What Does It Cost to Open a Big O Tires Franchise, and What Does It Get You?

October 17, 2022
franchise investment

Starting a small business requires resources in the way of time, energy, and money, and opening a Big O Tires franchise is no different. The good news is because we’ve helped so many franchisees get up and running, we have a very good idea about what’s required financially. Our estimate of the required initial franchise cost factors in just about everything you’ll need to open your doors and start serving your community. Here, we’ll take a look at some of our estimated investment numbers and what they get you.

Your Initial Tire Franchise Opportunity Investment

Your Big O Tires franchise investment will put you squarely in the middle of a robust and recession-resistant industry. Below are some estimated investment numbers to consider: 

  • Initial Franchise fee: $10,000 - $35,000
  • Grand Opening Advertising $10,000 - $50,000
  • Technology: $20,500 - $33,500
  •  Construction and Remodeling: $25,000 - $500,000
  • Equipment and fixtures: $100,000 - $320,000
  • Initial supplies and inventory: $75,000 - $150,000
  • Additional funds: $50,000 - $150,000
  • Total initial investment: $333,500 - $1,441,800 

Your tire shop franchise costs will vary depending on the size and location of your shop and whether you’re establishing it from the ground up or converting an existing business. For a complete breakdown of our estimate of the required initial investment, including additional line items not discussed above, request a copy of our Franchise Disclosure Document and see Item 7.

Additionally, you’ll be required to pay a monthly royalty generally ranging between 3.5% and 5% of each month’s Gross Sales under our standard Business Format Franchise program. You will also pay a minimum of 4% of each months’ Gross Sales for local advertising plus up to 1% of each month’s Gross Sales for national marketing. These amounts help to pay for our national marketing campaigns, our ongoing research and development, and the support and guidance you’ll receive for the life of your business.  See Item 6 of our Franchise Disclosure Document for additional fees that apply for a Big O Tires franchise.

Important Franchisee Resources and Our Franchise Cost

Investing in a Big O Tires franchise is a smart move for all kinds of reasons. To begin with, when you partner with us, you’re doing so with a brand that people have known and trusted for decades, making the process of establishing your business and reputation much easier. On top of that, you’ll enjoy:

Pre-opening training:

before your franchise doors open, you’ll spend time at Big O Tires Academy, where you’ll learn everything you need to know to operate your franchise, including how to manage inventory, how to use our point-of-sale system, how to market your business and much more.

Vendor relationships:

as a franchisee of Big O Tires, which is owned by TBC Corporation, one of North America’s largest marketers of automotive replacement tires, you’ll enjoy the powerful combination of independent ownership with the backing of a major corporation, granting you access to a broad distribution and supply chain network.

Expert marketing:

our high-quality branding and national marketing efforts feature unforgettable messaging and a consistent look across all channels, from TV advertising to in-store displays to social media. You’ll also have access to marketing templates for your local outreach efforts.

A time-tested business model:

our proven processes and procedures have stood the test of time and will take much of the trial and error out of running your franchise, leaving you more time for customer service and growth.

Robust revenue streams:

you’ll be able to serve your community through a comprehensive suite of services that include tire sales, installation and repairs, oil and filter changes, routine auto care, and more.

As we’ve just outlined, a Big O Tires franchise investment is a premier one that comes with strengths and benefits the competition simply can’t match!

To find out more information about a Big O Tires franchise investment, request a copy of our FDD today!

Big O Tires, LLC

4300 TBC Way

Palm Beach Gardens, Florida 33410

New York:  This advertisement is not an offering. An offering can only be made by prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law.

Minnesota File Nos. 4842 and 6690

Please note that the information contained on this website does not constitute the offer of a franchise and that such offers will be made only in conjunction with the presentation of Big O’s Franchise Disclosure Document in states where we are first registered, excluded, exempted, or otherwise qualified to offer franchises in that state. Big O Franchises are not available in all states. MN Reg. File No. F#4842
© 2022 Big O Tires. All rights reserved.
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