Founded in 1979, ColorTyme is one of the oldest franchisors of North America s independently owned and operated rent-to-own stores. Its franchisees operate more than 200 rent-to-own stores in over 30 U.S. states. The company s custom-wheels-and-tires franchise brand, the RimTyme operates nearly 15 stores in approximately five U.S. states. It is a member of the Association of Progressive Rental Organizations. ColorTyme is an independent, wholly owned subsidiary of Rent-A-Center, which is one of the largest rent-to-own companies in the world.