- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$222K - $258K
- Units as of 2023
-
24 242.9% over 3 years
Company Overview
About GoMobile Tires
Industry | Automotive |
---|---|
Related Categories | Wheels & Tires |
Founded | 2018 |
Parent Company | USA Gomobile |
Leadership | Derek Naidoo, CEO & Founder |
Corporate Address |
163 S.W. Freeman Ave., #D Hillsboro, OR 97123 |
Business Overview
Franchising Since | 2018 (6 years) |
---|---|
# of employees at HQ | 16 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 24 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a GoMobile Tires franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
---|---|
Initial Investment
|
$221,600 - $257,600 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$100,000 |
Royalty Fee
|
7.5% |
Ad Royalty Fee
|
2.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 16 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
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