Majik Enterprises International

What Majik Enterprises International does

Majik Enterprises International, operating as Majik Rent-to-Own, is a privately held, family-owned rent-to-own retailer founded in 1984 and headquartered in Lancaster, Pennsylvania. The company operates 14 retail showroom locations across central Pennsylvania and serves consumers who cannot qualify for traditional credit, offering furniture, mattresses, appliances, televisions, computers, gaming systems, phones, tablets, electronics, fashion items, and seasonal products under weekly, bi-weekly, or monthly rental agreements with no credit check and a path to ownership via Same As Cash and Early Purchase Options.

The underlying platform combines a brick-and-mortar retail network with an e-commerce storefront at gomajik.com, an online payment system, a myMajik customer portal for account management, and a mobile application. The Majik+ benefits program adds rental protection, everyday savings, and partner discounts on health services, gasoline, and groceries. Operations are domestic and geographically concentrated in central Pennsylvania; Spanish-language support is offered on the website. Free delivery and setup, free in-period repairs, lifetime reinstatement of agreements, and penalty-free returns are marketed as core service differentiators.

Revenue is generated through recurring rental payments on subscription-like contracts, with weekly pricing starting at approximately $17.76 for Everyday Value items and extending to $50+ per week for larger furniture sets. Mattresses begin at $9.99/week; appliances range from $14 to $40+/week. The company is privately held, has no disclosed institutional investors, no funding rounds, no acquisitions, and no executive roster published in the source materials.

Name

Majik Enterprises International

Legal name

Majik Enterprises International

Website

https://gomajik.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

Majik Enterprises International is a family-owned, central Pennsylvania rent-to-own retailer operating 14 stores and an e-commerce site, serving subprime and credit-constrained consumers with furniture, appliances, electronics, and computers on flexible weekly, bi-weekly, or monthly rental agreements.

Ownership category

akta.pro rank

Product category

Rent-to-Own Retail Services

NAICS

Consumer Goods Rental (5322), Consumer Electronics and Appliances Rental (532210)

SIC

Retail-Misc General Merchandise Stores (5399)

akta.pro primary industry

Rent-to-Own Home Furnishings (Store-Based) (CRAIAOAE)

akta.pro secondary industries

Furniture Rental (Living, Dining, Bedroom) (CRAIAOAA), Mattress & Sleep Products Rental (CRAIAOAB), Rent-to-Own (RTO) & Lease-to-Own Consumer Financing (FSAKAOAC)

Keywords

• Rent-to-own retail
• Furniture rental
• Appliance leasing
• Consumer electronics rental
• Flexible payment financing

Headquarters

HQ city

Mountville

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Rental Payments: Customers pay weekly, bi-weekly, or monthly rental payments for furniture, appliances, electronics, and computers. Once all payments are completed (or Same As Cash/Early Purchase Option is exercised), the item becomes owned by the customer. This is a subscription-like recurring revenue model based on rental agreements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Majik Enterprises International operates a rent-to-own retail business under the Majik Rent-to-Own brand, leasing furniture, mattresses, appliances, televisions, computers, gaming systems, tablets, phones, electronics, fashion, and seasonal items to consumers through flexible weekly, bi-weekly, or monthly payment plans with no credit check. Customers can browse and apply online or in any of 14 Pennsylvania showrooms, receive free delivery and setup, and ultimately take ownership through completion of payments or by exercising Same As Cash / Early Purchase Options.

Product overview

Majik Enterprises International operates a rent-to-own retail business with a unified platform offering furniture, mattresses, appliances, electronics, computers, gaming systems, phones, tablets, fashion items, and seasonal products. The company provides flexible payment options (weekly, bi-weekly, or monthly) with no credit checks, free delivery and setup, and a path to ownership through their rent-to-own model with 'Same As Cash' and 'Early Purchase Options.' Their main product categories (Furniture, Mattresses, Appliances, Televisions, Computers, Gaming, Phones, Tablets, Electronics, Fashion, Seasonal) are available as individual rent-to-own items, with additional services like Majik+ benefits program and myMajik customer portal for account management and online payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Furniture

Quantifiable outcome

• Free delivery and setup included with every order
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Conn's HomePlus: Specialty retailer offering furniture, mattresses, appliances, and electronics with both cash/credit and lease-to-own financing options through in-house credit program. Comparable customer base (subprime, credit-challenged) and product mix to Majik's.
• Snap Finance: Lease-to-own financing provider serving near-prime and subprime consumers for furniture, mattresses, automotive, and healthcare. Directly comparable to Majik's Same-As-Cash and weekly payment offerings but distributed through retailer integrations.
• Rent-A-Center: Largest U.S. rent-to-own operator with national footprint across furniture, appliances, electronics, and computers. Most direct competitor to Majik with nearly identical product categories, weekly payment model, and Same-As-Cash/early purchase options; differs only in scale and geographic reach.
• Aaron's Holdings: Major publicly traded rent-to-own and lease-to-own retailer offering furniture, appliances, electronics, and mattresses through owned stores and progressive leasing virtual channel. Directly comparable to Majik on product mix, customer base, and contract structure.
• Progressive Leasing: Virtual lease-to-own provider serving subprime consumers at retailers without dedicated RTO stores. Owned by Aaron's, it represents the digital/omnichannel evolution of Majik's traditional store-based RTO model.
• Buddy's Home Furnishings: Growing rent-to-own chain serving subprime customers with furniture, appliances, and electronics on weekly/monthly contracts. Closest comparably sized multi-store RTO operator to Majik, with similar no-credit-check value proposition.
• FlexShopper: Online rent-to-own marketplace offering furniture, electronics, and appliances to subprime consumers via lease-to-own contracts. Represents the digital-native competitive threat to Majik's traditional store-and-online hybrid.
• Acima Leasing: Lease-to-own financing provider enabling subprime customers to acquire furniture, electronics, and appliances at independent and national retailers. Now owned by Rent-A-Center, representing the channel-partner evolution Majik's brick-and-mortar model competes against.
• CORT Furniture Rental: National furniture and household goods rental company serving residential, corporate, and trade customers. Comparable to Majik on furniture rental operations but with a more premium and relocation-focused customer base.

Broad incumbents

• BrandsMart USA: Large appliance and electronics retailer offering credit-based installment plans through third-party financing partners. Overlaps with Majik's appliance and electronics categories but does not specialize in rent-to-own or subprime financing.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gomajik
• Instagraminstagram.com/gomajik
• Xx.com/goMAJIK

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Majik Enterprises International