Big O Tires logo
Tires, tire services, auto products

Investment

$511,500

Initial Franchise Fee

$10,000 - $17,500

Units

464

Growth Rate

N/A

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Automotive
Founded 1962
Franchising Since 1982
Parent Company TBC Corp.
Leadership Gary Skidmore, COO
# of Employees at HQ 85

Units and Growth Chart

About Big O Tires

Big O Tires is one of the top-tier tire and auto services franchises in the U.S. Big O Tires holds annual national conventions that franchisees are encouraged to attend, particularly if it is the first annual convention of a franchisee's career.

Big O Tires has been around for more than half a century and franchising for close to four decades. There are over 400 Big O Tires outlets in the U.S., and it continues to be a leading business rooted in a culture of excellence. Big O Tires has the resources needed to fill gaps in a diverse, dynamic, and complex automotive world.

Why You May Want to Start a Big O Tires Franchise 

Big O Tires offers two franchise models—product distribution franchises and business format franchises. The franchisor provides an initial online training and capacity-building program to provide franchisees with information about the two options so they can make an informed decision before investing.

You can experience the curriculum at the company training facilities or a virtual classroom. Field training and operations certification is provided for and conducted at a Big O Tires store.

The franchisor suggests a few days of online training followed by multiple weeks of facilitated training and another couple of weeks of field training. 

What Might Make Big O Tires a Good Choice?

Big O Tires has been ranked in Entrepreneur’s Franchise 500 multiple times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. 

 Big O Tires gives you the freedom to operate independently with an experienced team behind you, providing the support, resources, and training you need.

To own a Big O Tires franchise, you should make sure you're financially ready with enough capital available for an initial investment, including a franchise fee and startup fees, as well as other possible expenses. Additional expenses will include an advertising fee and royalty fee, as well as a potential renewal fee. Additionally, veterans are offered  significant discount off the franchise fee by Big O Tires.

How to Open Your Own Big O Tires Franchise

As you make your decision regarding opening a Big O Tires franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may be counterproductive.

By joining Big O Tires, you are becoming part of a family with many successful franchisees. There is absolutely no automotive experience required. Prospective franchisees must go through the new franchise orientation, which is a briefing developed to help you understand Big O Tires better. The document guides you through their desired culture of creating outstanding customer interactions and other elements in their core business value that make them excel.

An assistant will guide you through the process of opening a franchise, providing insights into customer relations and service techniques. Big O Tires will teach you advanced phone skills, including an overview of product lines, setting the stage for you to open your new franchise.

Investment Details

Initial Franchise Fee $10,000 - $17,500
Initial Investment $511,500 - $1,882,500
Net Worth Requirement $300,000
Cash Requirement $100,000
Royalty Fee 3.5%-5%
Ad Royalty Fee 4.5%
Technology Fee 0
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive First-unit franchise fee waived

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 200 hours
Classroom Training 75 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
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

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? No
# of employees required to run 0
Are exclusive territories available? Yes

Ranking History

Big O Tires performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022