Rent-A-Center Franchise Overview
A rent-to-own industry leader, Plano, Texas-based, Rent-A-Center, Inc., is focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable products such as consumer electronics, appliances, computers, furniture, and accessories, under flexible rental purchase agreements with no long-term obligation. The Company owns and operates approximately 2,200 stores in the United States, Mexico, and Puerto Rico, and approximately 1,100 Acceptance Now kiosk locations in the United States and Puerto Rico. Rent-A-Center Franchising International, Inc., a wholly owned subsidiary of the Company, is a national franchiser of approximately 320 rent-to-own stores operating under the trade names of "Rent-A-Center," "ColorTyme," and "RimTyme."
Founded in 1986, Rent-A-Center has grown to become the largest operator and franchisor of rent-to-own stores in the United States today. Growth came over the first 20 years from acquisition of several small operators and regional chains. Today, as a leader in the rent-to-own space, RAC continues to offer cash constrained and credit challenged customers, brand-name, quality products in furniture, appliances, consumer electronics, computers and cellular telephones at affordable prices and flexible terms.
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