Aaron's Franchise Opportunities
Aaron’s franchise focuses on leases and retail sales of electronics, furniture, appliances, and computers. Aaron's offers sales & lease ownership franchise opportunities to entrepreneurs who are willing to make their profit by selling goods of the highest quality from top brands. Owning an Aaron's sales & leasing franchise means using not only a well-recognized name but the experience of the franchise partners gained over the years. If you are interested in the investment information and recommendations on how to open one of Aaron’s franchises for sale, find the info about ongoing fees, franchise requirements as well as cost and profit totals here.
How to open a Aaron's franchise?
- Ensure you have adequate capitalization.
In order to open Aaron's sales & leasing franchise, you must have a net worth of more than $550,000.
- Appreciate the investment required for a sales & leasing franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become Aaron's franchise owner.
- Assess market availability.
You will want to look at the market availability for Aaron's franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by Aaron's franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Aaron's franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
How much does Aaron's franchise cost?
Aaron's has the franchise fee of up to $50,000, with a total initial investment range of $283,270 to $852,820.
Initial Investment: $283,270 - $852,820
Net-worth Requirement: $550,000
Liquid Cash Requirement: $450,000
Initial Franchise Fee: $15,000 - $50,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 2.5%
On-The-Job Training: ongoing
Classroom Training: 10 hours
Additional Training: At regional locations
Number of Employees Required to Run: 6 - 10
Aaron's website: https://www.aarons.com/
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