Start Big O Tires Franchise
The mission of Big O Tires is to provide an exceptional brand, growth, franchisee profitability, and customer service.
Do you dream of providing these too? If so, begin by starting your own Big O Tires Franchise and joining the number one tire retailer in America.
Big O Tires is committed to their retail consumers’ total and complete satisfaction. This is why their branded tires are backed-up with the most comprehensive service and warranty policies available today. Behind every tire that you sell is the Big O warranty.
As a franchise owner, you will receive the following perks:
- Comprehensive Training – at the training Center in Denver, Co. you will receive six weeks of field and in-house training.
- Protected Market Areas – you will be granted a protected territory (2 miles).
- Exclusive Market Territory – a good territory is one critical factor in the success of a franchisee. Since your franchise agreement includes the exclusive right to market Big O tires within your prescribed territory, you can be guaranteed that the trade area is yours alone.
Where to Start Big O Tires Franchise
Currently, Big O Tires has more than 490 franchised locations spread in 21 states as well as Canada. More stores are scheduled to open soon. With aggressive growth plans, the company is always looking for a lot of qualified individuals that have true customer focus – these will be their franchisees in the system. If you believe that you have the drive, qualifications, and entrepreneurial spirit to be successful in the company’s fast-paced environment, you can check out franchise opportunities in these states: Arizona, California, Colorado, Idaho, Indiana, Iowa, Kansas, Kentucky, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Utah, Washington, and Wyoming.
Startup Cost for Big O Tires Franchise
There are three types of ownership options available: first, you can build your own store (leasing or owning the land/building), purchase an existing location, or convert an existing automotive center. The initial franchise fee is only $30,000 with a 6% royalty rate and 10-year franchise term. Moreover, the total investment required to fully operate your Big O Tire store would vary depending on size and location. Estimated ranges are from $225,800-$543,300. Meanwhile, the purchase price for existing stores may be negotiated privately between the seller and buyer. Great variation might be based on perceived business value, market variables, physical facilities, and negotiated terms.
Whatever you choose, you can be referred to lenders if you express your interest in looking for additional funds. However, some lenders may require a liquidity of 20-30% to qualify for their loan. Big O Tires is also a participant in Small Business Administration (SBA) Franchise Registry Program. You may apply for a franchise by filling out their online application form.
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