Franchise Deep Dive: Big O Tires Franchise Costs, Fees, Profit and Data
With more than 465 locations and counting, Big O Tires has climbed the ranks to become one of the largest retail tire franchisors in North America.
LAST UPDATED: October 6, 2023
FRANCHISE WEBSITE: https://www.bigofranchise.com/
NUMBER OF LOCATIONS: 465+
REPORTED COST TO GET IN: $375,500 to $1,572,500
REPORTED ROI (Item 19): $530,000 (annual net income for the top 25% of locations)
Big O Tires is a tire and auto service shop that provides a number of automotive-related services, including tire sales and repair, oil changes, brake repairs, wheel alignment, and suspension and front-end services.
Big O Tires, which is based out of Palm Beach Gardens, Florida, was founded in 1962. Over the last 60 years, it has become one of the largest retail tire franchisors in North America. It serves as a subsidiary of TBC Corporation, one of America’s largest marketers of tires in the automotive market.
How Many Big O Tires Locations Are There?
As of October 2023, there are more than 465 Big O Tire locations spread across 25 states. The brand is actively offering new franchise opportunities throughout the United States. You can find the brand’s current target markets here.
What Is Big O Tires’ Business Model?
Big O Tires’ business model is centered around providing comprehensive retail tire and automotive services to customers. Each location offers a wide range of tires for various vehicles, and provides services such as tire installation, wheel alignment, brake repairs, oil changes and general automotive maintenance and repairs.
As a result of its business model, Big O Tires provides entrepreneurs with a recession-resistant opportunity — a constant demand for automotive services. Big O Tires does not require its franchisees to have previous industry experience, as new owners will receive all the necessary training and support required to get off the ground running.
Big O Tires lists the following benefits associated with becoming a franchise owner:
- Proven business model
- Protected market area
- Comprehensive pre-opening training and ongoing corporate support
- Expert marketing assistance
- Access to an unparalleled distribution and supply chain network
How Much Can Big O Tires Franchise Owners Make?
In 2022, the top 25% of Big O Tires locations earned an average of nearly $530K in annual net income, while the bottom 25% of locations averaged nearly $64K in annual net income.
How Much Does It Cost To Open a Big O Tires Franchise?
The initial investment required to open a Big O Tires franchise ranges from $375,500 to $1,572,500. This investment is broken down into the following costs:
- Initial Franchise Fee: $10,000 to $35,000
- Grand Opening Advertising: $10,000 to $50,000
- Equipment and Fixtures: $100,000 to $320,000
- Technology: $20,500 to $33,500
- Initial Supplies and Inventory: $75,000 to $150,000
- Construction and Remodeling: $25,000 to $500,000
- Additional Funds: $50,000 to $150,000
What Is the Franchise Fee for Big O Tires?
The initial franchise fee required to operate a Big O Tires franchise ranges from $10K to $35K. The brand also offers a discount of up to $17,500 off its initial franchise fee for qualified veterans and first responders.
Who’s On the Big O Tires Leadership Team?
- Brian Maciak — President and COO at Big O Tires
- Sam Kato — President and CEO at TBC Corporation
- Scott Hurd — CFO at TBC Corporation
- Don Byrd — Chief Strategy Officer at TBC Corporation
What Helpful Articles Can I Read to Learn More About Big O Tires?
- Big O Tires plans to open 10 stores in first quarter
- Big O’s Brian Maciak: ‘We Have Aggressive Plans’ for Growth
- Big O Tires names new President & COO
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