Franchise Focus Apply yourself
Look into a Local Appliance Rentals franchise for an excellent return on investment
INVESTMENT LEVEL: £100,000 L
ocal Appliance Rentals (LAR) is a business with minimal overheads and weekly cashfl ow. You’ll serve a customer base of thousands, with low churn rates
and high profi t margins. By your third year, it’s realistic to expect salary and dividends of more than £250,000 per annum, which isn’t an exaggeration – it’s happening now for existing LAR franchisees.
It takes time in the beginning to build up
your rental book, but you’ll soon fi nd you have a stable weekly cashfl ow that requires almost no maintenance whatsoever.
A six-fi gure turnover inside 24 months As a new franchisee, you’ll need to spend £50,000 to £100,000 in the fi rst two years of trading. What makes LAR unique is what you’ll spend that money on: business assets that produce immediate returns. Here’s a look at what an initial investment of £100,000 will get you:
Security in year one In the fi rst 12 months, you’ll invest your start-up capital in brand new, top-of-the- line rental goods. Your investments will exceed your income in your fi rst year, but you’ll still be able to draw a salary of £25,000.
Prosperity in year two In months 13 to 24, cashfl ow improves dramatically as you approach the payback period on your fi rst round of contracts. Keep growing your rental book in this pivotal year and expect to draw a £50,000 salary.
Luxury in year three and beyond Your rental book becomes self-sustaining from month 25. From here on, you’re building your rental book with cashfl ow from weekly repayments. This is the stage where you can typically draw down £300,000 or more.
As time goes by, your weekly rental payments will start to cover the capital expenditure of new contracts and, before you know it, you’ll be reinvesting your profi ts to reach scale.
Local Appliance Rentals Rental services
localappliancerentals.co.uk/franchising byron@localappliancerentals.co.uk 0800 160 1517
DON’T JUST BUY A JOB... Get a business that makes
REAL PROFITS!
150+ franchisees worldwide 55+ UK Franchisees in UK today 30 new customers every month = £250k pa 3rd year £12 Average weekly rental amount FCA Approved and BFA Accredited
Benefits of this business: Many customers, paying small amounts
Offers the flexible option of short hours: Monday to Friday - no weekends and work from home office
Totally automated with our unique software system
LAR rents appliances, TVs, computers, electronics, furniture, mobile phones and anything else in demand!
March 2018 |
BusinessFranchise.com | 59
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