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Local Appliance Rentals Franchise UK

     


 

Latest Testimonials


"Byron Hill franchisee testimonial for Local Applicance Rentals"

We write around 20-30 contracts consistently every month, which is £20k-£30k in contract value.


"Adam Green franchisee testimonial for Local Appliance Rentals"

My search looked at hundreds of existing business and franchises, believe me when I say that nothing even comes close to LAR in terms of the return on investment.


"Carl Windsor testimonial update"

We had a fantastic initial response to our leaflet marketing which converted to 20 contracts being written in month one.

  Show 2 more testimonials ››

Franchise Details

Franchise

Local Appliance Rentals Franchise UK

local appliance rentalsWhy wait when you can rent it today? 

LAR are the obvious first choice experts in consumer hire, renting anything and everything from Appliances, TVs, Electronics, Furniture, Smartphones, Bedding, Gaming for the kids and more. Typically, over 24 months. ‘You Name It, We Rent It’. Small weekly affordable payments. And LOTS of them with an 80% retention rate!!

No stores are required and an unlimited finance facility from Head Office is available after 3 months of operation once franchisees hit their basic KPIs. LAR have been in business for 10 years and franchising for 6 years, have over 150+ franchisees worldwide, including almost 50 franchisees in the UK with exceptional growth. This complete package includes comprehensive training on policies, procedures, sales & marketing, and even more importantly, permanent genuine ground level support every day. The results speak for themselves with many franchisees owning 3-5 territories over time indicating the model is highly scalable.

LAR welcomes regulation in the sector because they are highly proactive towards responsible lending, affordability, caring for customers and remaining flexible towards customers always. What is unique about LAR? “We actually want and look forward to a long-term relationship with our customers” says multi-unit franchisee Byron Hill who is also Franchise Sale Manager for UK and Ireland.

This is a high return franchise with expected earnings exceeding £300k from 500 customers after 2 years of growth. All this from £50k - £100k investment which is spread as you grow in your first 12 months especially. Earn a £25k salary in the first year and £50k in 2nd year until dividends kick in after 24 months. Why not look for a buyer at circa 3 times earnings after minimum 2 years or we can discuss potential buybacks at 2 times earnings once certain KPIs are in place after 2 years of established operation.

Minimal overheads, low staff numbers and huge demand in a proven unsaturated market.

LAR will tailor a business to the 100% owner/operator working from home as a ‘mobile operation’, to the passive investor wanting to utilise Head Office’s expertise for passive returns starting from £100k investment levels.

LAR welcomes all expressions of interest. LAR is looking for new energetic partners with an appetite for growth and success. Enquire today to reserve your territory as this franchise is moving exceptionally fast!

Please fill out the contact request form to find out more about this franchise opportunity.

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