FRENT is an AI-enabled online platform that adopts a unique FAAS (Furniture As-a-Service) business model.
It provides hassle-free transitions to peoples’ lives by offering affordable, stylish and customized furniture for rent on flexible monthly subscription plans.
Our services include furniture delivery, installation, maintenance and pick-up at the end of the subscription. Customers can also choose to walk into a move-in ready home while upgrade/change the furniture at any point in time.
FRENT integrates the principles of the circular economy - reducing wastage and increasing the longevity of a furniture’s life by Refurbishing, Reusing and Re-Renting it, thereby maintaining a sustainable practice impacting the triple bottom line of social, environmental and financial goals.
Our target market segment includes:
• International Students
• Tenants renting apartments
• Property Managers - for Home staging & converting an unfurnished unit to a furnished unit.
• Realtors for Home Staging
• Airbnb Hosts and Short-term rentals
• Executive furnished suites for corporations.
After successful execution for more than 4 years, the company's operation was concluded due to severe impact of COVID -19 .
Following are some of the key highlights during this 4 years:
1. Total Revenue of CAD 100,000+.
2. Monthly Recurring revenue grew by more than 500%.
3. 50+ Unique customers subscribed for more than 6 months of furniture rentals.
4. Average monthly recurring revenue of CAD 4,000 (FY 2019 - 20).
5. Recognition from local start up community.
Company Details
- Founded
- -
- Address
- 9007 Hub Mall, Edmonton,ab T6g 2c5,canada
- Industry
- Consumer Services
- NAICS
-
Other Services (except Public Administration)Religious, Grantmaking, Civic, Professional, and Similar OrganizationsSocial Advocacy OrganizationsHuman Rights OrganizationsEnvironment, Conservation and Wildlife OrganizationsOther Social Advocacy Organizations
- Website
- furniturerent.ca
- Keywords
- Edmonton.
- HQ
- Edmonton, AB
- Competitors
- Nawab's Furniture Store, Our Furniture Store, Frent Agro Comercio e Exportação de Grãos, Oak Furniture Store NZ & AU, B&B furniture store, Haroth Furniture-Online Furniture Shopping Store., Best Office Furniture Store, FRANCOMARIO FurnitureStore, Furniture Store, Modérnika - Furniture Store.
Frent - Online Furniture Rental Store Questions
Frent - Online Furniture Rental Store's website is furniturerent.ca
Frent - Online Furniture Rental Store's LinkedIn profile is https://ca.linkedin.com/company/getfrent
Frent - Online Furniture Rental Store's industry is
Consumer Services
Frent - Online Furniture Rental Store's top competitors are
Nawab's Furniture Store,
Our Furniture Store,
Frent Agro Comercio E Exportação De Grãos,
Oak Furniture Store Nz & Au,
B&b Furniture Store,
Haroth Furniture-Online Furniture Shopping Store.,
Best Office Furniture Store,
Francomario Furniturestore,
Furniture Store,
Modérnika - Furniture Store.
Frent - Online Furniture Rental Store's categories are Consumer Services
Frent - Online Furniture Rental Store's founding year is 2018
