Tire Warehouse vs Canadian Tire Franchise Comparison

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

Start-Up Costs and Fees
 
Tire Warehouse Franchise
Canadian Tire Franchise
Investment $100,000 - $342,000$125,000 - And Up
Franchise Fee $15,000N/A
Royalty Fee 3%-
Advertising Fee --
Year Founded 19711922
Year Franchised 19891934
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
Tire Warehouse Franchise
Canadian Tire Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

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

    Training & Support
     
    Tire Warehouse Franchise
    Canadian Tire Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks-
    Operations 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
     
    Tire Warehouse Franchise
    Canadian Tire Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Tire Warehouse

    No mention of franchising on their website




    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.