OH-Cincinnati Quality Tires and Custom Wheels Service Franchise for Sale
OH-Cincinnati Quality Tires and Custom Wheels Service Franchise for Sale
Americans annually spend $250 billion on tires and auto services, and the value of replacement tire sales alone is approximately $38 billion. RNR Tire Express is ranked the #1 category leader for Tires & Wheels in Entrepreneur® magazine’s 2016/2017/2018/2021/2022 Franchise 500®.
We opened the doors to our first location in Tampa, FL, in October 2000. With over 190 locations nationwide, RNR has become the go-to place for quality tires and custom wheels with unique payment options including our Pay-As-You-Go! program to a growing, under served and recession-resistant market.
Price: $650,000
Location: Hamilton County, Ohio
Inventory Included: No
Reason For Sale: -
Training & Support: Financial Assistance Provided: No, Recommendations if requested Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Side Design and Furnishing Assistance: Yes FF&E and Inventory Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising Optional: Yes Training: Extensive four weeks training program: two weeks in Tampa & two weeks on location. Full team recommended. Ongoing training available through the RNR University (online) or in-person upon request. Marketing Support (In-House): Creative, Local Marketing Planning and Budgeting, Website Design and Maintenance, Social Media, Brand Guidelines, Grand Opening Planning Operations: Dedicated operations support team, weekly calls, sales coaching, P&L reviews, benchmarking, KPI review, ongoing training
Owner Qualifications: This business attracts high net worth franchisees who are looking to build wealth through multi-unit ownership. Over 80% of our franchise owners have multiple locations and delegate day-to-day management responsibilities. Some franchise owners are more involved and hands-on, and this may be their full-time job. Although most franchisees are not day-to-day operators, we recommend that a NEW franchisee is engaged in the business for 6 months to a year so they can learn the business and be able to better manage and coach their teams to success. The ideal candidate will need to have a net worth of at least $2MIL. It is important to note the need for liquidity of approximately $500 for multi-unit approval.
