easyhome LTD

Description

easyhome is a Lease-T-Own concept based in Canada. We are the third largest LTO company in North America. easyhome offers consumers with poor credit or no credit access to consumable goods. We lease furniture, electronics, computers, and appliances.

Background

Year Established: 1999
Year First Franchised: 2008
Franchised Units: 10-50
Actual number of units: 29
Company Owned Units: 230
Projected New Units (12 months): 15

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wyoming

Avail. in Canada: Masters/Area Developer: Yes


Notes:

States/Countries Registered In: Canada, US
Availability in Canada: Masters / Area Developer Yes
States, from which Broker Referrals are not being accepted: Minnesota, Wisconsin, New Jersey, Oklahoma and Kansas.

 

Financial / Terms

Cash Investment: $200,000
Minimum Investment: $600,000
Minimum Net Worth: $600,000
Franchise Fee: $30,000

Royalty: 3% first year / 5% after first year
Ad: N/A
Average # of Employees: 5 to open the store
Passive Ownership Allowed: No
Earnings Claims: No


Notes:

Total Investment: single unit $600,000 -$750,000
Discounts: VetFran, Women, Minorities? No
Passive Ownership Allowed: Possibly, inquire with corporate

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Canada
Single Unit Availability Outside U.S.: Yes
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate


Notes:

International Opportunities: Not beyond Canada
Countries, outside of United States, where the concept is currently available or plans to expand: Canada

 

Support & Training Provided

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Notes:

Training:

Franchise is required to complete field training and attend home office orientation. Training is available after store opening as well.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474