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Updated RecentlyBig O Tires vs Tire Pros Francorp, LLC Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Big O Tires vs Tire Pros Francorp, LLC 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 | $27,500 - $396,500 |
| Franchise Fee | $35,000 | $27,000 |
| Royalty Fee | 2%-5% | - |
| Advertising Fee | 4.45% | - |
| Year Founded | 1962 | 2018 |
| Year Franchised | 1962 | 2018 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | 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 | - |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | 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 Pros Francorp, LLC
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Tire Pros Francorp, LLC. is a single member California limited liability
company. Prior to this time, they were known as Tire Pros Francorp,
Inc., a California corporation.
They converted their California
corporation to the California limited liability company on December 18,
2018. Their former California corporation was organized on June 16, 1988
The total investment necessary to convert an existing tire retail center
to a TIRE PROS Center is $27,500 to $157,500.
The total investment necessary to begin operation of
a start-up TIRE PROS Center is $218,000 to $396,500.