Big O Tires LLC
#172 Franchise 500| Tires, tire services, auto products
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About
Founded

1962

Franchising Since

1982 (37 Years)

Corporate Address

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

CEO

Erik Olsen

Parent Company

TBC Corp.

Financial Requirements
Initial Investment

$281,000 - $1,133,300

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

First-unit franchise fee waived

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

40 hours

Classroom Training:

67 hours

Additional Training:

Online training

Big O Tires LLC is ranked #172 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $281,000 High - $1,133,300
Units
+13.1%+52 UNITS (1 Year) +14.2%+56 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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 19th, 2018