As a top national retailer of high-quality tires accompanied by affordable payment plans, RNR Tire Express is set to become a national retail powerhouse in the tires and custom wheels auto aftermarket industry. The retail tire market should grow to about $41B in sales, according to a 2019 report by the U.S. Automotive Tire Market Research.
Founded by one of the top veterans in rent-to-own franchises, Larry Sutton, RNR is in the hands of top management that knows the franchise market too well.
In the entire United States, RNR Tire Express is found in more than 26 states with over 150 locations in operation in serving customers with the best tires and after-sales services.
A few reasons why investing in the RNR retail franchise may be a wise choice;
A scalable franchise provides the framework for the expansion of a business empire. 80% of the RNR Tire Express Franchise is made up of multi-unit owners. A majority of new openings in new markets are opened by existing owners.
The largest multi-unit owner in the RNR Tire Express owns 29 locations, with huge potentials to scale higher.
As a multi-dimensional retail franchise, the RNR Tire Express empire has a unique style of doing business. We understand that many customers may not be able to afford a set of high-quality tires outright. The typical RNR Tire Express customer is affluent enough to afford an automobile but still may not have access to conventional credit and cannot afford to pay $600-$800 all at once for 4 new tires. RNR Tire Express franchisees offer this underserved market of customers the flexibility of payment options.
80% of RNR Tire Express customers choose payment options. Discount and other tire retailers ignore these customers’ needs and do not offer the same payment options, giving RNR Tire Express franchisees a unique and defensible position in the marketplace.
The RNR Tire Express franchise is one of the most profitable ventures in the U.S. According to their most current FDD mature locations are currently operating record sales of $1.75M on average.
RNR Tire Express has a 20-year track record of success. With over 150 locations, we have the proof of concept necessary to prove our retail model works in all major market areas in the United States. Prime market areas are still available for multi-unit development. RNR Tire Express franchise was voted the number one tire and wheel-franchise in the Entrepreneur Magazine’s Franchise 500 issue.
Customers need tires to be installed, spin-balanced, as well as have their front end aligned to ensure even tire wear. Additionally, old tires need to be safely disposed of. These factors make it difficult for online retailers such as Amazon to stake a claim in our industry.
You can get more details about the RNR brand and see why this is a safe investment to take advantage of.