Rent-to-Own Furniture/Electronics Company Expanding


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Description

In first 18 months of business, two principals invested $2.5 million of their own cash and opened four new stores and a delivery center. The principals are successful entrepeneurs but can't do it alone.
The company is now looking for an additional $5 to $10 million to open an additional 20 stores and launch its catalog and internet business.
The unique "recession proof" rent to own industry is led by Aarons Rental (NYSE: AAN) and Rent-A-Center (NASDAQ: RCII). They are continually growing through the acquisiton of smaller competitors. They trade as high as 13 times P/E Ratio.
In this unique industry, we are able to mark up our goods by 450% in the form of a rental purchase to underbanked consumers and get paid over an 18 to 24 month period.
At virtually any time we can sell a store or our accounts to one of our larger competitors for close to 10 times the monthly revenue.
This is a very liquid investment. Within 2 years we feel we can grow this business to be prime for acquisition or IPO.


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