The LAR Franchise is the UK’s most successful Consumer Hire Business with HUGE demand, support and sustainability. This is a high return home-based franchise with expected earnings exceeding £300k from 500 customers after 2 years of growth!
The LAR Franchise is a successful Consumer Hire Business. Established for 10 years with 150+ franchisees in only 5 years of franchising LAR are now looking for another 50 franchisees in 2017!
Local Appliance Rentals (LAR) are the obvious first choice experts in consumer hire, renting anything and everything from appliances, TVs, electronics, furniture, to gaming and bedding over 24 months. You name it, they rent it with small weekly affordable payments. Customer care is paramount. LAR want to build a long-term relationship with their customers.
Franchisees act as the bank. They purchase the goods through local suppliers with their working capital. Those suppliers then typically deliver the item to the customer. No heavy lifting required! Franchisees are paid weekly from all rental receipts.
This franchise has minimal overheads, low staff numbers and huge demand in a proven unsaturated market.
The UK boasts 50+ LAR Franchisees. 5 top performing UK franchisees have already achieved first year profits of £200k on an accrual basis. Many others are not too far behind.
This is a high return franchise with expected earnings exceeding £300k from 500 customers after two years of growth. All this from a £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 the second year until dividends kick in after 24 months. Why not look for a buyer at circa 3 times earnings after minimum 2 years or LAR can discuss potential buybacks at 2 times earnings once certain KPIs are in place after 2 years of established operation.
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.
3 Days online module training from your home is comprehensive and first of its kind on a global scale. Modules include policies and procedures, sales & marketing, and SAFRA software. Once operational, permanent genuine, ground level support is encouraged every day. The results speak for themselves with many franchisees owning 3-5 territories over time indicating the model is highly scalable.
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!
Since joining LAR I have found the ongoing support to be excellent. It comes across very clear that LAR genuinely care about me as the franchisee and will do everything in their power to ensure my success. Their response times to any queries I have is first class always. Biren Patel - Platinum Territory Owner in Wellingborough
18th January 2017
Local Appliance Rentals Welcome New Franchisees for 2017