
Website: www.bigofranchise.com
Franchise Fee: $17,500
Royalties: 10% (Includes Marketing)
Cash Investment: $100,000
Total Investment: $511,000 - $1,882,500
Net Worth: $350,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
In 2019, Big O Tires is ranked #1 in Category by Entrepreneur. Big O Tires continues to expand into new markets. Big O Tires is owned by Michelin & Sumitomo.
Big O's founding fathers were a handful of progressive independent tire dealers who decided to band together to form a tire-buying cooperative so that they could secure volume pricing and keep their customers happy. Their concept worked. In the years that followed, the Big O Tires co-op evolved into a full-fledged franchise as it continued to find innovative ways to harness the power of the collective to benefit independent dealerships and their customers.
As a new franchise owner, you’ll go through our New Franchise Orientation (NFO), a primer designed to help you understand what makes Big O Tires one of the leading tire franchises in North America. More importantly, you will be guided through our experience-focused culture, learning to create outstanding customer interactions each and every time. You will also receive access to our online training site, Big O Tires Academy, which boasts over 400 cataloged courses.
WHY Big O Tires?
Car technology exploding
Tires & Brakes exploding
Non-contracting sector
OUR IDEAL FRANCHISEE
Sophisticated
High Level of Leadership & Management Skills
Professional
P&L Acumen
AVAILABLE MARKETS
US markets available: CA, WA, OR, NV, ID, AZ, UT, MT, WY, CO, NM, TX, OK, KS, NE, SD, ND, MN, IA, MO, AK, WI, IN, KY. TN, OH, and VA.
NOT available:
Available in Canada: NO
International Referrals: NO
BACKGROUND
Year founded: 1962
Year Franchised: 1962
Number of franchises currently operating: 450+
Number of corporate owned franchises: 0
Home Based: NO
Absentee ownership available: Please call for details
Accepting Master Franchisor and Area Developer Referrals: NO
Average number of employees required: 8 - 12
E2 Visa Friendly: NO
FINANCIAL DETAILS
Franchise Fee: Single: $17,500
Providing earnings guidance in Item 19 in FDD: YES
Total investment range: $511,000 - $1,882,500
Net worth requirement: $350,000
Royalty: 10% (Includes Marketing)
Additional fees: see FDD
Financial assistance available: NO
VetFran program: YES, 50% off initial franchise fee
SUPPORT & TRAINING PROVIDED
Training and support program details:
2 Weeks in Classroom
2 Weeks in Store
Cost for Training: $7,800
Lodging and airfare included: YES
Site Selection Assistance: YES
Lease Negotiation Assistance: YES
Mentor following training: YES
Length of mentoring Franchisee: 12 Weeks
For Client Introductions CLICK HERE
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Year founded: 1962
Year Franchised: 1962
Home Based: No
| Franchise Fee: | $17,500 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | YES |
| Total Investment Range: |
Single Unit: $511,000 - $1,882,500 |
| Net Worth Requirement: | $350,000 |
| Royalty: | 10% (Includes Marketing) |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.