capital required:
Number of units:
125
investment level:
investment level:
£50,001 ~ £100,000
franchising since:
2010
ROYALTY FEE:

Local Appliance Rentals


Why wait when you can rent it today?

LAR are the obvious first choice experts in consumer hire, renting anything and everything from TVs, Electronics, Furniture, White goods to outdoor play equipment for the kids over a medium to long term, typically 24 months.
 
‘You Name It, We Rent It’.  
 
Small weekly affordable payments. Everyone wins and that makes a great business.  This niche franchise opportunity is simplistic, has low staff overhead requirements, meaning minimal issues and provides exceptional residual income.
 

8 years in business, 4 years of franchising, over 125 franchisees already

LAR hold all the aces for success and are notably proven. This complete package includes initial training on a multitude of aspects within the business model and more importantly, permanent, genuine on the ground support on a daily basis. The results speak for themselves with the average franchisee owning 5 territories over time, indicating the model is highly scalable.
 
LAR are looking for new energetic partners with an appetite for growth and success, who also appreciate the value of individual control over their own business and the shared ethos of ‘the harder you work, the luckier you get’.
 
Australia, where the LAR franchise was born, now has over 100 franchisees and as part of an international expansion drive, franchisees are now operating in the UK, New Zealand and the States, along with current interest also in Ireland.
 
Franchisees in the UK are doing exceptionally well which adds even more gloss to the proposition considering there are already 12 franchisees since the first appointment starting their operation in June 2014.
 

 

Our business strategy

The foundation of recurring rental payments combined with a high retention rate of customers, meaning regular repeat business, creates a much valued passive income stream which directly correlates to a highly valuable underlying asset. This all amounts to a very attractive exit strategy proposition with proven, albeit limited resale examples over the last few years since franchising.


Successful UK franchisees 

Existing UK franchisees have outperformed initial expectations with a number of early stand out performers. One franchisee is now on their way to 200 contracts with a number of others successfully targeting 100 as the proven model describes. 
 
Be it first time business owners, part-timers to the sophisticated investor searching for the next viable diversification opportunity, this model ticks many boxes. If you enjoy the challenge of business then make yourself known. LAR welcome expressions of interest for all areas across the UK today. 
 
Click here for our Franchisee Testimonial..

 

With only 5% penetration so far into the territories available, combined with proven success in the UK already, there could not be a better time to secure your preferred territory.

Spotlight on a Franchise

Local Appliance Rentals - Franchisee Testimonial

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News

RECENT NEWS

Local Appliance Rentals UK held its 2nd annual conference in July

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