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Updated RecentlyBig O Tires vs Tire Warehouse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Big O Tires vs Tire Warehouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $311,000 - $1,133,300 | $100,000 - $342,000 |
| Franchise Fee | $35,000 | $15,000 |
| Royalty Fee | 2%-5% | 3% |
| Advertising Fee | 4.45% | - |
| Year Founded | 1962 | 1971 |
| Year Franchised | 1962 | 1989 |
| Term Of Agreement | 10 years | 7 years |
| Term Of Agreement | 10 years | 7 years |
| Renewal Fee | $1.5K | $1.5K |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad slicks |
| 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) |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
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
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#100 on Franchise Rankings.com
#91 in Franchise 500 for 2020.
About Tire Warehouse
No mention of franchising on their website