FRANCHISE RESALES

Buy a Rent-A-Center Franchise

Rent-A-Center, founded in 1973 in Wichita, Kansas by Thomas Devlin and W. Frank Barton, is a leading rent-to-own company specializing in furniture, appliances, electronics, and computers. The brand originated from the rent-to-own concept pioneered in the 1960s by Ernie Talley, who recognized the need for affordable payment options for customers unable to purchase outright. Rent-A-Center operates company-owned stores, franchise locations, and Acceptance Now kiosks inside major retailers, offering flexible lease-to-own agreements that allow customers to rent merchandise with the option to own after completing payments. With over 2,200 stores across the U.S., Mexico, and Canada, Rent-A-Center serves customers seeking accessible, no-credit-needed options for household goods.

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Why buy a Rent-A-Center Franchise?

Investing in a Rent-A-Center franchise offers affiliation with a well-established, nationally recognized brand in a stable, recession-resistant industry. Franchisees gain access to a proven business model, multiple revenue streams including Acceptance Now kiosks, and extensive corporate support. The brand’s flexible lease-to-own options meet a consistent consumer need, providing franchisees with opportunities for steady cash flow and growth in the evolving retail finance market.

Rent-A-Center Franchise Costs & Information

  • Minimum Qualifications

    • Initial Franchise Fee

      $35,000

    • Initial Investment

      $349,675 - $701,165

  • Royalty

    • Royalty Fee

      5.50%

  • Training & Support

    • Ongoing on the job training

    • 14.5 hours classroom training

    • Ongoing support

    • Marketing support

Rent-A-Center – Additional  Information

  1. Franchisee Support

    Rent-A-Center supports its franchisees with comprehensive training, operational guidance, marketing resources, and site selection assistance. Franchisees benefit from the company’s established brand recognition, proprietary leasing systems, and ongoing corporate support. The franchising model includes access to Acceptance Now kiosks, expanding revenue streams through in-store lease-to-own offerings. Franchisees receive assistance with store setup, staff training, and customer service best practices to ensure consistent brand standards.

  2. Accolades & Awards

    Rent-A-Center is recognized as a pioneer and leader in the rent-to-own industry, celebrating its 50th anniversary in 2023 with nationwide campaigns. While specific awards are not prominently listed, the brand’s longevity, market leadership, and innovation in lease-to-own services underscore its strong reputation in the retail finance sector.

  3. Industry / Market

    The rent-to-own industry has evolved over five decades, driven by consumer demand for flexible payment options and access to essential household goods without credit barriers. Rent-A-Center’s expansion into kiosks and international markets like Mexico reflects ongoing growth opportunities. The industry remains resilient, catering to customers seeking affordable ownership alternatives amid fluctuating economic conditions.

  4. Ideal Owner

    The ideal Rent-A-Center franchisee is an entrepreneur with strong retail management skills and a commitment to customer service. Candidates should be prepared for hands-on involvement in store operations and compliance with brand standards. Experience in retail or finance is beneficial but not mandatory due to comprehensive training. Financially, franchisees must meet investment requirements and be capable of managing inventory and lease agreements effectively.

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