Aaron's Franchise Opportunity

Aaron's Inc. specializes in leasing and selling household furniture, electronics, computers, and appliances.
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Aaron's Opportunity Description

Aaron's Inc. specializes in leasing and selling household furniture, electronics, computers, and appliances. The FDD details various aspects of starting and operating an Aaron's Sales & Lease Ownership® franchise. Key points from the document include:

Investment Information

  • Initial Investment Range: $283,270 to $852,975
  • Initial Fees: $39,370 to $85,375 (payable to the franchisor and affiliates)

Business Model

  • Operations: Franchises lease and sell products primarily to customers who prefer payment plans over outright purchases.
  • Store Locations: Typically located in moderate-income neighborhoods, either in free-standing buildings or strip shopping centers.
  • Franchise History: Aaron's began experimenting with the lease purchase business model in 1983 and started franchising in 1992.

Unique Selling Points

  • Brand Recognition: Aaron's is one of the nation's largest furniture lease and sales companies.
  • Diverse Product Range: Offers residential and office furniture, consumer electronics, home appliances, and accessories.
  • Flexible Payment Options: Weekly, semi-monthly, or monthly payment plans, with the option for customers to own the products after a specified term.
  • Support and Training: Franchisees receive support in technology, management, inventory control, advertising, and other operational aspects.

Key Takeaways

  • Comprehensive Support: Aaron's Inc. provides extensive training and operational support to franchisees.
  • Established Market Presence: Long-standing brand with a significant number of company-owned and franchised stores.
  • Investment Flexibility: The total investment required can vary significantly, providing options for different levels of capital availability.

Aaron's Franchise Disclosure Documents

Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for download after entering your name, phone, and email address.

The Most Recent FDD for Aaron's is From 2019.
Previous Franchise Disclosure Document Versions:

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Aaron's is listed in the franchise directory under the Retail category. Browsing by investment, Aaron's can be found in Franchises for sale requiring $250k to $500k in liquid cash.