RNR Tire Express Franchise Opportunities

$2.95 million in sales and $690k in operating income yields a 23% net profit in the top twenty stores – a greater ROI than the average QSR.

RNR Tire Express franchisees earn a solid return on their time, money, and energy.

In 2021, according to our Franchise Disclosure Document (FDD), the average location generated 1.75 million in sales and showed an operating income of $272,000, a 15.5% net profit.*

Our top 20 highest volume stores generated 2.95 million in sales and $690,000 in operating income for a 23.3% net profit.*

To put this in better perspective, according to research site Macrotrends, in 2020 quick-service restaurant chains, many nationally recognized household names earned an average profit 10.4% of sales.

High volumes and high margins not only create better returns, but they also allow franchisees greater access to lending institutions for expansion capital, which in turn allows franchisees to scale more quickly.

*Disclaimer

*The figures above reflect averages for the 20 top revenue stores (19%) of the 95 stores reporting that opened in 2018 or prior and have been open at least 24 months. These averages are based on a 52-week annual period from January 1, 2020 through December 31, 2020. Of these 20 stores, 9 (45%) had higher total revenue and 9 (45%) had higher operating income. Of these 20 stores, 10 (50%) surpassed the Median numbers. Please see our Franchise Disclosure Document to review the entire Item 19 financial disclosures.

Other than the preceding financial performance representation, SPF Mgt. Co., LLC does not make any financial performance representations. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor’s management by contacting Vince Ficarrotta at 13922 Monroes Business Park Tampa, FL 33635, (813) 977-9800, the Federal Trade Commission, and the appropriate state regulatory agencies.