Franchimp Summary Rating
Higher than 97% of peers
Franchise Summary
Company Background
Founded in 1979, American Tire Depot has grown to be the largest franchisor of independent tire dealerships in North America. With over 750 locations nationwide and growing, they are committed to providing a better way for our customers to buy tires.
Franchise Opportunity
Independent tire and automotive stores are struggling to keep up with the big chains, and as a result, consumers are losing out on quality service and competitive prices. Consumers are frustrated with the lack of customer service they experience at independent stores, and they're tired of overpaying for tires and automotive services. American Tire Depot is the solution. Our franchise model allows independent store owners to convert their businesses into successful American Tire Depot locations, giving consumers access to quality service at competitive prices. Plus, our extensive training program ensures that each store provides the best possible customer experience.
Employee Contact Database
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American Tire Depot Franchise System Development in 2013
Historical American Tire Depot System Growth
FAQ
How much investment do I need to start my own American Tire Depot business?
Franchisees typically require at least $335,000 to $335,000 investment to get their American Tire Depot business started
What are the initial franchise fees for American Tire Depot?
Franchisees typically need to pay at least $25,000 in fees directly to American Tire Depot in order to earn the right to launch their business
How much money can I make with a American Tire Depot franchise? What are
the average revenues for a typical American Tire Depot business?
We haven’t done the math on how much revenue a typical
American Tire Depot brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
American Tire Depot to generate a similar amount
How long do I need to commit to running a American Tire Depot unit? What
is my contractual commitment?
American Tire Depot franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$356,500 to $6,524,200
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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