When we last spoke with Shirin Kanji in early 2016 (see MUF, Q1), his company, Impact RTO Holdings, has just closed a 40-unit deal with Rent-A-Center. It was a pretty big move for the family business, which until that point has primarily been in the hotel space. Three years later, we wanted to now how […]
RTO World 2018 officially kicked off early Tuesday morning as attendees made their way to the America’s Center Convention Complex in St. Louis, Missouri. More than 700 attendees and exhibitors shuffled in to pick up their badges, swag bags and plan their schedule for the next few days. Read the full article here
Following in his family’s franchising footsteps, this first-generation American jumped into rent-to-own and is succeeding in leaps and bounds. Read the full article here
Rent-A-Center has been debating a sale in the last year. It also recently begun expanding its franchisee offering, with a Tampa company, Impact RTO Holdings, amassing the single-largest chunk of franchised locations. Read the full article here
Shirin Kanji, senior vice president and chief investment officer at Impact Properties, which has diverse hotel, retail, restaurant, and real estate holdings, watches the market closely and knows that finding the perfect deal for a new build location is difficult. “Real estate that is reasonably priced and well located is hard, so building new is […]
On March 26th, Impact RTO Holdings, the retail division of Tampa-based holdings company Impact Properties, closed a contract to purchase 31 corporate owned Rent-A-Center stores from Jacksonville, FL to Savanna, GA. With 45 existing locations, Impact RTO was already Rent-A-Center’s largest franchisee even before taking on the new stores. Now the holding company is on track to […]
CARSTAR, one of North America’s largest collision repair franchises with nearly 500 units, will expand its presence to Tampa with one of the largest franchise deals in company history. Through a newly established partnership with Impact Properties, a full service investment, operating and development company, CARSTAR will immediately begin acquiring successful body shops in Tampa and searching for local […]
