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Updated RecentlyRNR Tire Express & Custom Wheels vs Rent-A-Wheel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RNR Tire Express & Custom Wheels vs Rent-A-Wheel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $530,000 - $1,030,000 | $158,550 - $503,800 |
| Franchise Fee | $35,000 | $50,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1999 | 2002 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 76 hours Classroom Training: 50 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 6 | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About RNR Tire Express & Custom Wheels
RNR stores sell custom wheels and tires, with a rent-to-own option
(called Rent-N-Roll) that allows customers to make weekly, bi-weekly or
monthly payments. Based in Tampa, Florida, the company began
franchising in 2003.
Seeking new franchise units throughout the U.S.,
Australia/New Zealand, Canada, Mexico, Philippines and Western Europe
Veteran Incentives $5,000 off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#265 in Franchise 500 for 2020.
#175 in Franchise 500 for 2021.
About Rent-A-Wheel
!["Rent-A-Wheel]("https://fddexchange.com/wp-content/uploads/2021/01/Rent-A-Wheel.png")
Rent-A-Wheel offers 2 franchise programs:
- A single Store. The total investment necessary to begin operation of a Rent-A-Wheel franchise is $158,550 to $503,800. This includes the initial franchise fee of $50,000 that must be paid to the franchisor.
- Multiple Stores within a defined area pursuant to an Area Development Agreement. There is an initial development fee of $25,000 multiplied by the number of Stores you must open (excluding your first Store), plus $50,000 representing the initial franchise fee for your first Franchise Agreement and Store. You will pay an initial franchise fee of $50,000 for each Store. However, we will credit the development fee against the initial franchise fees (at the rate of $25,000 for the second and each subsequent Franchise Agreement).