We offer franchises for rental stores operated under the True Value Rental brand that primarily rent tools, party supplies, machines and other products.
Company Background
Since its founding in 1995, True Value Rental has been a leading provider of rent-to-own tools, party supplies and other products. Through the company's patented "Buy Now - Rent Later" business model, customers can purchase what they need for an affordable monthly payment with no long-term commitment. As a member of the Sears Holdings Corporation family of businesses, we are committed to helping our customers live their lives better by making life easier at home and on the job.
Franchise Opportunity
Renting is a great way to get the equipment you need for your project without paying for it up front. The problem with renting is that there are so many options out there, and finding a reliable source can be difficult. It can also be expensive if you don't know what you're doing. True Value Rental offers competitive prices on all of their products, as well as free delivery and setup on most orders. They have been in business since 1925, which means they've seen just about everything when it comes to home improvement projects. Their extensive knowledge base provides customers with plenty of information about tools and how to use them properly. This translates into more time saved by knowing exactly what you need before heading out to rent or buy anything at all!
Corporate Structure
We were organized in Delaware on April 24, 1997 as TruServ Specialty Company, LLC and changed our name to True Value Specialty Company, LLC as of March 18, 2005. Our principal business address is 8600 W. Bryn Mawr Avenue, Chicago, Illinois 60631. We do business as True Value Specialty Company, LLC and do not intend to do business under any other name. We are a limited liability company. We do not have any predecessors required to be disclosed in this disclosure document. We are a wholly owned subsidiary of True Value Company, L.L.C. a Delaware limited liability company ('True Value'), which is a wholly owned subsidiary of TV Holdco, L.L.C., a Delaware limited liability company ('TVH'), which is a wholly owned subsidiary of ACON Investments, L.L.C. ('ACON'). Neither True Value, TVH, nor ACON have ever operated a rental business nor have they offered franchises in any line of business. True Value's principal business address is the same as ours. True Value is a wholesale distributor of hardware, lumber and building materials, and related merchandise for retail businesses. True Value may provide products and services to you. True Value has absolutely and unconditionally guaranteed all of our obligations under the Franchise Agreement. TVH's principal business address is the same as our address. ACON's principal business address is 1133 Connecticut Avenue, NW, Suite 700 Washington DC 20036. Our agents for service of process are disclosed in Exhibit B.
Royalties and Marketing Fees
Royalties : 1.5%-3% of Gross Rental Receipts subject to minimum and maximum amounts as described
Royalties : $30 per month
Earnings Transparency
1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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Investment
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Distribution of True Value Rental Franchisees
True Value Rental Franchise System Development in 2021
FAQ
How much investment do I need to start my own True Value Rental business?
Franchisees typically require at least $543 to $981 investment to get their True Value Rental business started
What are the initial franchise fees for True Value Rental ?
Franchisees typically need to pay at least $402 in fees directly to True Value Rental in order to earn the right to launch their business
How much money can I make with a True Value Rental franchise? What are
the average revenues for a typical True Value Rental business?
We haven’t done the math on how much revenue a typical
True Value Rental brings in each year. We estimate that other
franchisees in the Retail industry generate
$1,203,797 revenue, so we would expect
True Value Rental to generate a similar amount
How long do I need to commit to running a True Value Rental unit? What
is my contractual commitment?
True Value Rental franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
1 /10
The Franchisor's investment costs ranges from
$543,200 to $981,500
which is
Much Higher
than the $0 to $0 average in the Retail Stores 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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