Premier Rental-Purchase franchise
2025 filing · October 3, 2025GrowingShares sales figures
Premier Rental-Purchase at a glance
A rent-to-own store renting furniture, appliances, computers, electronics and jewelry to customers. At the end of 2025 there were 49 Premier Rental-Purchase locations in the US, all franchised.
The business
- Industry
- Retail
- Franchisor
- Premier Rental Purchase, Inc
- The company that sells the franchises
- Franchising since
- 2005
- 20 years of selling franchises
- Franchisor based in
- Williamsburg, Virginia
What you pay
- Cost to open
- $460K–$747K
- A new start-up store
- Franchise fee
- $45,000
- As low as $25,000 for experienced operators and existing franchisees
- Royalty
- 5%
- A licensing fee of the greater of 5% of gross rental payments and sales or $2,500 a month (waived for a new store's first three months), plus a 3% marketing fee
- Brand fund
- Yes
- 3.0% of rental payments and sales or $2,500 a month, whichever is more
- Renewal fee
- See terms
- Minimum of $5,000 Maximum of 50% of then-current initial franchise fee
- Agreement length
- 5 years
Where it is
- US locations, 2025
- 49
- Franchised and company-owned
- Franchised
- 49
- Company-owned
- 0
- Change in 3 years
- +7
- Franchised locations, 2023–2025
- States
- 16
- Most in Texas, Indiana and Ohio
From Premier Rental Purchase, Inc’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Premier Rental-Purchase among all franchises with the same figure.
| Figure | Premier Rental-Purchase | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $603,248 | Costs more than 71% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 49 | More than 64% of franchises |
| Sales per locationYearly, as the brand reports it | $1,152,782 | Higher than 70% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.9× | Higher than 62% of brands that share sales figures |
How much a Premier Rental-Purchase franchise costs
Opening a new start-up store costs an estimated $459,675 to $746,820. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are inventory ($275,000 to $350,000) and leasehold improvements ($5,000 to $125,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Franchise Fee | $45,000 | ||
| Reservation Agreement | $0 | $500 | |
| Business Plan Development Services | $0 | $5,000 | |
| Site Evaluations | $0 | $1,500 | |
| Lease Negotiations for Franchised Business Premises | $0 | $6,000 | |
| Market Area Evaluation | $0 | $250 | |
| Loan Origination Costs | $0 | $35,000 | |
| Training | $1,600 | $5,000 | |
| First Month’s Rent and Security Deposit | $7,000 | $17,000 | |
| Leasehold Improvements | $5,000 | $125,000 | |
| Payroll Processing Start-Up | $1,500 | ||
| APRO Membership | $375 | ||
| Furniture, Fixtures, Store Security Equipment, Computer Equipment, Signs | $12,000 | $20,000 | |
| Inventory | $275,000 | $350,000 | |
| Ideal Software License | $3,700 | $7,695 | |
| Delivery Vehicle | $0 | $2,000 | |
| Insurance | $3,500 | $5,000 | |
| Store Opening Promotion and Advertising | $30,000 | ||
| Additional Funds During the First Three Months of Operation | $75,000 | $90,000 | |
| Total | $459,675 | $746,820 | |
Source: Premier Rental Purchase, Inc, 2025 filing, page 23
Premier Rental-Purchase franchise fee
The franchise fee is $45,000, as low as $25,000 for experienced operators and existing franchisees. You pay it when you sign the franchise agreement.
Source: Premier Rental Purchase, Inc, 2025 filing, page 11
Royalty and ongoing fees
| Royalty | A licensing fee of the greater of 5% of gross rental payments and sales or $2,500 a month (waived for a new store's first three months), plus a 3% marketing fee. |
|---|---|
| Brand or marketing fund | 3.0% of rental payments and sales or $2,500 a month, whichever is more. |
| Transfer Fee | $15,000 |
| Renewal Fee | Minimum of $5,000 Maximum of 50% of then-current initial franchise fee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Premier Rental Purchase, Inc, 2025 filing, page 13
Other fees as filed, from page 19. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Premier Rental-Purchase publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $1,152,782
- Median sales
- $797,071
Yearly figures for fiscal 2025, covering franchised stores open all of the fiscal year ended June 30, 2025 that reported results (34 locations). The average is about 1.9 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Premier Rental Purchase, Inc, 2025 filing, pages 61–62
SBA loans to Premier Rental-Purchase franchisees
Lenders approved 83 SBA 7(a) loans for Premier Rental-Purchase franchisees from 2005 to 2026, $32.9M in all. Of the 67 that have ended, 36 were paid in full and 31 were charged off (46.3%). The other 16 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Premier Rental-Purchase | Typical retail brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +17% / +17% | −0.4% / 0% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 7.1% / 9.5% | 5.4% / 18% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical retail brand is the median of the 114 brands in retail franchises with three years of counts.
How Premier Rental-Purchase compares
Of the 302 retail franchises on this site, Premier Rental-Purchase is the 252nd cheapest to open and the 130th largest by number of locations.
| Figure | Premier Rental-Purchase | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $460K | $198K | $222K |
| Cost to open, high end | $747K | $425K | $477K |
| Franchise fee | $45K | $35K | $40K |
| Royalty | 5% | 5.7% | 6% |
| Sales per location | $1.15M | $724K | $794K |
| US locations | 49 | 38 | 21 |
| Shares earnings figures | Yes | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 42 (0) | 0 | +1 | −1 |
| 2024 | 42 (0) | 0 | 0 | 0 |
| 2025 | 49 (+7) | 0 | +10 | −3 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Premier Rental Purchase, Inc, 2025 filing, page 69
Where Premier Rental-Purchase locations are
At the end of 2025, Premier Rental-Purchase had franchised locations in 16 states. The most are in Texas, Indiana and Ohio.
- Texas7
- Indiana6
- Ohio6
- Pennsylvania5
- Nebraska4
- New York3
| State | Franchised |
|---|---|
| Texas | 7 |
| Indiana | 6 |
| Ohio | 6 |
| Pennsylvania | 5 |
| Nebraska | 4 |
| New York | 3 |
| Rhode Island | 3 |
| Virginia | 3 |
| Connecticut | 2 |
| Florida | 2 |
All 16 states
| Illinois | 2 |
|---|---|
| New Hampshire | 2 |
| Georgia | 1 |
| Iowa | 1 |
| Michigan | 1 |
| West Virginia | 1 |
Source: Premier Rental Purchase, Inc, 2025 filing, page 70
Who owns Premier Rental-Purchase?
Premier Rental-Purchase franchises are sold by Premier Rental Purchase, Inc. Its filing names no parent company.
From Premier Rental Purchase, Inc’s 2025 filing, page 7.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 10. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Premier Rental Purchase, Inc, 2025 filing, litigation on page 10, bankruptcy on page 11
Premier Rental-Purchase filings
The figures on this page come from Premier Rental Purchase, Inc’s 2025 filing, issued October 3, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | October 3, 2025 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
