Now more than ever, the auto repair industry is an essential one, worth $419B and servicing over 288 million cars on American roads today1. Your Big O Tires franchise will be able to provide drivers with an important suite of products and services, including:
With more cars on the road each year and the average lifecycle of vehicles now averaging 12 years, many of them are exceeding manufacturer warranty periods, and 90% of owners do not return to the dealer for service.2
* NET INCOME: This number is an historic financial performance representation reflecting the average of franchisee net income on an annual basis for the 2021 calendar year of the top quartile of all Big O Store outlets (in terms of total income) that operated for at least 12 consecutive months as of December 31, 2021, that furnished financial data to us for the year that we believe to be reliable, and which remained under the same ownership during the 2021 calendar year (the “2021 Top Quartile Stores”). The 2021 Top Quartile Stores include 62 outlets, of which 26 (or 42 percent) exceed the average net income of that group. The information was compiled using actual reported sales of our existing U.S. Big O Tires Store outlets during the year 2021 based on monthly sales reports submitted to us by Big O franchisees for the purpose of computing royalty fees and other financial data of these shops that was submitted to us. We have not independently audited or verified the accuracy of these numbers, and we do not know if these numbers have been verified or audited on behalf of the franchisees. Some outlets have earned this amount. Your individual results may differ. There is no assurance that you’ll earn as much. See Item 19 of the Big O 2022 FDD for further information.
1Auto Care Factbook, published by Auto Care Association, 2021
2Auto Care Factbook, published by Auto Care Association, 2021