Rent-to-own franchises - Premier Auto By Rent

Premier Auto By Rent

Wayne Lewis (info@premierrents.com)

P.O. Box 244
Lightfoot, VA 23090 800/2-Premier
www.premierrents.net

Type of rent-to-own business: Auto Rent/Lease-to-own

Company-owned stores: 5

Franchise-owned stores: 2

Expansion plans: 3-5 franchised stores this year

Type of franchise owner they’re looking for: Auto experience or rent-to-own experience with management background

Why they’re different: Better ROI with fewer customers, higher priority payments, better residual value on vehicles, payment control devices, more recyclable


What they’ll do for you: Turnkey training, up to 4 weeks training in company stores, Operations Manual, Marketing support, operational software, scoring system, national website, Trademark use, supply exclusive aftermarket products, ongoing training available m-f 9-6, Human relations services available, also available we help build business plan and bank presentation package, refer vendors for all necessary products.

License master franchise rights
: N/A

Selling primary multiple store location agreements: Yes

Selling franchise agreements for just one store
: Yes

Active franchisee advisory board: In development

Net worth of candidate: :$250,000 minimum 

Franchise fees: 19,995 first 5, 29,995 after first 5 sold

Royalties: $35/new contract/ mo--- $17.50/active contract/mo

Advertising co-op: None





2012 APRO Convention and Trade Show

July 24-26, Memphis, TN

Attendee Information

Exhibitor Information

Thank you APRO 2012 Sponsors

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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

CLICK HERE FOR OUR DIGITAL RTOHQ: THE MAGAZINE

 

RTOHQ: The Magazine’s upgraded digital format

APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine March-April 2012.

 

 

A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

Association of Progressive Rental Organizations
1504 Robin Hood Trail
Austin, Texas 78703
800/204-2776, ext. 103
Fax 512/794-0097