RimTyme Custom Wheels and Tires

RimTyme Custom Wheels and Tires

Rent-to-own custom wheels and tires
FREE Franchise Guide!
2022 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$321K - $684K
Units as of 2019
36 7% over 3 years

Company Overview

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.

About RimTyme Custom Wheels and Tires

Industry
Automotive
Founded
2005
Parent Company
Rent-A-Center Franchising Int'l. Inc.
Leadership
Cathy Skula, CEO

Franchising Overview

Franchising Since
2007 (15 years)
# of employees at HQ
510
# of Units
36 (as of 2019)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
5501 Headquarters Dr.
Plano, TX 75024

Information for Franchisees

Here’s what you need to know if you’re interested in opening a RimTyme Custom Wheels and 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
$25,000
Initial Investment
$321,208 - $684,250
Net Worth Requirement
$500,000
Cash Requirement
$200,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
4%
Ad Royalty Fee
$250/mo.
Term of Agreement
10 years
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
RimTyme Custom Wheels and Tires has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

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
15 hours
Classroom Training
36 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
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?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes
Take our quick quiz to find your ideal franchise

Interested in franchise ownership like RimTyme Custom Wheels and Tires? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where RimTyme Custom Wheels and Tires landed on this year’s Franchise 500 Ranking versus previous years.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to RimTyme Custom Wheels and Tires.

Snap-on Tools

Professional tools and equipment

Pop-A-Lock

Mobile locksmith and security services

Schlotzsky's

Sandwiches, pizza, soups, salads

Chem-Dry Carpet & Upholstery Cleaning

Carpet and upholstery cleaning, tile and stone care, granite countertop renewal

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

How to Start a Blue Moon Estate Sales Franchise in 2023

Looking for information about how to open a Blue Moon Estate Sales franchise? Here's what you need to know.

Use This Checklist to Avoid Buying a 'Zombie' Franchise

Here are 20 questions that will save you time and money. There are great franchise options out there, but you must do your due diligence.

Alicia Miller

The Hottest Franchise Trends for 2023

Looking for a business to buy in 2023? We predict which franchise categories will thrive, and list top brands available in each.

Thinking of Buying a Franchise? These Four Industries Are Flaming Hot Right Now

Turns out eating breakfast, working out, riding a rollercoaster and getting a job have something in common.

Kim Kavin

Turning a Franchise Business Into a Nonprofit? Here's How It's Done.

Challenge Island recently helped a franchisee in New Mexico transform her location into a nonprofit. Here, she explains why she made the decision, and how it works.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021