Aaron's Sales & Lease Ownership
Aaron's Sales & Lease Ownership
309 E. Paces Ferry Rd., N. E.
Atlanta, GA 30305-2377
800#: (800) 551-6015
Tel: (678) 402-3445
Fax: (678) 402-3540
E-Mail: [email protected]
Web Site: www.aaronsfranchise.com
Contact: Mr. Jim Thrash, Director of Franchising
AARON'S SALES & LEASE OWNERSHIP is one of the fastest-growing retail companies in the U.S., specializing in furniture, electronics and appliances. AARON'S SALES & LEASE OWNERSHIP offers franchisees the expertise, advantages and support of a well-established company, plus the opportunity to realize a significant financial return in a booming market segment.
Franchisor Background
Established: 1955
First Franchise: 1992
Franchise Units: 383
Company-Owned Units: 766
Total Units: 1,149
Distribution:
U.S. -- 1144;
Canada -- 5;
International -- 0
-North America -- Operations in 47 States
-States/Provinces with Greatest Density: TX, FL, GA
Projected New Units Over Next 12 months: 80
Franchisee Qualifications: 5, 5, 1, 4, 5, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,HI,IL,IN,MI,NY,ND,OR,RI,SD,VA,WA,WI (Click here for an explanation)
Average Number of Employees: 6 FT (FT = Full Time, PT = Part Time)
Space Needs: 8,000 SF; SC
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $300K
Total Investment: $254-559K
Average Total Investment: $406.5K
Minimum Net Worth: $450K
Fees:
-Franchise: $50K
-Average Franchise Fee: $50.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2.5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 3,500
On-Going Support: A,B,C,D,E,F,H,I (Click here for an explanation)
Training: 3 Weeks Corporate Headquarters; 2 Weeks Minimum On-Site; On-Going Varies.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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