Big O Tires vs Canadian Tire Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Big O Tires vs Canadian Tire including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Big O Tires Franchise
Canadian Tire Franchise
Investment $311,000 - $1,133,300$125,000 - And Up
Franchise Fee $35,000N/A
Royalty Fee 2%-5%-
Advertising Fee 4.45%-
Year Founded 19621922
Year Franchised 19621934
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
Big O Tires Franchise
Canadian Tire Franchise
Experience
  • Strong management skills
    		• -

    Financing Options
     
    Big O Tires Franchise
    Canadian Tire Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Big O Tires Franchise
    Canadian Tire Franchise
    Training On-The-Job Training: Varies Classroom Training: 80 hours Additional Training: Online training -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Big O Tires Franchise
    Canadian Tire Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Big O Tires

    A small group of tire dealers came together in 1962 and started Big O Tires, a franchise that is now based in Palm Beach Gardens, Florida.. Each Big O Tires center offers a variety of auto repair services, including brake, alignment and front-end repair, as well as tire and ride control products. Big O Tires has centers across the United States and in British Columbia, Canada.

    The Team You Trust!

    The total investment necessary to begin operation of a Big O Tires franchise ranges from $311,000 to $1,133,300. This includes between $73,500 and $875,000 that must be paid to the franchisor or its affiliates.
    If you sign an Area Development Agreement for multi-unit development, then you must pay the franchisor or its affiliate a development fee equal to the total initial franchise fees for the number of additional Big O Tires you agree to develop in advance, which initial franchise fees will range from $7,500 to $30,000 per Store based on the number of Stores you agree to develop and whether you are an existing franchisee.
    Veteran Incentives  Franchise fee waived

    "franchiserankingscom"   "Entrepreneur
    #100 on Franchise Rankings.com
    #91 in Franchise 500 for 2020.
    #205 in Franchise 500 for 2021.








    About Canadian Tire

    Canadian Tire Corporation, Limited - the country's most shopped retailer - offers a unique mix of products and services through the leadership of three specialty stores under one roof - Automotive, Sports and Leisure, and Home Products. With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.

    You will immediately benefit from proven business systems which include commissions and allowances to help cover initial costs of operation.
    You will also take part in a 2 week hands-on Training Program that covers everything you will need to know moving forward to manage the business.

    Add participation in one of Canada’s most popular loyalty program, and marketing support from Home Office on an ongoing basis, and you will be ahead of the competition from the very start.


    "Top
    #21 in Canada's Top franchises.