 APRO: The Official Voice of the Rent to Own Industry
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Rent-to-own franchises - Rent 'N Go
Patrick Terhune (pterhune@rent-n-go.com) 5219 N State Rd. 7 Tamarac, FL 33319 888/440-0050
Type of rent-to-own business: Custom wheels and performance tires - rent-to-own and retail
Company-owned stores: Two Franchise-owned stores: Three will be open by the end of 2007
Expansion plans: Our plan is to build our franchisee community in selected markets throughout the United States through individual location and territory licenses.
Type of franchise owner they are looking for: Ideally, our franchise candidates will have successful direct RTO management experience or a clear understanding of the dynamics of RTO. They will posses an entrepreneurial spirit, will appreciate the franchisor-franchisee business relationship and have the financial wherewithal to start and build a successful Rent’N Go business.
Why they’re different: Simply stated, we strive to be the very best at everything we do and are committed to the concept of continuous improvement. Our franchisees will be overwhelmed with the service and support they receive from company personnel and suppliers.
What they will do for you: Everything we ever promise to do and when we say we will do it, starting with the very first contact with our candidates through our continuing relationship.
License master franchise rights: Yes, we will consider territory development contracts with qualified candidates.
Selling primary multiple store location agreements: Yes.
Selling franchise agreements for just one store: Yes.
Active franchisee advisory board: Not yet, but one is planned.
Net worth of candidate: This amount varies depending on a number of considerations.
Franchise fees: $35,000, initial fee.
Royalties: 6 percent of sales.
Advertising co-op: 1 percent of sales for the development of marketing materials and for system marketing support.
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RNG LL C, franchisor of Rent’N Go (Custom Wheels & Tires)
2012 APRO Convention and Trade Show July 24-26, Memphis, TN
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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.
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Association of Progressive Rental Organizations 1504 Robin Hood Trail Austin, Texas 78703 800/204-2776, ext. 103 Fax 512/794-0097 |