Big O Tires Franchise

Auto repair center specializing in tire services

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A small group of tire dealers came together in 1962 and started Big O Tires, a franchise that is now based in Palm Beach Gardens, Florida.. Each Big O Tires center offers a variety of auto repair services, including brake, alignment and front-end repair, as well as tire and ride control products. Big O Tires has centers across the United States and in British Columbia, Canada.The Team You Trust!The total investment necessary to begin operation of a Big O Tires 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. If you sign an Area Development Agreement for multi-unit 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   #100 on Franchise Rankings.com#91 in Franchise 500 for 2020.#205 in Franchise 500 for 2021.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Big O Tires, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Big O Tires website.

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 Franchise Costs

  • Initial Investment:
    $311,000 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    2%-5%
  • Advertising Fee:
    4.45%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $1.5K

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

Big O Tires Growth History

When did the first Big O Tires open? 1962
When did Big O Tires start Franchising ? 1962

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)

Strong management skills


How much does a Big O Tires Franchise owner make?

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 ver_a. 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 oper_ating costs like signage, furniture, decoration and renovations.

Initial Investment
$35,000 - $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
Latest News
Big O Tires Donates $50,000 To Childhood Cancer Foundation

2006-10-28
Big O Tires Names New President Of Franchise Business

2006-10-04
Big O Tires Donates $65,000 To American Red Cross

2005-09-16
Tbc Corporation Signs Definitive Agreement To Acquire Merchant's, Incorporated
Memphis, Tn
2003-03-26 View All
Big O Tires Franchise Opportunity viewed times by investors.
 

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 recomend that anyone seriously interested in pursuing an Big O Tires franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.