Premier Rental-Purchase
Premier Rental-Purchase provides consumer goods on a rent-to-own or lease-to-own basis, and we also offer retail installment purchases where financing is provided at the store. Our stores carry products such as televisions, audio-video equipment, appliances, furniture, jewelry, computers, and accessory items. We serve customers who need products for the short term, want to try items before buying, or need an alternative to a traditional retail purchase. We operate as a retail store business, typically in storefront or strip mall locations, using our brand, operating standards, and marketing materials.
Your franchise match score
Retail
Brand highlights
- CEOKenneth P. Earle
- Headquarters5248 Olde Towne Road, Williamsburg, VA, 23188
- Year founded1995
- Year started franchising2005
- IndustryRetail
- Locations open55 (-5 last three years)
Statistics & metrics
- Investment range$367,475 - $630,070
- Franchise fee$25,000
- RoyaltyRanges from 5% to 4.25% depending on the amount of your Gross Rental Payments and Sales
- Brand fundUp to 2.5% of Gross Rental Payments and Sales per month. Currently $250 per month.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Retail industry:
General retail franchises cover a wide range of products, from gifts and hobbies to hardware and convenience stores. This versatile sector offers opportunities for diverse interests.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2018-08-30
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Premier Rental-Purchase, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Premier Rental-Purchase's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Premier Rental-Purchase, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Premier Rental-Purchase franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Premier Rental-Purchase provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 55 |
| Franchise locations | 55 |
| Corporate locations | 0 |
System growth over time
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