Local Appliance Rentals: Cardiff Resale

Location  Cardiff
Asking Price £25,000
Loan Book £27,000
Turnover £24,000

The Cardiff Local Appliance Rental franchise, established 18 months ago and with an existing gross rental book of £27,000, is being marketed for sale.

Local Appliance Rentals (LAR) franchises provide an affordable rental service by helping families to rent the latest appliances, TVs, electronics, furniture and more. Products are purchased on behalf of the customer, who then commit to a 2 year rental agreement.

The franchise model is established, trading for 10 years and franchising for 7 years. There is a network of 150 franchisees globally (40+ are in the UK).

The business is FCA regulated and operators utilise the exiting credit licence.

Cardiff LAR franchise will inherit an existing rental book of c £27,000, ensuring an immediate stable weekly cash flow and earnings, paying £2,000 monthly currently.

Benefits of a Local Appliance Rentals franchise:

  • A proven business model.
  • A scalable franchise.
  • A home-based business. Unlike most consumer-facing franchises, our business model doesn’t require a retail presence. You can work from home, investing your hard-earned capital on an as-needed basis into revenue-producing rental assets.
  • Work-life balance. The nature of the business readily allows it to be fitted around childcare / family responsibilities or golf and holidays!
  • Customers you can count on. LAR affordable rental plans and top-of-the-line appliance choices ensure that customers make repeat purchases and provide referrals for new customers, helping you grow.
  • A business your family can rely on. With exceptional resale value later.
  • Franchisor support. Head office is always on hand to provide both operational and regulatory advice and marketing support.

LAR franchises are best suited to personable, savvy business operators with the hunger and resilience to build and maintain a sustainable income stream. The guide price for the assets (including the existing rental book) and goodwill of the Cardiff LAR franchise is £25,000.

Learn more about an Local Appliance Rentals resale opportunity in Cardiff by completing the form below!

 

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Key Facts:

Opportunities:
Opportunities available across the UK
Business Type:
Franchise
Minimum Investment:
£25,000
Training Provided:
Yes
Home-based:
Yes
Part time:
Yes
Funding Support:
Yes
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