Aaron's Sales and Lease Ownership is a unique retail business that both leases and sells products such as electronics, furniture and appliances. Serving millions of customers who are without credit or who prefer leasing to outright buying  Aaron's offers customers items at prices comparable to those of traditional retailers, as well as benefits such as no-cost repair services, no credit checks and no debt obligation.

Aaron's provides customers with the win-win choice between buying and leasing a quality product at a reasonable price. Aaron's occupies a unique niche in the marketplace with a large customer base. Over 30% of the 96 million households in the United States match the profile of the average leasing customer, which feeds the country's most consistently growing market -- the consumer durable goods leasing market.

 

Investment Required
The fee for an Aaron's franchise is $50,000.

Aaron's provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

 

On-Going Expenses
Aaron's franchisees pay royalties equal to 6% of gross revenue; advertising production fees equal to the lesser of two amounts, 0.5% of gross revenue or $3,750 per year; and regional media fees equal to the lesser of two amounts, 2% or $15,000 per year. Additional fees payable by the franchisee include advertising agency funding and consulting services.

What You Get: Training and Support
Aaron's University, a series of in-depth training sessions held in a different city every week. Franchise principals are required to attend one session per month, and they must finish at least three before opening their Aaron's locations. Trainers monitor progress and give exams to ensure proficiency.

New franchisees will be instructed in a variety of topics, including: personnel selection and training, store design, computer software operation, promotional programs, lease negotiation, inventory management, product marketing and customized management resources such as Aaron's Customer Tracking System.

Franchisees are trained on-the-job by Aaron's Franchise Field Consultants, who are dedicated to facilitating the process of opening and running your business. After a store is open, the consultant will act as a personal liaison with Aaron's Franchise Support Center. Additional franchisee benefits include advanced training seminars, a technical support line, inventory financing assistance and an in-house advertising agency for the Aaron's brand.

Territory
Aaron's grants exclusive territories.