View all news

Aaron Rents Acquires Seven Rental Purchase Franchised Stores

02/01/1999

ATLANTA, Feb. 1 /PRNewswire/ -- Aaron Rents, Inc. (NYSE: RNT), one of the nation's leading furniture rental and rental purchase companies, today announced the acquisition of seven franchised Aaron's Rental Purchase stores from ACI Investments, Inc. Three of the stores are located in Virginia, three are in Maryland and the seventh is in New Jersey. The stores currently generate approximately $7.2 million in annual revenues.

"These are qual Atlanta, currently has a total of 429 stores in 32 states for the rental and sales of residential and office furniture and accessories, consumer electronics and household appliances. The Company manufactures furniture and bedding at nine facilities in Georgia and Florida.

CONTACT: Gilbert L. Danielson, Executive Vice President, Chief Financial Officer, Aaron Rents, Inc. 404-231-0011/

Multimedia Files:

Categories: Press Releases
View all news