FAQS
- Who is RNR Tire Express?
RNR Tire Express is a national franchise retailer of safe, quality tires and custom wheels with flexible payment options. Established in 2000, RNR has grown to nearly 200 locations in nearly 30 states and has built a culture around “Serving our customers and not just providing them service.”
RNR Tire Express ranks among the largest retail tire stores in the United States. RNR is a proven recession-resistant business model that has become the go-to place for quality tires and custom wheels, offering unique lease-purchase payment options to reach a large, underserved consumer segment who own vehicles, but may not have access to traditional credit.
- What makes RNR Tire Express unique?
We offer customers a unique lease-purchase payment model that allows RNR franchisees to make money on the sale of the tires, custom wheels, and related services as well as extended lease payments. Our pricing model appeals to an underserved consumer niche of middle-income blue-collar or early-career, white-collar Americans, who are affluent enough to own a car, but may not have the credit or cash available to purchase tires. Over 85% of our customers choose this option, giving us a unique niche within the $41-Billion tire industry.
- What are the startup costs?
Startup costs typically range from $703,561 to $1,687,275, according to our Franchise Disclosure Document (FDD). See a full breakdown of your initial startup costs in Item 7 of our latest FDD, which you can request by filling out the form below.
Third-party financing is available.
- How much money can I make?
In 2023 the average location generated $1.85M* in sales and showed an operating income of $271,300K*, a 14.6% net profit*. More than 80% of RNR Tire Express franchisees own multiple locations and plan on opening more. We do make financial performance representations in Item 19 of our 2024 Franchise Disclosure Document (FDD). You can fill out the contact form to learn how our franchisees are performing.
*Disclaimer
*The figures above reflect averages for the 20 top revenue stores (12.4%) of the 161 stores reporting that opened in 2021 or prior and have been open at least 24 months. These averages are based on a 52-week annual period from January 1, 2023 through December 31, 2023. Of these 20 stores, 7 (30%) had higher total revenue and 9 (45%) had higher operating income. Of these 20 stores, 10 (50%) surpassed the Median numbers. Some outlets have earned this amount. Your individual results may differ. There is no assurance that you will earn as much. Entrepreneur – Franchise 500 “Ranked #1 in Category” was for the years 2009, 2010, 2014, 2016-2018, 2021 and 2022. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only.
Currently, the following state regular the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of or you want to local a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. Franchise offerings are made by Franchise Disclosure Document only. © RNR Tire Express 2024 All rights reserved.
- Do I need automotive or lease-purchase experience?
Not at all. We’d rather teach you our lease-purchase and automotive model. As part of your RNR UNIVERSITY training program, you’ll spend valuable time in one of our company-owned stores as well as have access to our extensive online training videos and resources.
- How do I find a location?
We have significant data on the demographics of our customers. We know how far they travel, their median household income, ethnic makeup, and we understand the location requirements that give you the best opportunity for success. RNR Tire Express will help you with zoning and permitting. Our team will evaluate locations for viability as you provide them to us.
- What brands will I carry?
By becoming an RNR franchisee, you can leverage our national vendor relationships to obtain additional buying power of today’s top brands. We carry the top-selling tire brands people trust, including Michelin, Goodyear, Bridgestone, and Pirelli, along with BF Goodrich, Firestone, Cooper, and many more.
- How long does it take to open?
Your first location will generally open within 6-12 months of signing your agreement. If your site has already been identified and approved, the time to open can be reduced considerably.
- How does RNR help franchisees with marketing?
Our experienced marketing team stays on the cutting edge of advertising trends and techniques. We have proven, ready to launch campaigns and social media strategies to kickstart and continually support your stores’ growth. We’ll cover these essential marketing and customer relationship management tools as well as the ongoing support we offer at length during Discovery Day and your training.
RNR will help with your soft opening and grand opening by creating a customized marketing plan specific to your location, and we will provide all creative collateral for your advertising buys.
- What are the available territories?
RNR Tire Express franchisees opened over 63 franchise locations in the last several years and plan on opening many more. However, prime development territories still exist. Please fill out the contact form and a RNR franchisee specialist will help you determine if your desired territory is available.
- What are the next steps?
Fill out the form below to download our Franchise Information eBook and then set up a no-obligation call with a RNR franchisee recruitment specialist.