Aaron's Sales & Lease Ownership - Franchise
Aaron's Sales & Lease Ownership offers an incredible franchise opportunity serving an under-supplied and growing market.
Requirements
Financial requirements for this franchise:
Liquid Capital: | $350,000 What does Liquid Capital mean? |
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Net Worth: | $450,000 What does Net Worth mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | $8000 off Franchise Fee |
Franchisor Details
Facts about this franchise:
Total Units: | 1144 |
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Franchising Since: | 1992 |
What Does an Aaron's Sales & Lease Ownership Franchise Cost?
To buy a franchise with Aaron's Sales & Lease Ownership, you'll need to have at least liquid capital of $350,000 and a minimum net worth of $450,000. They also offer financing via 3rd party as well as a discount for veterans ($8000 off Franchise Fee). *
Aaron's Sales & Lease Ownership Franchise Information:
Three More Reasons To Invest In AARON'S.
1) Return On Your Investment.
How much money can you make? Do The Math.
Compare your ROI as an AARON'S owner to any other franchise.
Top Performer Average Total Revenue per store $2,019,535*
Top Performer Average pre-tax Cash-Flow per store. per store $371,527*
If you're investigating another franchise system, ask to see their Earnings Claim, their "numbers." Don't risk your money and your future on a franchise that isn't forthcoming about the dollars, any litigation, and their franchisee satisfaction.
95% of our franchisees are multi-unit owners, one with 70 stores. Why? Because our owners make money the new-fashioned way: AARON'S has reinvented how a growing and underserved, mainstream market acquires necessities like quality furniture, name-brand appliances, high-tech electronics, and state-of-the-art computers.
We give our customers three reasons to shop at AARON'S: 1) everyone is pre-approved; 2) every product comes with a low-price guarantee; and, 3) everyone can own their merchandise in as little as 12 months.
Attend an AARON'S DISCOVERY DAY and we'll show you how you will make Money. Be Successful. And, Live Life on your terms.
2) Return On The Brand.
Ours is the classic American Dream story. It all started in 1955 when founder and now chairmen and CEO, Charlie Loudermilk, began renting chairs for 10 cents a day to auction houses.
It was gritty, hard work. But, it instilled a winning, competitive culture that today has earned a worldwide reputation for integrity, determination and corporate goodwill.
Our competitive spirit and envied reputation are evident in our "Drive Dreams Home" sponsorship of NASCAR championship racing, and as title sponsor of the "Aaron's 312" Nationwide series race and the "Aaron's 499" Sprint Cup race. We're building a brand and we're giving back to the communities we serve.
Our owners receive the most professional and unrivaled, on-going support that you'll find in the industry. From pre-opening assistance, detailed training programs, traffic-generating marketing initiatives, inventory financing, to volume purchasing and proprietary management information systems, we know of NO OTHER franchisor that provides the breadth and depth of support like AARON'S.
AARON'S has 12 manufacturing plants and 17 Fulfillment Centers delivering high-quality products to our showrooms throughout the United States and Canada. As an AARON'S owner, you'll be PROUD to feature the best products at best prices in our customer-friendly showrooms. Meet Todd Wilkins: Husband, Father, CPA, Entrepreneur, and AARON¡¦S Franchise Owner.
"When I took a look at AARON'S I turned their system, their Earnings Claim, and their stores upside down. Like a good CPA, I compared their ROI to every other business and franchise I could find and there was no comparison. Then I talked to their corporate execs, shopped their stores, and visited with their franchisees. AARON'S was different, better and for me.
AARON'S offered the business opportunity that will give me the financial security and the lifestyle rewards that I want for my family."
3) Return On Your Effort.
As an AARON'S franchisee you will own an ASSET. You can work the business or set it up as a manager-run operation. That¡¦s because we have the computer systems and the field support that allow you to be in real-time control of your investment--no matter where you live or travel.
And, AARON'S showrooms run like clockwork:
- Our typical hours are Monday-Friday 10-7PM, and Saturday 9-5PM.
- It only requires as few a six and as many as 12 employees--depending on the size of the showroom--to operate an AARON'S franchise.
Why invest in a restaurant or other risking business, when we deliver the results?
Attend an AARON'S DISCOVERY DAY and you'll learn why AARON'S is ranked as one of the top retailers in the U.S. and one of the "World's Best Franchises."
To qualify, a candidate must have a minimum net worth of $450,000 dollars of which $350,000 dollars is in readily accessible cash and savings, or available through a bank line of credit.
*The above averages are based upon the actual results of the top 15% (revenue) of Aaron's company-owned stores operating for the year ending December 31, 2007 as published in our 2008 Uniform Franchise Disclosure Document. Of these 80 stores, 29 (36.35%) had a higher average total revenue, 33 (41.3%) stores had higher than average pre-tax flows and 16 (20%) had higher than average revenue and pre-tax cash flows. This 80 store subgroup is part of 531 store company store population open at least 2 full years on January 1, 2007 for which financial date is included in our 2008 Uniform Franchise Disclosure Document. For the 531 stores, the average total revenue per store was $1,323,523 and 243 (45.8%) of those stores maintained a higher than group average. The same 531 store sample has an average pre-tax cash flow of $173,247 per store and 243 (45.8%) of those stores maintained a higher than group average.
See Item 19 of our 2008 Uniform Franchise Disclosure Document for additional information about financial performance of our stores. Similar financial data on franchise store financial performance is not available from us. Caution: These figures are only estimates. There is no assurance that you will do as well. If you rely upon our figures, you must accept the risk of not doing as well.
Availability
Aaron's Sales & Lease Ownership is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming and Canada
Interested parties should have at least $350,000 in liquid capital to invest.
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