When we last spoke with Shirin Kanji in early 2016 (see MUF, Q1), his company, Impact RTO Holdings, had just closed a 40-unit deal with Rent-A-Center. It was a pretty big move for the family business, which until that point had primarily been in the hotel space. Three years later, we wanted to know how Kanji had transitioned into operating the Rent-A-Centers.
“So well that we’ve added 36 more Rent-A-Center locations in Florida and Georgia,” he says. “We also entered the Carstar brand by acquiring two existing collision repair shops and converting them to Carstar shops.” And of course, there are plans to open more.