Rent-A-Center is an American public furniture and electronics rent-to-own company based in Plano, Texas.
The company was founded in 1980 and as of 2018, it operates approximately 2,316 company-owned stores in the United States, Canada, Puerto Rico and Mexico as well as 180 U.S. franchises.
Rent-A-Center has the franchise fee of up to $35,000, with total initial investment range of $355,392 - $565,190.
Financial Requirements for Rent-A-Center
Initial investments: $355,392 - $565,190
Net-worth Requirement: $750,000
Liquid Cash Requirement: $1,000,000
Initial Franchise Fee: $35,000
Ongoing Royalty Fee: 5.5%
Ad Royalty Fee: 3%
On-The-Job Training: 16 hours
Classroom Training: 16 hours
Number of Employees Required to Run: 4 - 6
Rent-A-Center Franchisee Testimonial:
Rent-A-Center Franchise Info: http://www.racfranchising.com
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