As of Mar 31, 2018, the company had 1,719 Aaron’s Sales & Lease Ownership stores in 48 states and Canada, comprised of 1,182 company-operated stores and 537 independently-operated franchised stores.

In fiscal 2017, 138 net Aaron's Sales & Lease Ownership stores were closed, systemwide (+ 10 company-operated, - 148 franchisees). During the first quarter of fiscal 2018, 7 net Aaron's Sales & Lease Ownership stores were closed, systemwide.

The company leases most of their locations. The majority of leases are for periods that do not exceed 5 years, although lease terms range in length up to 15 years. Lease terms usually contain renewal options for additional periods ranging from 1 to 20 years.

The typical Aaron's Sales & Lease Ownership store ranges from 6,000 to 10,000 square feet, with an average of approximately 8,000 square feet.

Store growth-6.7%-7.4%-8.6%0.7%-2.0%3.8%
Total gross square feet (M)16,50116,56816,88017,98418,48318,895
Total gross square feet growth-1.2%-1.8%-6.1%-2.7%-2.2%3.6%
Avg store gross sq ft9,6009,6009,1008,5008,8008,800
Avg store gross sq ft growth5.9%6.0%2.7%-3.4%-0.2%-0.2%

Notes:Reflects systemwide figures, including company-operated and franchised stores