FRANCHISEFOCUS INVESTMENT: £50,000 Apply yourself


Look into a Local Appliance Rentals franchise for an excellent return on investment


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 a salary and dividends of more than £250,000 per annum, which isn’t an exaggeration – it’s happening now for existing LAR franchisees. In fact, some of the 55 UK franchisees are doing even better than this. It takes time in the beginning to build up your rental book, but you’ll soon have a stable weekly cashfl ow. LAR has been trading for 10 years


and franchising for seven. It currently has a total of 150 franchisees pulling in six-fi gure incomes across Australia, New Zealand and the UK.


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. Entry-level investment starts at £24,950


plus vat for LAR’s gold franchise and £39,950 plus vat for the platinum-level franchise. You will also need to have further working capital to fuel business growth. A line of credit of approximately £50,000 will get you started. Head offi ce can also provide a fi nance facility to approved applicants to further grow their rental book. 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. LAR is looking for long-term partners


who can commit to a 10-year agreement, will follow the fi ne-tuned business model and have the necessary cash reserves to


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!


BUSINESSFRANCHISE.COM 111


make their territory work. You’ll be amazed at how quickly the business grows, and how soon you can achieve an excellent work-life balance and income stream. l


CONTACT Local Appliance Rentals Rental services 01903 266 392 www.localappliancerentals.co.uk/ franchising byron@localappliancerentals.co.uk


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