Lease Ownership vs Mr Rental Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Aaron's Sales & Lease Ownership vs Mr Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $283,270 - $852,975 | N/A |
| Franchise Fee | $50,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1955 | - |
| Year Franchised | 1992 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
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) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Aaron's Sales & Lease Ownership
Aaron's Rents offers furnishings such as big screen televisions, couches and refrigerators for rental or purchase at its stores across the United States. R. Charles Loudermilk Sr. began the business in 1955, renting folding chairs he had purchased from an army surplus store for 10 cents a day. Today the company rents items for a few days or weeks, or sells items on 12- to 18-month terms.
Aaron's Rents began franchising in 1992. The company is publicly traded on NASDAQ.
About Mr Rental
There has never been a more exciting time to become part of the Mr Rental franchise group. Mr Rental continually strives to provide the best possible marketing, product offer, administration, training and operational systems through the synergy of its team, to ensure the profitable operation of the franchises.
The Mr Rental brand is one that Australians and New Zealanders have come to trust and rely upon for their entire rental needs. Famous for its friendly Mr Rental cartoon character and eye-catching blue signage and delivery trucks, the company prides itself on making the customer experience easy and enjoyable.
Strong training models and established systems ensure Mr Rental franchisees are equipped with the necessary skills to achieve. Mr Rental empowers people to grow personally and professionally, ensuring Mr Rental franchises are some of the most successful in the industry.