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Wednesday, February 25, 2009
Because of some geographic overlaps with existing Aaron's stores, the agreement will involve several acquisitions and account mergers between Kelly's and several Aaron's franchisees. When the deals are completed, Kelly's will operate 15 Aaron's stores in Virginia and three in North Carolina. The owners of Kelly's also have an agreement to add three additional Aaron's Sales & Lease Ownership stores over the next several years.
"Last month marked the 25th anniversary of Kelly's operations and we are excited to have them bring their knowledge and expertise into the Aaron's system," said Ken Butler, COO of Aaron Rents, which has 1,557 company-owned and franchised stores. "It is apparent from this transaction that they also see great value in joining our well-established, highly successful franchise program."
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Aaron's Sales & Lease Ownership
400 Galleria Parkway SE, Suite 300
Atlanta,
GA
Phone: (800)551-6015
Fax: (678)402-3540