These
stores are located in major population areas in which we can
add numerous additional stores
R. Charles Loudermilk, Sr., Chairman and
CEO
The stores were acquired from Almost Yours, LLC and affiliated LLC's, a franchisee of Aaron's Sales & Lease Ownership since
1999. The stores are located in the metropolitan areas of Salt
Lake City and Seattle, with one store in Reno, Nevada. The
current revenue volume of the ten stores is approximately
$925,000 per month.
"These stores are located in major population areas in which we
can add numerous additional stores," said R. Charles Loudermilk,
Sr., Chairman and Chief Executive Officer of Aaron Rents. "By
expanding on this base of now Company-operated stores, we
believe we will be able to further penetrate these and other
nearby markets rapidly and efficiently."
Aaron Rents, Inc. now operates more than
1,075 Company-operated and franchised stores in 45 states,
Canada, and Puerto Rico.