Aaron Rents Inc. has bought 35 stores from Rosey Rentals LP for an undisclosed sum.
Atlanta-based Aaron Rents said Rosey Rentals operated 35 Aaron’s Sales & Lease Ownership franchised stores in six Southeast states that generated $45 million in total annual revenue. The stores will now be company-operated by Aaron Rents.
“As in the past, we continue to make acquisitions of franchisees when it is of mutual benefit,” said Robert C. Loudermilk Jr., president and CEO of Aaron Rents, in a news release. “Rosey Rentals has been a good franchisee and we hope to continue our relationship in some form in the future. This transaction should add approximately 3 percent to our top line growth in 2009 and is expected to be accretive to earnings.”
Make money building websites for small businesses with our private label website builder
Be a part of the number one growth industry while securing your future with residual income.
Millions of people retire in poverty - but it doesnt have to be this way!
The coffee vending business is your opportunity to cash in on the 30 billion dollar coffee industry.
Amazing opportunity for only $500 in an industry that is prime for sales.