RNR Custom Wheels & Tire Express

RNR Custom Wheels & Tire Express

#330

Initial Investment

LOW: $298,795
HIGH: $573,475

Change in Units

+4.1% +3 UNITS (1 Year)
+9.6% +7 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1999

Franchising Since

2003 (13 Years)

Corporate Address

14620 N. Nebraska Ave. , Bldg. B Tampa, FL 33613

CEO

Larry Sutton

About RNR Custom Wheels & Tire Express

RNR stores sell custom wheels and tires, with a rent-to-own option (called Rent-N-Roll) that allows customers to make weekly, bi-weekly or monthly payments. Based in Tampa, Florida, the company began franchising in 2003.

Financials

Financial Requirements

Initial Investment

$298,795 - $573,475

Net-worth Requirement

$350,000

Liquid Cash Requirement

$200,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

4%

Financing Options

RNR Custom Wheels & Tire Express has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

Highest Rank: 252

Lowest Rank: 495

  • 2007 - 426
  • 2008 - 252
  • 2009 - 282
  • 2010 - 255
  • 2011 - 456
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 2 weeks

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 6

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 12th, 2015

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