To qualify for the Rent-A-Center franchise opportunity, prospective franchisees must have a minimum of $300,000 in cash/cash equivalents and a net worth of $750,000 or more.
YOUR ESTIMATED INITIAL INVESTMENT
As detailed in Item 7 of Rent-A-Center 2016 Franchise Disclosure Document (FDD)
TYPE OF EXPENDITURE
Franchise Fee
General Contractor Costs
Real Estate
Soft Costs
Furniture, Fixture & Equipment Costs
Delivery Vehicle
Insurance
Outdoor Signage
Training
Employee Training Manuals
Computer Installation and Training
IT & Telecommunications Costs
Loss Prevention Costs
Opening Promotion and Initial Advertising
Security and Utility Deposits
Additional Funds for First 12 Months
Optional Construction Project Management Fee
Inventory Expenses
TOTAL:
AMOUNT
$35,000
$74,000 to $150,000
$3,500 to $8,625
$5,000 to $15,000
$16,550 to $35,000
$2,000 to $5,000
$250 to $400
$7,800 to $14,500
$1,000 to $2,500
$340 to $425
$6,000 to $12,500
$4,000 to $12,000
$5,000 to $15,000
$20,000 to $25,000
$5,000 to $9,000
$95,000 to $130,000
$0 to $22,240
$75,000 to $90,000
$355,440 to $582,190
METHOD OF PAYMENT
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
As arranged
WHEN DUE
On signing the Franchise Agreement
As incurred
Monthly
As incurred
As incurred
At purchase
Monthly
As incurred
As incurred
As incurred
As incurred
As incurred
As incurred
As incurred
As incurred
As incurred
As incurred
As incurred
TO WHOM PAYMENT IS MADE
Us
General Contractor
Landlord
Attorney, Architect and/or Consultant
Suppliers
Manufacturer, finance company
Insurers
Suppliers
Suppliers of transportation, food and lodging
Us
High Touch, Inc.
Suppliers
Suppliers
Suppliers
Landlord and Utility Companies
Employees, suppliers, professionals, etc.
Us
Suppliers, Rent-A-Center Franchising International, Inc.