Rent-A-Center is a leading rent-to-own retailer specializing in furniture, electronics, appliances, and computers. Founded in Wichita, Kansas, in 1980, the company is now headquartered in Plano, Texas.
It began franchising in 2013 and has since expanded to over 2,000 company-owned stores across the U.S., Mexico, and Puerto Rico, along with approximately 400 franchise locations.
The franchise offers customers brand-name products like Ashley Furniture, Whirlpool appliances, and Samsung electronics under flexible lease-to-own agreements. With no long-term obligations, customers can enjoy benefits such as same-day delivery, early purchase discounts, and a Worry-Free Guarantee.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
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Below are some of
Rent-A-Center
key competitors in the
Electronics
sector.
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Rent-A-Center provides a structured training program to ensure franchisees and their managers are equipped to run operations effectively. The training includes various mandatory and optional components tailored to experience levels and operational needs. The following outlines the key training programs:
Rent-A-Center grants franchisees a Protected Territory around their store, within which it won’t authorize another Rent-A-Center store using the same marks. However, this protection is non-exclusive. The franchisor may operate or license other businesses, even similar ones, under different names within the same area.
Franchisees are not guaranteed rights to expand or acquire nearby locations, and no compensation is offered if the franchisor sells in the territory through other means, including online. If Rent-A-Center acquires a competitor in the territory, the franchisee may be given a limited option to purchase that store.
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