March 16, 2010
The Mr Rental franchise, specialising in the rental of white goods and appliances, has announced that 2010 is likely to be the final year it is able to offer new territories.
Mr Rental’s General Manager, Alan Payne, said that extraordinary growth last year, which saw the opening of the franchise’s milestone 60th store, meant the group was likely to sell the last of its Greenfield opportunities in both Australia and New Zealand this year.
“Over the course of the next six months, we have another 16 stores opening, quickly taking us to the 80 outlet mark,” he said.
Mr Payne said unprecedented interest was not only coming from prospective franchisees, but also from those who already held one or even two Mr Rental franchises and were looking to expand.
“While many other businesses suffered last year, due to a struggling economy, our organisation only went from strength to strength, and our franchisees reaped the rewards of a financially rewarding business with an equally attractive lifestyle.”
Over the first half of 2010, four Mr Rental stores are due to open in Queensland, another two in Victoria, two in New South Wales, and two more in Tasmania. New Zealand is also set to increase its store quota, with another three stores due to open in 2010.
Mr Rental was founded in 1991 by Glen and Kerrianne Hickman, on Bribie Island, just an hour north of Brisbane on the Sunshine Coast, in Queensland.
It was here that they started their first business venture, opening a local video library. They started renting appliances such as VCRs and TVs from their store and soon realized they were making more from appliance rentals than video rentals. They sold the video store and opened Mr Rental.
For ten years, this enterprising husband and wife team built their business in their local community, developing and optimizing their Mr Rental systems. In 2001 they took the bold move to start franchising, with a vision for Mr Rental to become ‘the world’s first choice in home appliance renting’.
Within two years they had over 30 stores throughout Australia and New Zealand, growing to close to 70 stores today.
Attracting franchisees that are impressed by the strong family culture and lifestyle balance of the organization, Mr Rental is also the Franchise Council of Australia’s 2008 Emerging Franchise System of the Year, and 2009 Marketing System of the Year award winner.
Indeed, the service offered by Mr Rental franchises across Australia and New Zealand has grown in demand among local families, due to a trend of renting rather than buying white goods and appliances, particularly in the current economy.
“Renting is an attractive option for families looking to maximise their cashflow by not having to purchase big ticket items outright, while ensuring they’re not denying their family’s basic needs,” Mr Payne said.
“Our franchisees supply fridges, TV’s, washers, dryers, televisions, sound systems, game consoles and even furniture within 24 hours and look after any repairs or issues with any of the appliances.”
For further information, contact:Kerry McDuling, PR Consultant, P: 0410 578 194
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