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Aaron's Sales & Lease Ownership

Retailer specializing in home furnishing, electronic and appliance leasing and sales
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Year began: 1955    Franchising since: 1992
Aaron’s Rents offers furnishings such as big screen televisions, couches and refrigerators for rental or purchase at its stores across the United States. 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. Today the company rents items for a few days or weeks, or sells items on 12- to 18-month terms.

Aaron’s Rents began franchising in 1992. The company is publicly traded on NASDAQ.

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

Phone: (678)402-3778
Fax: (678)402-3540

Franchisor is a publicly-held company with 0 employee(s); 35 employee(s) in franchise department.

Franchisee Association
Aarons Franchise Association
Contact: Jimmy Day, president, (210)824-0000

Franchise Growth
Year

2007
2006
2005
2004
U.S. Franchises
441
403
371
309
Canadian Franchises
7
6
5
2

Foreign Franchises
0
0
0
0
Company
Owned

828
763
748
686

Where Seeking Franchisees
Nationwide

Outside the U.S.: Canada

Exclusive territories available.
Territory size: 8,500 households with income less than $50K within 3 miles

Special Programs
Under the company’s ACORP program, Aaron’s locations donate funds to local and national charities and organizations. Aaron’s also supports Habitat for Humanity and the Make-A-Wish Foundation.

Last Updated: 9/5/2008 12:00:00 AM