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Big O Tires LLC

At a Glance

Products & Services: Tire sales and services, auto products

Number of Locations: 424

Total Investment: $242.5K - $1M

Founded: 1962

Began Franchising: 1982

About Big O Tires LLC

A group of tire dealers came together in 1962 and started Big O Tires. Each Big O center sells and services tires and offers related automotive products. In 1996, Big O Tires was acquired by TBC Corporation and today operates as a subsidiary of the Florida-based company, which also franchises Midas.

Franchise Units

Year U.S. Canadian International Company Owned
2013 355 0 0 69
2012 372 0 0 67
2011 392 0 0 64
2010 410 0 0 60
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Southwest, West.

Startup Costs, Ongoing Fees and Financing

Total Investment: $242,500 - $1,023,300
Franchise Fee: $30,000
Ongoing Royalty Fee: 4-5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000 - $600,000
Liquid Cash Available: $100,000 - $200,000
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 4 weeks. Online training : 1 week.
Ongoing Support: Newsletter, Meetings, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

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