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Updated RecentlyBig O Tires Franchise
Auto repair center specializing in tire services
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.
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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How much does it cost to open a Big O Tires Franchise?
The investment required to open a Big O Tires Franchise is between $311,000-$1,133,300. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Big O Tires name.
Individual Unit Costs
- Initial Investment:
$311,000-$1,133,300 - Initial Franchise Fee:
$35,000 - Royalty Fee:
2%-5% - Advertising Fee:
4.45% - Term of Agreement:
10 years - Renewal Fee:
$1.5K
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Big O Tires Donates $50,000 To Childhood Cancer Foundation
Big O Tires, Inc. and it's over 540 stores have donated $50,000 to Alex's Lemonade Stand Foundation for Childhood Cancer. Liz Scott, mother of Alexandra Scott, met with a group of franchisee representatives (Franchise Advisory Council) and corporate staff recently in the corporate offices to accept ...
Big O Tires Names New President Of Franchise Business
John Adams, president of Big O Tires, Inc., announced that Kyle Iwasawa has joined the company as President, Franchise Business effective October 1, 2006. In this newly created position, Mr. Iwasawa will be responsible for more fully developing t a new Big O Tires Franchise Business Model (FBM) and ...
Big O Tires Donates $65,000 To American Red Cross
A check for $65,000 was presented earlier this week at the headquarters of the American Red Cross from Big O Tires. The donation was provided to help fund Katrina relief efforts and was funded by the company’s over 560 franchisees as well as from Big O Tires, Inc. and its parent company, TBC Co...
Tbc Corporation Signs Definitive Agreement To Acquire Merchant's, Incorporated
TBC Corporation (Nasdaq: TBCC), one of the nation's leading marketers of automotive replacement tires, today announced that it has entered into a definitive agreement to acquire Merchant's, Incorporated, a closely held tire retailer and automotive service provider headquartered in Manassas, Virginia...
Big O Tires News & Press Releases
When did Big O Tires start Franchising? 1962
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA & other commercial lenders
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
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)
Business Experience:
To calculate how much income a franchise owner can do at Big O Tires Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Big O Tires and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Big O Tires franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Big O Tires
Big O Tires Inc.
4280 Professional Center Drive, Suite 400
Palm Beach Gardens,
FL
33410