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John Spangle To Open 30 Rent-n-Roll Locations In Texas
01-19-05
RTO Online
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This is the largest and most aggressive Development Agreement to date
Vince Ficarrotta, vice president of RENT-n-ROLL, LLC

RTO Flashback
Interview With John Spangle

John Spangle (who's who), owner of Friendswood, Texas based Partner's Rent to Own and President of TRIB (The Rental Industry Buying Group), will open 30 Rent-n-Roll stores in Texas.

Vince Ficarrotta, vice president of RENT-n-ROLL, LLC, announced the Market Development Agreement (MDA) with Spangle  today. The agreement covers the entire state of Texas with over 30 stores to be opened in the next five years. "This is [Rent-n-Roll's] largest and most aggressive Development Agreement to date. John is putting together a great team of operators that we know are going to make a huge impact in the Texas markets."

Larry Sutton, President of RENT-n-ROLL said, "I am absolutely delighted to have John on the RENT-n-ROLL team. John is a well-known and respected member of the RTO community. He brings with him many years of experience in the Rent to Own industry. I am excited about entering the Texas Market and look forward to working with John and his staff."

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Spangle stated he will begin opening stores soon. "We look forward to opening our first store in the Houston market in the next couple of months," he said. "We hope to carry forth the success of the Rent-n-Roll system that Larry has worked so hard to develop over the past few years. We feel that this is a great opportunity for us and know that the Texas Market will be a great place for Rent-n-Roll."

There are now over 100 RENT-n-ROLL locations under contract in twelve states.

 

 

 

 

 

 

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