Who is RNR Tire Express?
RNR Tire Express is a leading retailer and installer of quality tires, custom wheels, and related services. With 20+ years of experience and nearly 200 locations across the country, RNR Tire Express has the proof of concept, profitability, scalability, sustainability, and barriers to entry smart franchise investors look for, yet RNR Tire Express still has many prime markets available for multi-unit development.
Utilizing unique lease-purchase payment options, we cater to a vast market of customers who don’t have the credit or cash to pay for replacement tires and custom wheels. Among the 118,825,921 households in the U.S., 25% are unbanked or underbanked. An unexpected expense of $400 can force as many as a third of U.S. adults into a difficult financial situation. Since over 85% of our customers choose the lease-purchase option, RNR Tire Express does not compete with other tire retailers or discount chains who do not offer customers the same option.
Our unique lease-purchase payment model directly serves a traditionally underserved consumer niche of middle-income, blue-collar or early-career, white-collar Americans, who are affluent enough to own a car, but may not have the credit or cash available to purchase tires and wheels outright.
With nearly 200 locations, we rank among the largest retail tire chains in the United States. Additionally, in 2021 and 2022 we were ranked #1 in the Tire & Wheel Category by Entrepreneur.
RNR Tire Express has 10 key attributes which make us unique, profitable, sustainable, and scalable as a franchise investment opportunity.
1. Strong unit-level economics.
Franchisees benefit from a combination of high volumes and high margins, leading to high profits.
Franchisees benefit from a combination of high volumes and high margins, leading to high profits.
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High volumes. RNR Tire Express is a high-volume business with average sales of $1.85M* (see Item 19 in FDD for more details).
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High margins. Tires and wheels is a high-margin business with cost of goods sold an average of 35%*. In comparison, many other retail stores operate with a cost of goods sold of 50%.
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High profit. The average store had an operating income of 14.6% of sales. (In comparison, according to Macrotrends, the average QSR barely earns 10%)
Drive Success with an RNR Tire Express Franchise
RNR Tire Express offers a proven franchise model in the booming rent-to-own tire and wheel industry. Known for affordable payment options and strong customer service, RNR provides franchisees with a turnkey business system, national brand recognition, and operational support. Franchise owners benefit from multiple revenue streams including tire sales, rentals, and maintenance services, all while serving a loyal customer base. With strong unit economics, in-demand products, and industry-leading training, RNR Tire Express positions entrepreneurs to thrive in a high-growth, essential retail sector.
Investment Range
$610,297 - $1,547,075
Industry
Automotive
Available Locations
AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Financials
Business Overview
| Franchise Since | 2003 |
| # of employees at HQ | 28 |
| # of Units | 200 |
Financial Requirements
| Investment Range | $610,297 - $1,547,075 |
| Net Worth Requirement | 2000000minimum |
| Cash Requirement | 500000-1000000 |
| Royalty Fee | 5% |
| Ad Royalty Fee | |
| Term of Agreement | 10 Years |
| Is franchise term renewable? | Yes |
| Veteran discounts | Yes. $15000 off Franchise Fee |
Why Choose NFA
NFA is a membership organization for franchisors, franchise advisors, multi-unit/concept franchise owners, and vendor/supplier members. Membership in NFA is FREE!
We Help Our Members:
- Become experts through our Certified Franchise Advisor™ (CFA) Program
- Match their dreams with franchise and service offerings at NationalFranchiseAlliance.com
- Create wealth through the franchise industry.
Testimonials
The National Franchises Association helped me find the perfect franchise opportunity that matched my goals and budget. Their support and resources gave me the confidence to take the leap into business ownership
Priya S
Thanks to the NFA, I was able to expand my franchise operations with ease. Their expert guidance and up-to-date market insights have been invaluable to my growth
Michael
Working with the National Franchises Association has been a game-changer for my clients. Their platform is well-organized, informative, and genuinely committed to franchise success
Daniel
As a franchisor, partnering with NFA gave my brand amazing exposure. We've connected with high-quality franchisee candidates and grown our network across India
Sunil K
I had no idea where to start until I found the NFA website. It made exploring franchise opportunities easy and clear. I'm now in the process of opening my first outlet!
David
The National Franchises Association helped me find the perfect franchise opportunity that matched my goals and budget. Their support and resources gave me the confidence to take the leap into business ownership
Priya S
Thanks to the NFA, I was able to expand my franchise operations with ease. Their expert guidance and up-to-date market insights have been invaluable to my growth
Michael
Working with the National Franchises Association has been a game-changer for my clients. Their platform is well-organized, informative, and genuinely committed to franchise success
Daniel
As a franchisor, partnering with NFA gave my brand amazing exposure. We've connected with high-quality franchisee candidates and grown our network across India
Sunil K
I had no idea where to start until I found the NFA website. It made exploring franchise opportunities easy and clear. I'm now in the process of opening my first outlet!
David
The National Franchises Association helped me find the perfect franchise opportunity that matched my goals and budget. Their support and resources gave me the confidence to take the leap into business ownership
Priya S
Thanks to the NFA, I was able to expand my franchise operations with ease. Their expert guidance and up-to-date market insights have been invaluable to my growth
Michael
Working with the National Franchises Association has been a game-changer for my clients. Their platform is well-organized, informative, and genuinely committed to franchise success
Daniel
As a franchisor, partnering with NFA gave my brand amazing exposure. We've connected with high-quality franchisee candidates and grown our network across India
Sunil K
I had no idea where to start until I found the NFA website. It made exploring franchise opportunities easy and clear. I'm now in the process of opening my first outlet!
David
The National Franchises Association helped me find the perfect franchise opportunity that matched my goals and budget. Their support and resources gave me the confidence to take the leap into business ownership
Priya S
Thanks to the NFA, I was able to expand my franchise operations with ease. Their expert guidance and up-to-date market insights have been invaluable to my growth
Michael
Working with the National Franchises Association has been a game-changer for my clients. Their platform is well-organized, informative, and genuinely committed to franchise success
Daniel
As a franchisor, partnering with NFA gave my brand amazing exposure. We've connected with high-quality franchisee candidates and grown our network across India
Sunil K
I had no idea where to start until I found the NFA website. It made exploring franchise opportunities easy and clear. I'm now in the process of opening my first outlet!
David
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