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Oliver And Owens Rebuild First American Rental
08-02-04
RTO Online
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"...some of our top management talent who served these markets under the First American brand before have decided to rejoin us"
Dave Oliver, CEO First American Rental

When First American Rental sold its assets to Rent Rite in March of 2002, CEO Dave Oliver (bio, articles), and CFO Ken Owen (who's who), knew that First American would be reborn.

Dave and Ken formed O&O Enterprises, purchased the First American brand and started with three stores in Central Georgia. Once the stores were off and running with great staffs providing great products at the lowest prices, First American Rental began reentering the markets in metro Atlanta so proudly served over the last 20 years.

In December of 2003 First American opened in Stockbridge Georgia and currently has two leases signed for stores scheduled to open in September of this year. These two stores are in markets First American Rental has served in the past.

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"Ken and I have been very fortunate that some of our top management talent who served these markets under the First American brand before have decided to rejoin us." said Dave Oliver. "We are very proud and honored to have the opportunity to work with these great RTO professionals again. We are excited to bring the First American brand back to these markets so our customers will once again have the opportunity to enjoy the finest products at the lowest prices while receiving the excellent service only these great management professionals can deliver. O&O, with the support and commitment of top flight managers will continue to rebuild First American Rental as a regional chain in order to provide everyone the opportunity to make their house a home regardless of their financial situation in every market it serves."

Oliver added, "Our goal is to grow the First American brand originally created in 1982 with bigger, brighter stores filled with the best products of the 21st century at the lowest prices delivered with the same time honored dedication to customer and associate satisfaction that has preserved the brand for the past 22 years."

 

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