Rent-to-own franchises - Rent-n-Roll, LLC

Rent-n-Roll LLC, dba Rent-n-Roll Custom Wheels and Tires

Vincent Ficarrotta (vince@rentnroll.com)

14620 N Nebraska Ave., Ste B

Tampa, FL 33613-1420

813/977-9800, ext. 13;

fax 813/978-0584

www.rentnroll.com

Type of rent-to-own business: Wheels and tires

Company-owned stores: 7

Franchise-owned stores: 51 are in the works

Expansion plans: Seventy locations will be in place by the end of the year. The goal is to be at 175 operating units by the end of the decade.

Type of franchise owner they’re looking for: Larry Sutton, the founder of Rent-n-Roll Custom Wheels and Tires, believes he has found the “cream of the crop” of the people who have RTO experience. He’s been actively pursuing top performers in the traditional franchise world—those interested in developing markets and those who are “single store guys.”

Why they’re different: “We didn’t invent the business obviously, but we kind of originated the franchise part of it,” says Sutton. “We beta site test everything in our own stores before we roll it out to franchisees. We’re very into the business—by owning the business ourselves, we try a lot of innovative things and the things that work, we bring to the franchises. The things that don’t, we don’t.” He also cites his team’s history in RTO and that they are always working “tirelessly to improve our services. Our marketing department is creative—always coming up with new ideas—and we listen to our franchisees and focus on doing more of what they want.”

What they’ll do for you: Everything you’d hope they would do. “Franchisees can focus on their business and not have to worry about vendor and business relationships,” says Sutton. “We’ve already established those on their behalf. We also have a media buying service. We can take of planning and promoting their business, so they can focus on renting and selling, and we can take care of the rest.”

License master franchise rights: Yes—occasionally

Selling primary multiple store location agreements: Yes

Selling franchise agreements for just one store: Yes

Active franchisee advisory board: Not currently

Net worth of candidate: $250,000

Franchise fees: $25,000

Royalties: 4 percent

Advertising co-op: 1 percent

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