Rent Time Joins Rent-A-Center Franchise Alliance

October 14, 2014

Independent rent-to-own dealer Rent Time, Inc. of California, and Rent-A-Center Franchising International, Inc. (RACFI), the nation's first franchisor of independently owned-and-operated rent-to-own stores, announced today that Rent Time has become the newest RAC Franchise Alliance partner. 

 

Rent Time Joins Rent-A-Center Franchise Alliance

 

Rent Time owners Bruce and Susan Foster sought to create a foundation upon which the next generation of their family could successfully grow in the RTO business. This transaction with RACFI also enabled the Fosters to minimize the distance between their stores, as Rent-A-Center agreed to purchase their Bakersfield, CA store while simultaneously selling them a corporate Rent-A-Center store in Santa Ana, CA. The Fosters' also have a store in Vista, CA in which they are converting to Rent-A-Center.

"As I viewed the rapid change taking place in the RTO sector, I felt the surest way to eventually pass my business on to my kids was to partner with the #1 brand in the industry," said Bruce Foster. "The innovation and support available through RAC is just what my family business needs to compete and grow."

The Fosters' longtime operator and family members, Jason and Brooke Roper, will focus on continuing to provide excellent customer experiences while leveraging Rent-A-Center's powerful resources.

"It's rewarding to know that independent dealers are seeing our Franchise Alliance program as a way to help secure the future of their family businesses," said Cathy Skula, Senior Vice President of RACFI. "Bruce and his family are an excellent additional to our rapidly growing team of owners."

Information for these specific stores can be found at www.rentacenter.com.

 

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