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The fastest-growing consumer hire franchise in the world
Local Appliance Rentals is the affordable, debt-free way for families to access the big-ticket household items they desperately need. Here in the UK, demand for our services is soaring. The rental books of our existing UK franchisees are growing at breakneck speed.
Our exponential growth gives us one simple problem: we’re getting more rental customers than we can handle. We urgently need more franchisees to take on some of our best territories.
A six figure turnover by buying an established business under management.
As a new franchisee, you’ll need to spend £50,000 to £100,000 in the first two years of trading. What makes LAR unique is what you’ll spend that money on: business assets that produce immediate returns
With an existing business you already have good will, recurring income, easy growth, true asset value and it can even come with a manager already in place, completely run for you.
These franchise resales are only for the discerning buyer who is looking for passive returns and growth. You are buying straight into Prosperity or even Luxury depending on the book size.
Let’s look at what an initial investment of £145,000 will get you:
Security in Year 1:
In the first 12 months, you’ll invest your startup capital in brand new, top-of-the-line rental goods.
Your investments will exceed your income in the first year, but you’ll still be able to draw a small salary of £25,000.
Prosperity in Year 2:
In months 13-24, cash flow improves dramatically as you approach the payback period on your first round of contracts.
Keep growing your rental book in this pivotal year, and expect to draw a £50,000 salary.
Luxury in Years 3 +:
Your rental book becomes self-sustaining from month 25.
From here on in, you’re building your rental book with cash flow 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 profits to reach scale.
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