Rent - A - Center Franchise

Rent-to-own stores

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There's no better way to join the exciting and profitable rent-to-own industry than to franchise with Rent-A-Center. With over 4,100 locations in the United States and Mexico and over $3 billion in annual revenue, Rent-A-Center is the undisputed segment leader. We offer the resources unmatched in rent-to-own to support our franchisees. In addition to world-class marketing, training and operations support, Rent-A-Center franchisees benefit from in-house financing and a competitive royalty structure that decreases as you grow. Rent-A-Center Franchising is the nation's first franchisor of independently owned and operated rent-to-own stores, with over 35 years of franchising experience. Today, we are committed to creating value for our Franchisees by supporting them with superior systems, programs and processes every step of the way. Their successes are what drive our franchise model, one that is poised to continue its long, successful history. Veteran Incentives $5,000 off franchise fee#209 in Franchise 500 for 2020.#153 in Franchise 500 for 2021.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Rent - A - Center, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Rent - A - Center website.

How much does it cost to open a Rent - A - Center Franchise ?

The investment required to open a Rent - A - Center Franchise is between $355,268 - $560,225 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the Rent - A - Center name.

Individual Franchise Costs

  • Initial Investment:
    $355,268 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    5.50%
  • Advertising Fee:
    3%
  • Term of Agreement:
    5-10 years

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
On-The-Job Training: 73 hours Classroom Training: 36 hours

Support
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform

Marketing
Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing

Rent - A - Center Growth History

When did the first Rent - A - Center open? 1980
When did Rent - A - Center start Franchising ? 2013

Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming



How much does a Rent - A - Center Franchise owner make?

How much money you could make as a Rent - A - Center Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Rent - A - Center Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$35,000 - $560,225
Initial Franchise Fee
$35,000
Royalty Fee
5.50%
Advertising Fee
3%
Term of Agreement
5-10 years

Sister Companies

Rent - A - Center Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Rent - A - Center and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Rent - A - Center franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.