RNR Tire Express logo

RNR Tire Express

Tire and custom wheel sales and rentals
Investment
$711,561
Initial Franchise Fee
$45,000
Units
207
Growth Rate
+22.5%

Overview

Industry
Automotive
Founded
1999
Franchising Since
2003
Parent Company
SPF Mgt. Co. LLC
Leadership
Larry Sutton, President & Founder
# of Employees at HQ
36

Units and Growth Chart

About RNR Tire Express

Founded in 1999, RNR Tire Express is parented by SPF Mgt. Co. LLC. It is headquartered in Tampa, Florida. The franchise offers a wide selection of brand-name tires and wheels for sale and rental. In addition to this, they also offer free professional installation as well as quality customer service. The franchisor will provide initial training programs and various ongoing support options to help franchisees start and operate their franchise.

Why Should You Start an RNR Tire Express Franchise?

When considering opening any business, the first step is to evaluate the overall opportunity within the industry. Eighty-eight percent of Americans own at least one car, putting wheels and tires in high demand. Time and again, individuals will spend heavily on tires and auto services. Unlike some other competitors, RNR Tire Express has multiple payment options. This improves its market share in this industry because it provides customers with the products they need on a budget and time frame they can afford. 

RNR Tire Express is a unique automotive industry brand selling custom tires and wheels to customers on a “Rent-and-Roll” basis, meaning the customer gets their wheels of choice and pays later. The customer will bring their driver's license, vehicle registration, pay stub, and proof of where they live to get the wheels of their choice.

Payments can be made weekly, bi-weekly, or monthly, depending on the customer's purchasing power. Currently, RNR Tire Express has over 100 franchises across the United States.

What Might Make an RNR Tire Express Franchise a Good Choice?

RNR Tire Express has been franchising since 2003. To become a franchisee, you must pay an initial franchise fee and other startup costs. Franchisees must also meet the company's set net worth and liquid capital requirements. A franchise term lasts ten years and might be renewed if both parties choose to do so. 

As you review the franchise opportunity, it would be wise to speak to a financial planner and attorney as you make ready to sign a contract with RNR Tire Express.

If a franchisee is interested in operating their unit as an absentee franchisee, they can franchise and operate a location with a team of about six employees.  

How to Open an RNR Tire Express Franchise

As you decide whether to buy a franchise with RNR Tire Express, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for possible growth.

After getting started as a franchisee with RNR Tire Express, you will need to attend a discovery day in Florida. Here, you have the opportunity to meet the team in person. You will also be able to ask any outstanding questions at this meeting before reviewing the Franchise Disclosure Document. 

Once deciding to join RNR Tire Express as a franchisee, you will complete training at RNR Tire Express University and prepare to open your store.

Investment Details

Initial Franchise Fee
$45,000
Initial Investment
$711,561 - $1,712,275
Net Worth Requirement
$2,000,000
Cash Requirement
$500,000
Royalty Fee
5%
Ad Royalty Fee
0
Technology Fee
0
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
$15,000 off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington West Virginia Wyoming
International

Continents

Canada

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
66 hours
Classroom Training
39 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
6
Are exclusive territories available?
Yes

Ranking History

RNR Tire Express performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where RNR Tire Express ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022