Last Year's Rank: 47
Investment Range: $250K to $500K
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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.
Global Sales: $2,480,000,000*
US Units: 1,686
International Units: 40
Total Units: 1,726
Percent Franchised: 32%
% International Units: 2%
US Franchised Units: 528
International Franchised Units: 23
*Franchise Times Estimate