Aaron’s, Inc. offers franchises for the operation of stores that lease and sell household furniture, electronics, computers and applian
Company Background
Aaron's Sales & Lease Ownership is the largest franchisor of rent-to-own stores in North America. Since 1955, we have helped more than 6 million families furnish their homes by providing quality furniture and appliances at a great value. At Aaron's, we put people first which means we go above and beyond to help our customers find the items they need and want while having an enjoyable shopping experience. Our team members take pride in making sure that every customer has a positive Aaron's experience from start to finish because it's all about you!
Franchise Opportunity
Finding the right furniture, electronics and appliances for your home is a challenge. You want to make sure you're getting the best quality at a fair price. We've all been there when we first moved into our homes or offices - it's hard to know what kind of furniture, electronics or appliances are going to work best for you. Aaron's offers high-quality products from top brands like Ashley Furniture, Sealy, Samsung Electronics and many more at affordable prices with flexible lease terms that can be paid in full up front or over time as well as financing options available on most purchases! Plus we have an incredible selection of home furnishings so whether you need living room furniture sets, bedroom sets or dining room sets - we've got something perfect for every space in your home! And if you need help deciding which items will suit your needs best don't worry because our friendly associates are always happy to give advice
Corporate Structure
Aaron’s, Inc. is a Georgia corporation, incorporated on March 28, 1962, with its principal place of business at 309 East Paces Ferry Road, N.E., Atlanta, Georgia 30305-2377. Aaron’s is one of the nation’s largest furniture lease and sales companies. Aaron’s leases and sells residential and office furniture, electronics, appliances and jewelry and currently operates 1,227 company owned showrooms in 48 states.
Investment and Franchisee Fees
The total investment necessary to begin operation of your first Aaron’s Sales & Lease Ownership® franchise ranges from $275,620-707,400. This includes $15,000 to $50,000 that must be paid to the franchisor.
Royalties and Marketing Fees
Royalties : 6.0% of revenue
Management Team
#
Name
Position
Distribution of Aaron's Franchisees
Aaron's Franchise System Development in 2016
Historical Aaron's System Growth
FAQ
How much investment do I need to start my own Aaron's business?
Franchisees typically require at least $283,270 to $852,975 investment to get their Aaron's business started
What are the initial franchise fees for Aaron's?
Franchisees typically need to pay at least $39,370 in fees directly to Aaron's in order to earn the right to launch their business
How much money can I make with a Aaron's franchise? What are
the average revenues for a typical Aaron's business?
We haven’t done the math on how much revenue a typical
Aaron's brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Aaron's to generate a similar amount
How long do I need to commit to running a Aaron's unit? What
is my contractual commitment?
Aaron's franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
3 /10
The Franchisor's investment costs ranges from
$156,330 to $233,450
which is
Much Higher
than the $0 to $0 average in the Decorating & Home Design industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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