"According to trade association reports, Furniture & Appliances Now is
among the top 25 rent-to-own groups in the nation"
Ron Evans, FAN's Marketing Director
Jonesboro Arkansas based
Furniture and Appliances Now
(FAN) increased it's store
count to 18 with the acquisition of Pay-Less Rentals in Conway Arkansas. The
purchase was finalized on Thursday, December 2nd.
Pay-Less Rentals, located at 2125 Harkrider, has been operated and co-owned by
Curt Crook and Richard & Theresa Lassiter for the past three years. Crook is in
the process of opening a computer sales and service store in the downtown area
|Geron Vail, President, FAN
Furniture & Appliances Now president Geron Vail said that the company is elated
to have a location in Faulkner County. "Conway has long been an attractive area
for FAN," as the company is popularly known, said Vail. "The Faulkner County
trade area is progressive, has strong community leadership, and is poised for
explosive growth. It’s a perfect fit geographically, and for our customer base."
The new Conway FAN joins other central Arkansas Furniture & Appliances Now
stores in Little Rock where it has two locations, in addition to Cabot, Searcy,
Malvern, and Russellville.
FAN's Marketing Director, Ron Evans, said "According to trade association
reports, Furniture & Appliances Now is
among the top 25 rent-to-own groups in the nation."
Under FAN ownership, the Conway store will be remodeled and stocked with an
expanded selection of furniture, televisions and electronics, computers, and
major appliances. FAN offers Ashley Furniture, GE and Whirlpool appliances, DELL
computers, Toshiba and JVC televisions, and others. Budget Phone prepaid home
phone and wireless replenishment services will also be offered.
FAN rental ownership plans include cash, 90 days same as cash terms, rent to own
with early purchase options, and traditional rent to own plans.
Furniture & Appliances Now is also including the Conway store in a unique
"$16,000 Live Free for a Year Sweepstakes" promotion featured in the
December 1st issue of RTO Magazine. The Grand Prize winner will have his or her rent or home mortgage
payment paid by FAN throughout calendar year 2005.
RTO Online is the official channel for Rent-to-Own Industry News and the
only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens.
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