Recurring revenue makes this an exceptional business!
Have you ever wondered what makes banks, insurance companies and telecommunications companies so profitable?
RECURRING REVENUE!
Make a sale, rent out an appliance, and get paid over and over again!
Before you buy any business, you owe it to yourself to find out more about the magic of "Recurring Revenue"...
Simplify your life...
Make the sale once and get paid over and over again.
Mr Rental makes owning your own business simple ...
If YOU want to:Work smarter, not harder
Spend more time with your family
Create an asset worth selling
Deloitte’s 2004 Franchisee Satisfaction Survey (Benchmark 2004) rated Mr Rental
number 3 in the Top 10 medium sized franchise systems (20 or more franchisees).
We love renting because it's ...
Easy
Hassle Free
Convenient
Simple
Flexible
We are keeping life simple for our customers and we love it!
Renting is a unique industry and our share is growing.
Introducing the Mr Rental Family ...
Mr Rental was founded by Glen and Kerrianne Hickman in 1991 in Queensland,
Australia.
After opening a local video library in Bribie Island, Glen and Kerrianne began
renting appliances such as VCRs and TVs from their store and soon realised they
were making more from appliance rentals than video rentals! And so, Mr Rental
was born!
After 10 years of refining the business model to include business equipment such
as data projectors and computers as well as home appliances such as fridges,
washers TVs, sound systems and game consoles, Mr Rental began franchising in
2001.
The Mr Rental family has since grown to more than 50 outlets throughout
Australia and New Zealand.
The Mr Rental support office includes highly qualified and committed
professionals that assist the greater Mr Rental franchise community with strong
marketing (National & Local Area), business planning, financial advice, clear
operational guidance, customised software and an established communications
system.
Our vision is to be ... "The World's First Choice in Home Appliance Renting"
"Mr Rental appealed to us because of its recurring revenue and lifestyle it
offered. We work 5 days a week in the business which gives us time to spend with
the kids on the weekend. We have generated strong growth in our two stores over
the last two years and now have a solid asset base and a great team, allowing us
to work more on the business, rather than in it."
Mark & Liz Norman, Toowoomba & lpswich, QLD
The Cashflow Advantage
Mr Rental has a business model built on the Cashflow Advantage. That means that
once you rent one appliance, the monthly rental income keeps coming (for an
average of 15 months) without you having to do any more! Regular cashflow helps
keep life simple for you!
Independence and the Lifestyle
Mr Rental makes being your own boss so simple. You'll work 5 days a week
(probably less than you do now) and you'll have the weekends to spend with your
family.
Most of our franchisees operate the business with two people initially - much
simpler to manage than a team of casual employees!
Systems, Support and Training
Mr Rental provides extensive training that will teach you everything you need to
know to start your new business. The best part is that Mr Rental has spent time
developing tools that will help make it simple for you to succeed - as long as
you're passionate about your business!
Mr Rental's own rental software system, CAIROXP, which includes an automated
rental collection system, business KPI reports and customer management system
Demographic and psychographic information about people who rent and where they
live, has achieved growth by target marketing
Manuals, processes and procedures for key areas of your business, including a
suite of local area marketing templates
Your own business coach provided by the Franchisor for ongoing mentoring and
support
Finance Assistance
Mr Rental is a preferred franchise system of National Australia Bank (nab) and
Bank of New Zealand (BNZ). This means that they have undertaken a review of our
system and elected to assist new franchisees with finance. To find out more,
talk to us.
Also, as you grow Mr Rental is able to offer you internal finance options for
the supply of new equipment through Mr Rental Services Pty Ltd.
Lower Cost Store Locations
It's not necessary for Mr Rental to be located in a large shopping centre. In
fact, most of our stores are located in shopfronts on busy streets. There are
three immediate advantages for you...
1. Lots of customers will know where you are as soon as you open
2. You can spend more money on marketing instead of paying exorbitant rent bills
3. You won't have to deal with shopping centre tyrants!
Strong Brand Recognition
Mr Rental has a very strong brand that is highly recognisable. The in-house
marketing department has developed an annual marketing plan that includes high
impact national advertising initiatives (including TV, radio advertising and
catalogue) to increase sales and brand recognition.
Mr Rental stores undertake their own local marketing initiatives to build a
rapport with their
local community, using established Local Area Marketing templates.
Unprecedented Company Culture
Mr Rental has a unique company culture. Based on the principles of integrity and
mutual respect, Mr Rental has created 12 Points of Culture by which all Mr
Rental stakeholders conduct their business. This creates a safe learning
environment and a culture of success!
"Mr Rental has given us the independence of running our own business but we also
have the support and infrastructure of the franchisor. We are part of an
organization with such high ethics and a great culture and we have the comfort
of having other franchisees to share ideas and knowledge".
Mike & Mary Sullivan, Parramatta, NSW.