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Rent-A-Center

Franchise

Rent-A-Center was one of the first shops that gave customers the chance to rent and buy products at the same time. It seems like every time you step inside the doors, you'll find something new to add to your household. In addition to furniture for the bedroom, kitchen and living room, you can also find electronics, washing machines and other home appliances. With over $3 billion in annual revenue, this chain has a proven track record of success.

Facts & Figures

Investment
$355,400 - $582,190
Franchise fee
$35,000
Units in operation
3,000

Overview

Rent-A-Center prides itself on giving customers a more affordable way to purchase new things for their homes. In recent years, the company expanded into smartphones and other types of hand-held electronics, including tablets and video game systems. Rent-A-Center believes in giving back to the community through various charitable acts, including donations to soup kitchens and encouraging employees to dedicate their time to other organizations. The chain also offers special pricing on certain items and lets customers make small payments to rent items or towards buying those same items.

History of Rent-A-Center

The first Rent-A-Center opened more than three decades ago as one of the only shops that let customers finance items for their homes. There are now more than 3,000 shops in the chain across the country, including one in every state. Those stores report earnings of more than $3 billion every year, and this figure has grown every year since the first store opened. Rent-A-Center gives its franchise owners a high level of training and support.

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