Start-Up Costs and Fees |
||
| Tire Pros Francorp, LLC | Big O Tires | |
| Investment | 27500 - 396500 | 311000 - 1133300 |
| Franchise Fee | 0 | |
| Royalty Fee | 2%-5% | |
| Advertising Fee | 4.45% | |
| Year Founded | 2018 | 1962 |
| Year Franchised | 2018 | 1962 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tire Pros Francorp, LLC | Big O Tires | |
| Experience | Strong management skills | |
Financing Options |
||
| Tire Pros Francorp, LLC | Big O Tires | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tire Pros Francorp, LLC | Big O Tires | |
| 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 | |
| Operations | 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) | |
Expansion Plans |
||
| Tire Pros Francorp, LLC | Big O Tires | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| Franchise Fee | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| Royalty Fee | |
| Tire Pros Francorp, LLC | |
| Big O Tires | 2%-5% |
| Advertising Fee | |
| Tire Pros Francorp, LLC | |
| Big O Tires | 4.45% |
| Year Founded | |
| Tire Pros Francorp, LLC | 2018 |
| Big O Tires | 1962 |
| Year Franchised | |
| Tire Pros Francorp, LLC | 2018 |
| Big O Tires | 1962 |
| Term Of Agreement | |
| Tire Pros Francorp, LLC | |
| Big O Tires | 10 years |
| Renewal Fee | |
| Tire Pros Francorp, LLC | |
| Big O Tires | $1.5K |
Business Experience Requirements |
|
| Experience | |
| Tire Pros Francorp, LLC | |
| Big O Tires | Strong management skills |
Financing Options |
|
| Franchise Fees | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| Start-up Costs | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| Equipment | |
| Tire Pros Francorp, LLC} | |
| Big O Tires | |
| Inventory | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| Receivables | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| Payroll | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
Training & Support |
|
| Training | |
| Tire Pros Francorp, LLC | |
| Big O Tires | On-The-Job Training: Varies Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Tire Pros Francorp, LLC | |
| Big O Tires | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Tire Pros Francorp, LLC | |
| Big O Tires | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Tire Pros Francorp, LLC | |
| Big O Tires | 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) |
Expansion Plans |
|
| US Expansion | |
| Tire Pros Francorp, LLC | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Big O Tires | |
| Canada Expansion | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |
| International Expansion | |
| Tire Pros Francorp, LLC | |
| Big O Tires | |