RNR Tire Express Franchise | A Great opportunity for all who search for low cost franchise Business.
Discover the full information about RNR Tire Express Franchise only on Franchise opportunity Info
Franchise opportunity 
Quick Introduction to RNR Tire Express Franchise Business:
Ready to become a part of the fastest-growing wheel and tire franchise? With little to no prior expertise in the automotive sector, more than 80% of RNR Tire Express franchisees are multi-unit owners.
| Main Contents of this Article | |
|---|---|
| Introduction to RNR Tire Express Franchise Business | Overview of this Business |
| RNR Tire Express Franchise Features & Benefits |
WHAT MAKES RNR TIRE EXPRESS UNIQUE? |
Ideal candidate for RNR Tire Express Franchise Business |
Final Conclusion |
Overview of RNR Tyre Express Franchise Business:
Leading supplier of premium tires, unique wheels, and associated services is RNR Tire Express. RNR Tire Express has more than 165 locations nationwide and more than 20 years of experience. It has the profitability, scalability, sustainability, and barriers to entry that astute franchise investors seek, and it still has many prime markets available for the development of multiple units.
| Category | Details |
|---|---|
| Minimum Cash on Hand Required | $150,000 |
| Total Investment | $446,100 - $1,094,400 |
| Financing Available |
Yes, third party financing is available. |
| Part-Time / Full-Time | Full-time |
| Opportunities Available | Franchises available throughout the U.S. |
| Awards | #1 Entrepreneur Mag RNR Tire Express has been ranked the #1 category leader for Tires & Wheels in Entrepreneur® magazine’s 2016, 2017, 2018, 2021 & 2022 Franchise 500®. |
Quickly Expanding Franchise in an Industry Worth Over $40 Billion:
RNR Tire Express is a top supplier of high-quality, safe tires, custom wheels, and associated services including alignments and flat repairs, with over 165 locations.
With more than 20 years of expertise, RNR Tire Express possesses the sustainability, profitability, scalability, and proof of concept that astute franchise investors seek. For the growth of several units, RNR Tire Express still has access to numerous attractive markets.
With nearly 300 million vehicles on the road and a three-year tire replacement cycle, the tire industry is worth a healthy $41 billion, not to mention the roughly $4 billion that consumers spend on aftermarket wheels.
WHAT MAKES RNR TIRE EXPRESS UNIQUE?
As a franchise investment opportunity, RNR Tire Express is distinct, lucrative, sustainable, and scalable thanks to ten essential characteristics.
1. POWERFUL UNIT-LEVEL ECONOMICS
strong profits are achieved by franchisees through a combination of strong volumes and high margins.
2. A LARGE, FRAGMENTED $40 Billion+ INDUSTRY.
RNR Tire Express is already one of the biggest and fastest-growing chains in the nation, with more than 165 sites across the nation. RNR increased by 50% in the previous five years.
3. AN UNDERSERVED MARKET IS WHAT WE SELL.
Franchisees of RNR Tire Express cater to a market that might not have access to credit cards or other forms of funding. According to studies, 40% of customers said they would struggle to pay an unexpected $400 bill.
4. WE CAN GROW AS A BUSINESS.
Over the previous five years, RNR Tire Express has grown by 50%. More than 80% of franchisees own several locations and are still growing. Our expansion into new territories and the establishment of additional stores by current franchisees account for the majority of our growth. There are still good regions available despite our tremendous development.
5. WE ARE A SUSTAINABLE BUSINESS.
We have a strong track record spanning two decades, with over 165 sites, proving our worth over time. Only 30% of American businesses make it past ten years, according to the U.S. Bureau of Labor Statistics, which is evidence of our distinctive, successful, and long-lasting franchise business strategy.
6. WE HAVE AN INCREASING FRANCHISEES.
Over the past four years, franchisees of RNR Tire Express have opened over 55 new stores. There are still prime markets to be developed.
7. PARTNERS HAVE FAITH IN USA.
The Franchise 500 ranking published by Entrepreneur magazine consistently ranks us as the top franchise in our sector.
8. AUTOMOTIVE EXPERIENCE IS NOT REQUIRED.
We have a proven track record of assisting astute business owners in understanding this industry and finding success. Our franchisees are mostly multi-unit owners that are eager to expand. The majority of franchisees are not in the car retail industry.
9. THE DIFFICULTIES TO COMPETITIVE ENTRY ARE HIGH.
It is extremely difficult for new chains to enter this industry due to the high hurdles to investment, skills, and experience. This makes it impossible for internet sellers like Amazon to create a presence since customers expect new tires to be installed professionally and old tires to be disposed of safely.
10. PROFESSIONAL AND SUCCESSFUL LEADERSHIP.
The leadership of RNR Tire Express has over a century of combined experience in this field, and franchisees gain from their knowledge of the market and insight into emerging trends.
Ideal candidate for RNR Tire Express Franchise Business:
Grease Monkey Franchising is seeking extraordinary individuals that possess a strong desire to become a part of our industry-leading processes as new franchisees. Typical qualities of a candidate are as follows:
- Successful business background
- Experience in operations and management
- No prior automotive experience is necessary.
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