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49. Aaron's

Last Year's Rank: 47

Investment Range: $250K to $500K

Category: Retail

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Company Description


Aaron's is an appliance and furniture retailer that specializes in leasing-to-own as well as rent-to-own services. Aaron’s provides name-brand furniture, electronics, appliances, and computer products and services. Customers can buy or make monthly lease payments, ranging from 6 to 24 months.

There are more than 2,000 Aaron’s stores throughout North America, and more than 50 percent are corporately operated.

In 2008, it sold part of its company, specifically its corporate furnishings division, to Berkshire Hathaway, the holding company led by Warren Buffett. Aaron's is itself the parent company of Progressive Leasing.

Company Statistics


Global Sales: $2,785,000,000*

US Units: 1,824

International Units: 40

Total Units: 1,864

Percent Franchised: 38%

% International Units: 2%

US Franchised Units: 676

International Franchised Units: 23

Sales Growth %: -8.7%

Unit Growth %: -8.6%

*Franchise Times Estimate

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