Rent-A-Tire, L.P.
2895 113TH STREET GRAND PRAIRIE, TEXAS 75050
We do business under the name 'Rent A Wheel'. In Texas, we presently operate our stores under the name 'Rent A Tire.' All franchise stores and all new stores we open will be opened under the 'Rent A Wheel' name, however, we presently operate stores in Texas under the name 'Rent A Tire' and we have not made a decision to convert those to the 'Rent A Wheel' at this time. We have not conducted business or offered franchises in any other line of business.
Not Available
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Franchimp Summary Rating
7/10
Investment Accessibility
7/10
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Upfront Franchise Fees
Minimum: $79,050 Maximum: $93,200
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $158,550 Maximum: $503,800
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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