With the Local Appliance Rentals Franchise you will be running your own Rental Business providing low weekly payment options through consumer hire for most products imaginable. This is a franchise with sophisticated easy to use systems, proven marketing means and a thriving demand.
Local Appliance Rentals (LAR) are the obvious first choice experts in consumer hire, renting anything and everything from appliances, TVs, electronics, furniture, to gaming and bedding over 24 months. You name it, they rent it with small weekly affordable payments. Customer care is paramount. LAR want to build a long-term relationship with their customers.
10 years old with 150+ franchisees in only 5 years of franchising. The UK boasts 50+ franchisees operational in under 4 years with another 50 franchisees wanted in 2017!!
5 top performing UK franchisees have already achieved first year profits of £200k on an accrual basis. Many others are not too far behind.
LAR welcomes regulation in the sector because they are highly proactive towards responsible lending, affordability, caring for customers and remaining flexible towards customers always.
This is a high return franchise with expected earnings exceeding £300k from 500 customers after 2 years of growth. All this from a £50k - £100k investment which is spread as you grow in your first 12 months especially.
Earn a £25k salary in the first year and £50k in the second year until dividends kick in after 24 months. Why not look for a buyer at circa 3 times earnings after minimum 2 years or LAR can discuss potential buybacks at 2 times earnings once certain KPIs are in place after 2 years of established operation.
Minimal overheads, low staff numbers and huge demand in a proven unsaturated market.
LAR will tailor a business to the 100% owner/operator working from home as a ‘mobile operation’, to the passive investor wanting to utilise Head Office’s expertise for passive returns starting from £100k investment levels.
"LAR actually want and look forward to a long-term relationship with their customers” says multi-unit franchisee Byron Hill who is also Franchise Sale Manager for UK and Ireland.
Training & Support:
3 days online module training from your home is comprehensive and first of its kind on a global scale. Modules include:
Once operational, permanent genuine, ground level support is encouraged every day. The results speak for themselves with many franchisees owning 3-5 territories over time indicating the model is highly scalable.
LAR is looking for new energetic partners with an appetite for growth and success. Enquire today to reserve your territory as this franchise is moving exceptionally fast!
Local Appliance Rentals welcome all expressions of interest, so why wait?
This business really works and everything is in place to help a self starter build a successful business very quickly. Good support network and Franchisor readily accepts constructive feedback to further develop what is a great model. Great first mover advantage in this franchise. This is a genuine opportunity and a great alternative to the ‘rat race’.Carl Windsor - Platinum Territory owner - Scunthorpe
18th January 2017
Local Appliance Rentals Welcome New Franchisees for 2017