Aaron's
#20

Initial Investment

LOW: $283,270
HIGH: $852,820

Change in Units

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

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Promoted Opportunities

Company Profile

Founded

1955

Franchising Since

1992 (24 Years)

Corporate Address

400 Galleria Pkwy. S.E., #300 Atlanta, GA 30339

CEO

John Robinson

Parent Company

Aaron's Inc

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

$283,270 - $852,820

Net-worth Requirement

$550,000

Liquid Cash Requirement

$450,000

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 in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: ongoing

Training at headquarters: 10 days

Additional Training: At regional locations

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

Marketing Support
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 6 - 10

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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: September 7th, 2016

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