|Price Range 12mo avg:||$567K – $1.8M|
|$/sf 12mo avg:||$130|
|CAP Rate 12mo avg:||7.44%|
|Lease Terms:||10yrs NNN|
|Building Size avg:||10,260 SF|
|Lot Size avg:||1+/- acres|
Aaron’s, Inc. (NYSE: AAN) is a specialty retailer serving consumers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and accessories in over 2,100 Company-operated and franchised stores in the United States and Canada. The Company was founded in 1955, is headquartered in Atlanta and has been publicly traded since 1982. Aaron’s is the industry leader in serving the moderate-income consumer and offering affordable payment plans, quality merchandise and superior service.
This has been a milestone year at Aaron’s. In April, Aaron’s completed the transformative acquisition of Progressive Finance resulting in the strategic positioning of the Company as the leader in both the traditional rent-to-own (RTO) industry as well as the emerging virtual rent-to-own (RTO) space. The acquisition supports the Company’s strategy to address credit-challenged customers’ changing needs for acquiring home furniture, electronics and appliances as the consumer population leans more toward a multi-channel acquisition of goods and services.
Aaron’s plan to reshape the core business focuses on same store revenue growth, enhancing Aaron’s online platform, driving cost efficiencies, moderating new store growth, and strengthening the franchise network. The Company has been aggressively developing its online strategy while working towards the rollout of an e-commerce platform in early 2015. This demonstrates Aaron’s strategic initiative to reach its customers in an ever evolving marketplace.
|S&P Credit Rating:||N/A|
|Moody’s Credit Rating:||N/A|
|Annual Revenue 2014:||$2.73B|
|Annual Revenue 2013:||$2.23B|
|Revenue Growth:||↑ 1.8% from 2013|
|Units (Dec. 2014)||2,108|
|Average Units Volume:||$1.292M|
Yahoo! Finance: AAN News Latest Financial News for AAN
15 Best Undervalued Stocks to Buy Now
on January 14, 2021 at 5:34 pm
In this article, we present to you the 15 Best Undervalued Stocks to Buy Now. If you’re in a hurry, click to skip ahead and jump to the 5 Best Undervalued Stocks to Buy Now. Investing in the stock market could be difficult. We can classify investors based on their portfolios. The low risk-takers who [… […]
Aaron's Delivers $25,000 to Support Veterans' Mental Wellness
on January 5, 2021 at 5:15 pm
The Aaron's Company (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, announced a $25,000 donation to Mission 22, a national nonprofit organization dedicated to supporting veterans who are battling post-traumatic stress disorder, traumatic brain injury and other issues related to mental health and wellness. […]
Aaron's & Former NFL Stars Deliver "Homes For The Holidays"
on December 18, 2020 at 5:59 pm
The Aaron's Company, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, partnered with former NFL stars Warrick Dunn and Kurt Warner this fall to bring first-class furnishings to five "Homes for the Holidays" surprise presentations across the country, representing a $50,000 commitment to help single parents achieve first-time homeownership. […]
Aaron's Joins Fight For Affordable Housing In Atlanta
on December 10, 2020 at 4:42 pm
The Aaron's Company, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, announced a donation of $10,000 to the Westside Future Fund, an initiative that aligns the efforts of the public and private sector to provide affordable housing in one of Atlanta's most impoverished communities. The donation comes amidst a new push by the Westside Future Fund to raise $500,000 by the end of 2020 to help alleviate additional hardship caused by the coronavirus pandemic, specifically food insecurity. […]
5 Business Services Companies to Consider in December
on December 4, 2020 at 10:58 pm
Stocks have good business profitability and are trading at attractive GF valuations […]