Rent-A-Center Franchise Opportunity
|Total Investment:||$355,268 - $560,225|
United States: AL, AK, AR, CA, CO, CT, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WY
Today, Rent-A-Center, one of the nation's largest operators in the rent-to-own space, operates nearly 2200 company-owned stores across 48 states, Puerto Rico and Mexico with another 250 franchised units. In 2018, Rent-A-Center, Inc. and its subsidiary Rent-A-Center Franchising International, Inc., embarked on a bold, new refranchising strategy. This new strategy calls for balancing the company's portfolio of stores by refranchising select markets to financially qualified entrepreneurs, professional franchise organizations or private equity groups in sets of 20 to 50 or more. This unique opportunity includes all store assets, accounts on rent, vehicles and store inventory.
Qualified applicants must meet minimum cash and net worth requirements and be willing to work within the framework of our franchise system. A typical sale would require 20-25% equity infusion on transactions from $8,000,000 to 50,000,000 depending on the store set size, location and cash flow performance.
Store acquisitions include all customer agreements currently on rent, store, and on-rent inventory, transfer of vehicles, access to all marketing, purchasing and training platforms and more. Store managers, District manager(s) and higher level operators may also be available for immediate hire by franchisees.
Why RAC Franchising?
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