RNR Tire Express

Overview

Website: rnrfranchise.com/

Franchise Fee: $45,000

Royalties: 5%

Cash Investment: $500,000

Total Investment: $610,297 - $1,547,075

Net Worth: $2,000,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

RNR Tire Express is a leading retailer and installer of automotive replacement tires, custom wheels, and related services such as flat repair and alignments.
With over 20 years of experience and over 190 locations across the country, RNR Tire Express has the proof of concept, profitability, scalability, and sustainability smart franchise investors look for, yet RNR Tire Express still has many prime markets available for multi-unit development.
We carry the top-selling tire brands people trust, including Michelin, Goodyear, Bridge Stone, and Pirelli, along with BF Goodrich, Firestone, Cooper, and many more.
We specialize in servicing an under served market of customers who don’t often have credit cards or the cash on hand to pay for replacement tires and custom wheels. RNR Tire Express franchisees implement a unique lease-purchase, pay as you go model allowing franchisees to make money both
on the sale of the tires, custom wheels, and related services and lucrative lease payments for those customers who want and need time and payment flexibility.
WHY RNR Tire Express?
Recession Resistant
High Growth - High Profitability
Do not compete against Amazon - Wal-Mart
OUR IDEAL FRANCHISEE
Does not have to be mechanically inclined
Strong Leadership
Connection with Community
AVAILABLE MARKETS
US markets available: All except Minnesota and Wisconsin
HOT Regions/Desirable: Houston, Dallas, Nashville, Philadelphia, Seattle, Salt Lake City, Chicago, Cleveland, Boston, Oregon
NOT available: Minnesota and Wisconsin
Available in Canada: Yes
International Referrals: Yes
BACKGROUND
Year founded: 1999
Year Franchised: 2003
Number of franchises currently operating: 195
Number of corporate owned franchises: 24
Home Based: No
Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 5
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $45,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $610,297 - $1,547,075 Multi-Unit: $735,797 - $1,672,575
Net worth requirement: $2,000,000
Royalty: 5%
Additional fees: Local Advertising 5%
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Training and support program details:
Comprehensive four-week training program. Two weeks of classroom and hands-on at the RNR headquarters in Tampa and two weeks on site at the franchisee's location. Specialized training is provided to all team members regardless of background or experience. Ongoing training is regularly available through the RNR University (online) and in person per request.
Cost for Training: $0
Lodging and airfare included: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Mentor following training: Yes
Length of mentoring Franchisee: 1 year

Why RNR Tire Express?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1999

Year Franchised: 2003

Home Based: No

Financial Details

Franchise Fee:$45,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $610,297 - $1,547,075
Net Worth Requirement:$2,000,000
Royalty:5%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: