Big O Tires LLC
At a Glance
Products & Services: Tires, wheels, related under-car services
Number of Locations: 523
Total Investment: $275.8K - 843.3K
Founded: 1962
Began Franchising: 1962
Private Owned
About Big O Tires LLC
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.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2008 | 509 | 1 | 0 | 13 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $275,800 - $843,300
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000 - $600,000
Liquid Cash Available: $100,000 - $200,000
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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: 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,