Established
1986
Franchise Units
450
Minimum Investment
$250,000
Franchise Fee
$35,000
Total Investment Range
$605,000
Home Based
No
Description
Rent-A-Center is a leading rent-to-own retail franchise in the U.S., offering customers flexible leasing options for furniture, electronics, appliances, and more. With a trusted brand name and a proven business model, Rent-A-Center empowers franchisees to serve communities with convenient, affordable ownership solutions. Franchisees benefit from national marketing, operational support, and strong customer loyalty across America.
Background
Founded in 1986, Rent-A-Center has grown into one of the most recognizable names in the rent-to-own industry. Headquartered in Plano, Texas, the brand operates through both corporate and franchise locations across the United States. With decades of experience and a recession-resistant model, Rent-A-Center franchises are ideal for entrepreneurs seeking a reliable investment in retail and consumer services.
Support Training
Rent-A-Center offers extensive training and support to ensure franchisee success:
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Initial Training Program: Comprehensive training for franchise owners and managers at RAC University.
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Site Selection Assistance: Help in identifying and securing prime retail locations.
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Ongoing Operational Support: Including purchasing guidance, inventory systems, marketing strategies, and business development.
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National Advertising Campaigns: To drive traffic and increase brand recognition.
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Technology Integration: Access to proprietary software and POS systems for efficient management.
Ideal Candidate
The ideal Rent-A-Center franchisee:
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Has retail or management experience (preferred but not required)
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Is financially qualified with good credit
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Demonstrates strong leadership and communication skills
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Has a passion for community engagement and customer service
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Is committed to following a proven business system and brand standards
Financial Detail
Franchise Fee: $35,000
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Total Investment Range: $355,000 – $605,000
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Minimum Liquid Capital: $250,000
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Net Worth Requirement: $750,000
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Royalty Fee: 6% of gross revenues
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Advertising Fee: 4% of gross revenues
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Franchise Units: Over 450+ franchise locations in the U.S.
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Business Type: Rent-to-Own Retail