Early Stage Local Appliance Rental Franchise Resale OpportunityAdvert Id : 56557 , Sellers Ref: (SMSB/LARSB)
Location : West Midlands - Birmingham -South Birmingham
Category : Franchise
Asking Price : £ 69,500
The South Birmingham Local Appliance Rental franchise, with an existing gross rental book of c £70,000 is being marketed for sale. Owned by a franchisee with multiple territories who is not able to devote the necessary time to develop the South Birmingham territory, this represents an excellent opportunity to purchase a territory with very significant growth opportunity for a modest price.
Local Appliance Rental (LAR) franchises provide an affordable rental service, helping families to rent the latest appliances, TVs, electronics, furniture and more. Products are purchased on behalf of the customer, who then commit to a 2-3 year rental agreement.
The franchise model is an established one, having been trading for 10 years and franchising for 7 years. There is a network of 150 franchisees globally (**** **** are in the UK), of which the more mature now deliver annual 6 figure earnings. The business is registered with the FCA and operates within their guidelines.
The Benefits of a Local Appliance Rental Franchise:
The expectation is that franchisees will achieve a rental book in excess of £250,000 within 24 months, but this objective has been exceeded by many:
“I would highly recommend this franchise to anyone out there looking to build their own business. Low overheads, you can work flexible hours and most importantly the business model works and is easily scalable. Highly ethical and very proactive towards responsible lending.”
LAR franchises are best suited to personable, savvy business operators with the hunger and resilience to build and maintain a sustainable income stream. The guide price for the assets and goodwill of the Birmingham LAR franchise is £69,500.
The business is being marketed by www.sellmysmallbusiness.co.uk. Please do not contact the vendor directly.
Once you register as a Buyer you will be able to access all the phone details and many more features
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