Kelly Rentals Converts To Aaron Rents

(Wednesday, February 25, 2009) - Kelly Rentals, which operates 23 sales and leasing stores in North Carolina and Virginia, is converting its locations to franchised Aaron Rents stores, Atlanta-based Aaron Rents announced Monday.

Because of some geographic overlaps with existing Aaron's stores, the agreement will involve several acquisitions and account mergers between Kelly's and several Aaron's franchisees. When the deals are completed, Kelly's will operate 15 Aaron's stores in Virginia and three in North Carolina. The owners of Kelly's also have an agreement to add three additional Aaron's Sales & Lease Ownership stores over the next several years.

"Last month marked the 25th anniversary of Kelly's operations and we are excited to have them bring their knowledge and expertise into the Aaron's system," said Ken Butler, COO of Aaron Rents, which has 1,557 company-owned and franchised stores. "It is apparent from this transaction that they also see great value in joining our well-established, highly successful franchise program."

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