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Before
joining ColorTyme in 1991, Kogler worked and became friends
with current Rent-A-Center President Mitch Fadel. Because of
Fadel’s success in the rent-to-own industry and the autonomy
ColorTyme offered its franchisees, Kogler decided to give
the industry a try.
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photo RTO
online
Bob and Nan Kogler at ColorTyme's 2005 Annual Convention
and Tradeshow in Myrtle Beach, South Carolina. The
Koglers founded and organize ColorTyme's annual charity
golf tournament at Traces Golf Club in Florence, South
Carolina. This year's event raised a record $15,750 for
the Juvenile
Diabetes Research Foundation (JDRF).
See story |
Franchise veteran Bob Kogler may
have been around the block a time or two in the rent-to-own
industry, but he still takes a fresh approach to customer
service at his South Carolina
ColorTyme
stores.
His second store—the first in Myrtle Beach—opened this month.
In addition to high quality furniture, computers, digital
electronics and home appliances, Kogler's customers will be able
to take advantage of payday loans at CashTyme, adjacent to the
Myrtle Beach ColorTyme store.
Kogler considers every facet of his ColorTyme stores an
opportunity to provide excellent customer service. He hires
knowledgeable, friendly people to work in the stores but also
defers to his wife’s talent for home décor to give his stores a
warm atmosphere for customers to peruse the latest furniture,
electronics and appliances.
“We treat our employees just like our customers, with respect
and dignity, because it comes back to us in the end,” Kogler
said. “We take pride in our stores because customers feel the
presence of our ColorTyme family when they walk in the door and
want to be a part of that. This is a people business and we try
to keep it that way.”
Before joining ColorTyme in 1991, Kogler worked and became
friends with current Rent-A-Center President Mitch Fadel.
Because of Fadel’s success in the rent-to-own industry and the
autonomy ColorTyme offered its franchisees, Kogler decided to
give the industry a try with little rent-to-own experience.
After working for ColorTyme from 1991 to 1996, Kogler opened his
first ColorTyme store in 1997 in Wilson, N.C. and has since sold
that store. Kogler and his partners—his wife, Nan, and Tom
Karrat—have one store in Florence, S.C., as part of their
company, Rent’s-Myrtle Beach Inc.
“Because I had spent a lot of time making money for other
people, I decided to take the opportunity to make money for
myself,” Kogler said. “I wouldn’t have been able to open the
stores without the financing and flexibility ColorTyme provides
to secure the inventory we need for our customers. Now we’re on
track to open a new store every two years.”
ColorTyme, Inc. is the oldest franchised rent-to-own or
rental purchase company in the United States with 276 stores.
Now in its 25th year, the company has launched an aggressive
franchise development plan and is on track to grow significantly
in the next five years with many of its newest locations being
developed by former rent-to-own professionals who want to the
opportunity to go into business for themselves.
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