Salt Lake City – On the heels of its significant growth which includes opening a new store for each month for 15 consecutive months, RNR Tire Express & Custom Wheels (RNR), the fastest-growing tire and custom wheel franchise in the nation, announced today that it has identified Salt Lake City as the next expansion hub for the brand. Specific cities targeted for development include Salt Lake City, Bountiful, Layton, Ogden, West Valley City, Murray, Sandy and Orem/Provo.
Responding to consumer’s demands for a flexible pay-as-you-go tire and wheel business model, RNR unveiled its plans to bring eight shops to the market. The brand has carved out a unique niche in the tire and wheel industry with its convenient, no hassle payment plans that fit each customer’s budget.
RNR offers and professionally installs high quality tires and custom wheels to a growing underserved market and has established a business model that allows clients to pay off name brand tires and wheels on a weekly or monthly plan that is affordable to them.
“With our professionally installed, high quality tires and custom wheels, our brand continues to fill a void in the marketplace,” said Larry Sutton, founder and president of RNR Tire Express & Custom Wheels. “Salt Lake City has tremendous long term growth potential and we look forward to finding the right franchise partner in order to bring our unique retail experience to the people of Salt Lake City.”
Founded in 2000 by rent-to-own veteran Larry Sutton, RNR has since grown to almost 100 locations in 22 states. The brand has experienced significant organic growth with 16 franchisees operating 86 locations, and over the past 15 months, RNR has opened a new store every month. As the brand looks to continue its expansion across the county, RNR is seeking qualified multi-unit franchisees. With a corporate culture that allows franchisees to have a high degree of entrepreneurial freedom and a proven record of same-store revenue growth for three consecutive years, RNR offers numerous benefits for prospective franchisees. The initial franchise fee for RNR is $35,000 with the total single-unit investment ranging from $400,000 – $600,000.
About RNR Tire Express & Custom Wheels:
RNR Tire Express & Custom Wheels is a national franchise retailer of quality tires and custom wheels offered with convenient, no credit hassle payment plans designed to fit each client’s unique budgets. Established in 2000 by rent-to-own veteran, Larry Sutton, RNR has grown to almost 100 locations in 22 states. The brand recently ranked as the No. 1 category leader for tires & wheels in Entrepreneur Magazine’s 2016 Franchise 500 list and took home two spots on Tire Business’ 2015 Annual Report coming in at No. 15 for total revenue and No. 18 for total locations. RNR Tire Express & Custom Wheels is seeking qualified multi-unit franchisees to expand even further nationally with prime markets available throughout the country. For more information about RNR, or to inquire about franchise opportunities, visit http://www.rnrfranchise.com/.