Franchimp Summary Rating
Higher than 79% of peers
Franchise Summary
Description
We are offering a franchise for a retail store operating under the "RNR Tire Express" name that sells and rents tires, wheels and other automotive accessories
Company Background
We are the only franchise network of retail tire stores in Russia. We offer a business opportunity to become an owner of ?NR Tire Express franchised store and earn profit from its operation. The company is developing rapidly, so we would like to invite you as our partners and co-owners of this project. Do not miss your chance!
Franchise Opportunity
The automotive aftermarket is a multi-billion dollar industry, but it's also incredibly fragmented and competitive. It can be tough to find a good place to buy tires, wheels, and other automotive accessories. There are a lot of options out there, but it can be hard to know which one is the best for you. ?NR Tire Express offers a unique franchise opportunity that gives you the chance to own your own retail store operating under our name. We sell and rent tires, wheels, and other automotive accessories at competitive prices. Our stores are easy to operate and offer great value to our customers.
Corporate Structure
SPF Mgt. Co., LLC is a Florida limited liability company that was originally formed on November 3, 1999 as G & L Mgt Co., LLC. On May 1, 2001, they changed their name to SPF Mgt. Co., LLC. They do business under their corporate name and under the names “Rent-n-Roll”, “?NR Custom Wheels & Tires”, “?NR Tire Express” and “?NR Tire Express & Custom Wheels”. Their principal business address is 13922 Monroes Business Park, Tampa FL 33635. They have been offering franchises since 2002.
Royalties and Marketing Fees
Royalties : 5.0% of revenue
Royalties : Current Fee is Zero; Maximum fee is 2% of Gross Revenues
Royalties : 4% of Gross Revenues
Franchise Types Available
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Employee Contact Database
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Distribution of RNR Tire Express Franchisees
RNR Tire Express Franchise System Development in 2022
FAQ
How much investment do I need to start my own RNR Tire Express business?
Franchisees typically require at least $703 to $1 investment to get their RNR Tire Express business started
What are the initial franchise fees for RNR Tire Express?
Franchisees typically need to pay at least $45 in fees directly to RNR Tire Express in order to earn the right to launch their business
How much money can I make with a RNR Tire Express franchise? What are
the average revenues for a typical RNR Tire Express business?
We haven’t done the math on how much revenue a typical
RNR Tire Express brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
RNR Tire Express to generate a similar amount
How long do I need to commit to running a RNR Tire Express unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$703,561 to $1,687,275
which is
Much Higher
than the $0 to $0 average in the Automotive industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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