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The market
is booming across all demographics and our goal is to build the
first national custom wheel and rim chain.
Kevin Leary, director of franchise
development
and operations for Rimco Sales & Lease Ownership
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Kevin Leary, director of franchise
development
and operations for
Rimco Sales & Lease Ownership, announced that
parent company
Aaron Rents, Inc., has charted an aggressive plan to franchise
the RIMCO concept
nationally.
RIMCO will offer custom wheels, rims and services in 4,000 to
6,000 square foot,
freestanding, stores.
According to the Specialty Equipment Marketing Association
(SEMA), the
national rim market tripled in size, from $1.3 billion in 1995
to $3.9 billion in 2004.
“The market is booming across all demographics and our goal is
to build the first
national custom wheel and rim chain,” said Leary. “We’ll do that
by franchising our RIMCO concept to meet consumer demand and by operating the
stores on the proven
Aaron Sales & Lease Ownership business model.”
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Aaron's RIMCO
Factoids |
| Aaron’s has been in business since 1955; franchising since 1992. |
| Aaron’s franchise is ranked #1 in it's category by
Entrepreneur magazine and #78 among franchise chains in
worldwide sales by Franchise Times magazine. |
| Aaron’s operates 1,223 stores as of March 2006. |
| There are 110 Aaron's franchisees |
| 94 (86%) of Aaron's franchisees are multi-unit
operators. |
| Key RIMCO Executives: Ken Butler, President, and Kevin Leary,
Director of Franchise Development & Operations. |
Aaron’s operates 1,220 stores in 46 states, Puerto Rico and
Canada. Rimco currently has
nine company locations open. The first franchise stores are in
Columbus, Georgia, and
Farmington, New Mexico. Leary plans to have more 25 locations by
year end.
RIMCO Franchising/Add Two
“We’re at the right place at the right time,” said Leary. “If
you follow our
systems, RIMCO can be a rewarding franchise opportunity.”
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