Renters Warehouse USA LLC

Renters Warehouse USA LLC

Property management
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$44K - $107K
Units as of 2015
29 383.3% over 3 years

Company Overview

About Renters Warehouse USA LLC

Founded
2007
Parent Company
Renters Warehouse
Leadership
Brenton Hayden, Founder and CEO

Franchising Overview

Franchising Since
2011 (11 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees worldwide.

# of Units
29 (as of 2015)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
4950 78th St. W.
Minnetonka, MN 55345

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Renters Warehouse USA LLC franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$20,000 - $40,000
Initial Investment
$43,510 - $106,785
Net Worth Requirement
$105,000
Cash Requirement
$105,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
4.5%
Term of Agreement
7 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Renters Warehouse USA LLC offers in-house financing to cover the following: franchise fee, startup costs
Third Party Financing
Renters Warehouse USA LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
5 days
Classroom Training
5 days
Ongoing Support
Purchasing Co-ops
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2-3
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021