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Franchise: Big O Tires LLC

Initial Investment
LOW:$259,200
HIGH: $1,181,628
Change in Units
-1.0% -4 UNITS (1 Year)
-8.3% -35 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training Onsite: 14 days

Training at headquarters: 14 days

Additional Training: Online training

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.

Founded

1962

Franchising Since

1982 (35 Years)

Corporate Address

4280 Professional Center Dr., #400 Palm Beach Gardens, FL 33410

CEO

Erik Olsen

Parent Company

TBC Corp.

Units (Locations)

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

Financial Requirements

Initial Investment

$259,200 - $1,181,628

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

2-5%

Ad Royalty Fee

4.45%

Financing Options

Big O Tires LLC has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable

Veteran Incentives


Franchise fee waived

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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: September 11th, 2017

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