Investment:£POA
Franchise Focus
Big opportunity R
rent4keeps hits the UK and says the rental industry could be the smartest investment you make
INVESTMENT LEVEL: £POA
ent4keeps (R4K) has over 100 successful franchisees operating across Australia and New Zealand and is looking for interested parties
to take up a master licence and help them expand into the UK.
In its six years of operation, R4K has become a leading player in the Australian rentals and furniture industry, boasting a proven and profi table business model that provides an exciting opportunity in a market segment that enjoys high customer demand, excellent margins and low overheads.
The demand to rent household goods and appliances is growing The demand for rental items is continually growing. People across the spectrum of social and economic circumstances are leaning towards smarter, easier and more convenient fi nancial commitments to assist them in limiting expenditure and, as a result, they are turning to renting over buying. R4K rents computers, mobile devices, TVs, washing machines and many other household or personal goods. Some consumers simply prefer holding onto their hard-earned cash over purchasing, while others fi nd that obtaining credit is not an option. Renting is aff ordable and easy, meaning that as furniture and equipment demands grow, so does the market.
Credit issues? Most large retailers off er an in-house rental option as an alternative to buying outright, but many prospective customers fail the sometimes stringent credit criteria, and they do so for a variety of reasons. R4K only rents goods to people who can comfortably meet their rental payments, but also understands that not everyone has a perfect credit history. R4K has established processes and technologies including the exceptional R4K CRM bespoke software that ensures the application and approval process is kept as simple and streamlined as possible, while still ensuring that customers have acceptable serviceability.
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BusinessFranchise.com | April 2018
The main reasons people opt for renting over buying: • Cash is tight and they can’t aff ord to buy an item outright
• Credit concerns mean other borrowing options, such as store or credit card and loans, aren’t an option
• Cash is a priority for other lifestyle needs such as house deposits, holidays, day-to-day living
What do you know about recurring or passive income?
Recurring or passive income is the income received from investments. In this case, the passive or recurring income is received from customer payments over the term of the R4K rental agreement. It provides an excellent and stable source of income, with minimal management required, all controlled centrally in the bespoke R4K CRM.
“We’re looking for a dedicated and motivated UK partner to maximise the excellent image and systems we’ve created over the past six years”
Product is only purchased to fi ll
approved applications, meaning no physical store or signifi cant stock holding is needed, minimising costs and overheads. All business can be carried out on any device, using R4K’s outstanding bespoke software R4K CRM. For further information about R4K’s history and operations, take a look at the brand’s Australian website:
www.rent4keeps.com.au.
rent4keeps is looking for a master franchisee in the UK Alan Symons, rent4keeps’ UK representative, says: “We’re looking for a dedicated and motivated UK partner to maximise the excellent
image and systems created in Australasia over the past six years. “The development and practical
in-fi eld work is complete. All we need now is the right partner.” If you think this sounds like you, get in touch with Alan today via the details below.
rent4keeps Home appliance and furniture rentals
www.rent4keeps.co.uk alansymons@rent4keeps.co.uk 07572 209 610
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