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Investment

What is my investment?

RNR selection

The typical franchisee invests $703,561 – $1,687,275MM in a new location including working capital.

Please review the table for investment ranges found in our current Franchise Disclosure Document (FDD) below.

Some of the items below have been combined by category.

The following will provide you a complete description of Item 7 Fees:

Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be Made
Initial Franchise Fee (1)
$45,000
Lump Sum
When Franchise Agreement Signed
Us
Location Study/ Demographic Analysis (1)
$500
Lump Sum
When Franchise Agreement Signed
Us
Rent – 3 Months (2)
$15,000 to $45,000
As Arranged
As Arranged
Landlord
Security Deposits (3)
$5,000 to $20,000
As Arranged
As Arranged
Landlord, Utility Companies
Leasehold Improvements (4)
$100,000 to $400,000
As Arranged
As Arranged
Contractors
Shop Equipment (5)
$11,000 to $200,000
As Arranged
As Arranged
Suppliers
Furniture, Fixtures and Décor (6)
$10,000 to $50,000
As Arranged
As Arranged
Suppliers
Vehicle – 3 months (7)
$2,100 to $2,700
As Arranged
As Arranged
Supplier
Computer Hardware and Software (8)
$5,186 to $28,800
As Arranged
As Arranged
Supplier
Initial Inventory (9)
$75,000 to $100,000
As Arranged
As Arranged
Suppliers
Blue Prints, Licenses and Permits (10)
$25,000 to $50,000
As Arranged
As Arranged
Architect, Government Agencies
Signage (11)
$20,000 to $60,000
As Arranged
As Arranged
Supplier
Insurance – Annual Premium (12)
$15,000 to $25,000
As Arranged
As Arranged
Insurance Companies
Grand Opening Advertising (13)
$36,000 to $102,000
As Arranged
As Arranged
Suppliers
Change Fund (14)
$300
Lump Sum
As Incurred
Your Store
Professional Fees (15)
$2,500 to $5,000
As Arranged
As Arranged
Attorney / Accountant
Travel Expenses for Training (16)
$15,400 to $22,400
As Arranged
As Arranged
Airlines, Hotels, Restaurants
Salaries for Training and Pre- Opening (16)
$20,000 to $30,000
As Arranged
As Arranged
Employees
Tire Industry Association (TIA) Membership (17)
$180
As Arranged
As Arranged
Supplier
Association of Progressive Rental Organization (APRO) (17)
$395
As Arranged
As Arranged
Supplier
Additional Funds – (3 months) (18)
$300,000 to $500,000
As Needed
As Needed
You Determine
TOTAL (18)
$703,561 to $1,687,275

Notes

In general, none of the expenses listed in the above chart are refundable, except any security deposits you must make may be refundable and the initial franchise fee is partially refundable in certain circumstances. We do not finance any portion of your initial investment.

How much money can I make?

RNR Tire Express franchisees earn a solid return on their time, money, and energy.

In 2023 the average location generated $1.85M* in sales and showed an operating income of $271,300, a 14.6% net profit*.

RNR Tire Express service

Auto Tire Industry at a Glance

  • It is estimated that Americans spend over $40 billion annually on tires
  • Of that, over $28 billion was spent on passenger tires and over $12 billion was spent on truck tires
  • Consumers spend an estimated $4 billion on aftermarket wheels

The Investigation Process

We encourage you to investigate RNR Tire Express to see how this business may help you achieve your objectives. Additionally, we will work to make sure you fit the RNR Tire Express culture and will be a valuable addition to our team.

Our initial process is as follows:

Step One: Self-directed research Arrow

Download our free Franchise Information eBook. Spend time reading the information on this website and make an initial determination if this business may fit what you are looking for. If so, let’s have a preliminary discussion.

Step Two: Business Interview and Business Overview Arrow

Tell us about you and what you are looking to achieve. We will tell you about RNR Tire Express and what it takes to win as a franchisee. We will answer each other’s questions to determine the potential for a mutual match. If we both see the potential, we move forward in our investigation, if not, we discontinue.

Step Three: Submit Qualifications Arrow

You submit your financial qualifications, and we ensure you will be capitalized properly to meet your objectives. There is no cost, risk, or obligation at this point.

Step Four: Review the Franchise Disclosure Document (FDD) Arrow

We review the roles and responsibilities of both the franchisee (you) and the franchisor (us). We determine if we are willing to live up to our obligations to each other. Again, there is no cost, risk, or obligations at this point.

Step Five: Discovery Day Arrow

You will meet RNR Tire Express leadership and ask the questions you need to help you determine if this business is right for you. By the end of this one day meeting you will feel armed with the necessary information to make a decision about becoming a franchisee.

Step Six: Franchisee Validation and Due Diligence Arrow

We will put you in contact with RNR Tire Express franchisees so they can answer any questions you have about what it will be like as a franchisee of this system. At this stage, you will apply for financing and complete your financial models and projections.

Step Seven: Make a Decision Arrow

We will each decide if it is in our best combined interest to do business together.

To begin the process, DOWNLOAD THE FREE FRANCHISE INFORMATION EBOOK. We will reach out to you shortly to schedule our first call.

Let's Get Acquainted

Let's Get Acquainted

Once completed, we'll email you a link to download our Franchise Information eBook.

Contact Information

Background Information

Will your spouse/partner be involved in the franchise? *
Education *