Multi-Unit Franchisee Magazine 2013 Buyer's Guide - Page 33

RETAIL & SERVICES MULTI-UNIT Buyer’s Guide Fast Franchise Facts Franchising Since: 1982, founded 1979 RENT TO OWN Furniture Appliances Electronics Demographics Credit-strapped consumers who lack traditional financing. We seek pockets in markets with median household incomes between $30,000 - $50,000. Qualifications Looking for potential investors interested in multi-unit agreements with plans to continue to grow with the brand: • No industry experience required • $100,000 liquid assets • $350,000 net worth Multi-Unit Franchisee Operating Units: 49% Total Franchise Operating Units: 227 Capital Investment: $229,575 to $357,500 Franchise Fee (per unit): $20,000 Royalty Fee (per unit): 4% Advertising Fee (per unit): $250/month Earnings Claims: Yes Build-Out Options: Free Standing, Shopping Centers, End Caps Available Territories: Prime markets available nationwide Rankings Contact Entrepreneur Franchise 500: 2009, 2010, 2011, 2012, 2013 Michael Landry VP - Franchising (972) 403-4905 Success Magazine #1 Appliance Rentals Franchise • Superior credit score OPPORTUNITY Description ColorTyme is America’s first franchisor of independently owned and operated rentto-own stores and a whollyowned subsidiary of Rent-ACenter, Inc., the world’s largest rent-to-own company. With senior management comprised of both veteran franchising and rent-to-own executives, the company is experiencing record growth, and also offers in-house financing with a $45 million loan pool. With these and other great advantages, there’s never been a better time to join the ColorTyme Team! SITE LOCATION Assistance ColorTyme and its parent company have opened over 3,000 locations. Site selection from industry experts is available through ColorTyme. ColorTyme Rent-to-Own: We are so confident in our business model that we guarantee the loans ourselves! In an uncertain economy, consumers are turning to Rent-to-Own to get the appliances, furniture and electronics they want and need at prices they can afford. Join a Recession-Resistant, $8 Billion Industry $45 Million Loan Pool Seeking Multi-Unit Franchisees Prime Market Packages Available RENT TO OWN Independent, wholly-owned subsidiary of Rent-A-Center, Inc. (RCII) Furniture Appliances Electronics 972.403.4905 MULTI-UNIT BUYER’S GUIDE 2013 28