Inside Story The lowdown...
Local Appliance Rentals. Byron Hill, sales manager for the brand, also runs a Local Appliance Rentals franchise himself – and there’s no higher commendation than that! Here Byron expands on the business opportunity...
Tell us about Local Appliance Rentals and the service and products that you provide for your clients We’re a company that’s been trading for the last 10 years (and franchising for seven of those). Local Appliance Rentals provides a huge range of products – from fridges, sofas to washing machines, televisions to smartphones, laptops, and absolutely everything in between – for long-term hire for anyone who doesn’t have the money to purchase something upfront at the time. Our service is highly reliable and affordable, ensuring that customers get the appliances they need fast, and for a really great price.
Is consumer goods rental a current growth market? Who and where is your typical customer? yes, there is a growing demand for what we do – it suits a lot of families to pay
in small amounts for their goods over a period of time. We have a client base you can count on. Our affordable rental plans and top-of-the-line appliance choices ensure that people keep coming back for more. We have customers in Australia, where the brand started, who have been with us for 10 years – now that’s loyalty! Furthermore, the market just keeps
growing. Demand for Local Appliance Rentals is hitting an upward curve as more and more lower income families realise that this is the affordable and debt-free way for households to have consumer items they need or want.
What’s unique – and successful – about your business model? The short version: low overheads, weekly cashflow and a huge customer base! The longer version is that you gain:
• A proven business model – we’ve seen our watertight business plan deliver for more than 150 owners just like you. There’s no limit to what you can achieve, especially with our finance option which will help you generate considerable income
• World-first ‘off-balance sheet’ finance facility available from head office for approved applicants to build your rental book.
• A home-based, flexible 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.
• A business your family can rely on – you’ll create a self-sustaining source of income with solid, reliable revenue
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BusinessFranchise.com | September 2018
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