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RimTyme
Rent-to-own custom wheels and tires

About
Founded

2005

Franchising Since

2007 (11 Years)

Corporate Address

5501 Headquarters Dr.
Plano, TX 75024

CEO

Cathy Skula

Parent Company

Rent-A-Center Franchising Int'l. Inc.

Ticker Symbol

RCII

Financial Requirements
Initial Investment

$321,288 - $684,410

Net-worth Requirement

$500,000

Liquid Cash Requirement

$200,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

$250/mo.

Financing Options

RimTyme has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives

$5,000 off franchise fee

Support Options
Ongoing Support

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Marketing Support

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

15 hours

Classroom Training:

36 hours

Bio
Founded in 2005, RimTyme is an offshoot of ColorTyme, another rent-to-own franchise, which is a subsidiary of Rent-A-Center. RimTyme stores sell and install custom rims and tires, with payment options including a credit card, cash, lease ownership plan or 90 or 120-day cash payment.
Cost
Initial Investment: Low - $321,288 High - $684,410
Units
-2.6%-1 UNITS (1 Year) +40.7%+11 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: September 8th, 2017