Mr Rental Franchising informs that the ‘personal and households goods hiring’ industry is worth more than $380 million annually. The retail business notes that there are over 760 establishments in Australia. The home appliance rental business says that appliance rental is growing popular due to product evolution and innovation, and ease and flexibility of rental procedures.
Mr Rental Franchising offers franchisees with a business model that ensures long term profitability on recurring revenue. The retail business also offers financing options to franchisees, an exclusive software programme and research into customer target markets.
Mr Rental Franchising reports that franchising in Australia has a share of about 14 per cent in the national GDP of Australia. Franchising sector employs 426,400 Australians in an estimated 960 business format franchise systems in Australia, according to a 2006 figure. Mr Rental Franchising provides the fact that franchise systems had grown at a rate of 12.9 per cent from 2004 to 2006.
12-Jan-2008