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Texan John Spangle Signs Rent n Roll Development Agreement For Puerto Rico
06-06-06
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We have just been able to open our 6th location and are now preparing to go an open up stores in the Dallas/Ft.Worth area.
John Spangle, Partner's Rental Purchase / Rent-n-Roll

Rent to own veteran John Spangle (who's who), owner of Friendswood Texas based Partner's Rent to Own, recently signed a Rent-n-Roll Market Development Agreement for Puerto Rico. Spangle's company, The Texas Iowa Group, already has a development agreement for the entire state of Texas. The group opened it's sixth Texas Rent-n-Roll location in Houston May 20th.

Larry Sutton, president of RENT-n-ROLL LLC, stated, “John has really come out of the gate full speed ahead. I am honored to have John and his team carrying the RENT-n-ROLL flag not only in the great state of Texas, but Puerto Rico as well!”

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Spangle says, “We have just been able to open our 6th location and are now preparing to go an open up stores in the Dallas/Ft.Worth area. The Puerto Rico market seems like another great opportunity for us and we were extremely happy to secure the rights to it along with the great State of Texas.”

In South Carolina, Rent-n-Roll’s developer Rims USA, led by RTO veteran Tony Raffo, recently added several markets to their MDA (Market Development Agreement) including all of North Carolina and several major markets in Tennessee as well as Savannah and Augusta Georgia.

Sutton says, “We have development deals in place with many of the RTO industry’s most well-known and successful operators. By using the Market Development Strategy, which allows each franchisee to develop a specific quantity of locations within their selected territory, we are able to take advantage of their experience in this industry." According to Sutton, with 43 locations open and operating, Ren-n-Roll now has more locations open and operating than any other national chain specializing in custom wheel rental.

 

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