Franchise Deep Dive: RNR Tire Express Franchise Costs, Fees, Profit and Data

With more than 20 years in operation, RNR Tire Express has created a profitable and scalable franchise opportunity for those looking to work in a recession-resistant industry.

By Jeff DwyerStaff Writer

12:12PM • 10/11/23

LAST UPDATED: October 10, 2023
FRANCHISE WEBSITE: https://rnrfranchise.com/
NUMBER OF LOCATIONS: 180
REPORTED COST TO GET IN: $735,797 to $1,672,575
REPORTED ROI (Item 19): $1.75 million (Average sales for an average location in 2022)

RNR Tire Express is a national franchise retailer and installer of quality tires, custom wheels and related automotive services. The brand’s offerings include everything from alignments, tire rotations, wheel balance, flat tire repair, installation and general maintenance.

RNR Tire Express was founded in 2000 by Larry Sutton and over the past two decades, has grown into one of the largest retail tire stores in the United States.

As a result of its offerings, RNR Tire Express in 2021 and 2022 was ranked No. 1 in the Tire and Wheel Category by Entrepreneur Magazine.

How Many RNR Tire Express Locations Are There?

As of October 2023, there are more than 180 RNR Tire Express locations in nearly 30 states.

What Is RNR Tire Express’ Business Model?

RNR Tire Express’ business model is focused on offering tire and related automotive services to customers. According to the brand’s website, the RNR Tire Express franchise opportunity is recession-resistant and offers entrepreneurs “the proof of concept, profitability, scalability, sustainability, and barriers to entry smart franchise investors look for.”

RNR boasts that its company culture is built on serving its customers “and not just providing them service.” Additionally, the brand offers a unique lease purchase payment model that allows franchisees to make money both on the sale of tires and custom wheels, as well as extended lease payments. The lease-purchase payment model serves an underserved consumer niche of middle-income customers who don’t have the credit or cash to pay for replacement tires.

How Much Can RNR Tire Express Franchise Owners Make?

According to RNR Tire Express’ website, in 2022, the top 20 franchise locations saw a total average revenue of $2,914,848 and an average operating income of $633,657. An average location generated roughly $1.75 million in sales and showed an operating income of $252K.

How Much Does It Cost to Open an RNR Tire Express Franchise?

The initial investment necessary to open an RNR Tire Express franchise ranges from $735,797 to $1,672,575 including working capital. This investment is broken down into the following costs:

Initial Franchise Fee: $45,000
Location Study/Demographic Analysis: $500
Rent (3 months): $15,000 to $33,000
Security Deposits: $1,000 to $13,600
Leasehold Improvements: $60,000 to $350,000
Shop Equipment: $7,000 to $150,000
Furniture, Fixtures and Décor: $10,000 to $50,000
Vehicle (3 months): $2,100 to $2,500
Computer Hardware and Software: $4,322 to $24,000
Initial Inventory: $75,000 to $100,000
Blue Prints, Licenses and Permits: $5,000 to $50,000
Signage: $15,000 to $50,000
Insurance (Annual Premium): $15,000 to $25,000
Grand Opening Advertising: $33,000 to $102,000
Change Fund: $300
Professional Fees: $1,500 to $3,500
Travel Expenses for Training: $5,000 to $10,000
Salaries for Training and Pre-Opening: $15,000 to $20,000
Tire Industry Association Membership: $180
Association of Progressive Rental Organization: $395
Additional Funds: $300,000 to $500,000

What Is the Franchise Fee for RNR Tire Express?

The franchise fee required to open an RNR Tire Express franchise is $45,000.

Who’s On RNR Tire Express’ Leadership Team?

What Helpful Articles Can I Read to Learn More About RNR Tire Express?

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