Big O Tires LLC
Tires, wheels, related under-car servicesBackground
Founded: 1962 Franchising since: 1962
A group of tire dealers came together in 1962 and started Big O Tires, a franchise that is now based in Englewood, Colorado. Each Big O center offers a variety of auto repair services, including brake, alignment and front-end repair, as well as tire and ride control products.
Franchisor is a privately-held company with 200 employee(s); 12 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
Exclusive territories available.
Territory size: 5-mile first option rights
A group of tire dealers came together in 1962 and started Big O Tires, a franchise that is now based in Englewood, Colorado. Each Big O center offers a variety of auto repair services, including brake, alignment and front-end repair, as well as tire and ride control products.
Big O Tires has centers across the western United States and in Canada.
In 1996, Big O Tires was acquired by TBC Corporation and today operates as a subsidiary of the Florida-based company.
|
12650 E. Briarwood Ave., #2D Englewood, Colorado 80112 |
Phone: (800)622-2446 |
Franchisor is a privately-held company with 200 employee(s); 12 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 509 | 1 | 0 | 13 |
| 2007 | 545 | 1 | 0 | 0 |
| 2006 | 538 | 1 | 0 | 0 |
| 2005 | 557 | 1 | 0 | 0 |
Where Seeking Franchisees
Exclusive territories available.
Territory size: 5-mile first option rights
Costs and Fees
|
Total investment: $275.8K-843.3K Franchise fee: $30K |
Ongoing royalty fee: 6% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Third-party financing source(s): the SBA & other commercial lenders
Qualifications
Net worth requirement: $300K-600K
Cash liquidity requirement: $100K-200K
Business Experience:
- General business experience
- Strong management skills
Operations
- 33% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 8
- Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 4 weeks
- At franchisee's location: 2 weeks at opening
- Ongoing
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Rankings
Franchise 500® rank:
#134 (2009); #170 (2008); #224 (2007); #107 (2006); #77 (2005);
America's Top Global Franchises:
#94 (2006);
#134 (2009); #170 (2008); #224 (2007); #107 (2006); #77 (2005);
America's Top Global Franchises:
#94 (2006);