R. Charles Loudermilk, Sr.
Chairman and Chief Executive Officer
"We offered them a real bonus at numbers that rental stores have
not been sold for in the past, 11 times monthly rental, and most
of them are not even willing to sell at that"
In addition to the 15 franchise locations already acquired,
the possibility exists for 30 to 40 more. But most owners of
Aaron's 249 franchise locations are apparently willing to turn
down an offer that most RTO operators dream about. Mr.
Loudermilk added that he feels the turndown of the companies
generous offer is a "Real compliment to our program at Aaron
Rents."
