Aaron's
#20

Initial Investment

LOW: $275,670
HIGH: $782,580

Change in Units

-2.8% -58 UNITS (1 Year)
-0.8% -17 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1955

Franchising Since

1992 (24 Years)

Corporate Address

309 E. Paces Ferry Rd. Atlanta, GA 30305-2377

CEO

John Robinson

Ticker Symbol

About Aaron's

Aaron's offers furnishings such as big screen televisions, couches and refrigerators for rental or purchase at its stores across North America. R. Charles Loudermilk Sr. began the business in 1955, renting folding chairs he had purchased from an army surplus store for 10 cents a day. Aaron's Rents began franchising in 1992.

Financials

Financial Requirements

Initial Investment

$275,670 - $782,580

Net-worth Requirement

$500,000

Liquid Cash Requirement

$350,000

Ongoing Fees

Initial Franchise Fee

$15,000 - $50,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2.5%

Financing Options

Aaron's has relationships with third-party sources which offer financing to cover the following: 
inventory

Franchise 500® Rank History

Highest Rank: 15

Lowest Rank: 58

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training Onsite: less than 30 days

Training at headquarters: 3 days

Additional Training: At regional locations

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 6 - 10

Related Franchises

Related Articles

How This Second-Generation Franchisee Is Doing Things Her Way

How This Second-Generation Franchisee Is Doing Things Her Way

Alex Chambers began her UPS career working in her father's store, but now she's in charge.
Carly Okyle
Taco Bell's New Mystery Item: What Could It Be?

Taco Bell's New Mystery Item: What Could It Be?

As speculation grows ahead of the chain's Super Bowl reveal, here are a few possibilities of what it might be.
Lindsay Friedman
Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

As the industry's biggest day of the year, franchises are bringing their 'A' game.
Lindsay Friedman
This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

Government prosecutor April Porter had seen more than enough horrific sex offenses and homicides. She decided to walk away.
Entrepreneur Staff
Robotics: The new Frontier of Technology Entrepreneurship

Robotics: The new Frontier of Technology Entrepreneurship

With robots taking over in virtually every field, Indian entrepreneurs need to enter the market - and fast!
Rustam Singh

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 14th, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012