GoMobile Tires Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$30,000
Investment required
$127,000 - $258,000
Royalty fee
5.00%

GoMobile Tires: Revolutionizing Convenience in Tire Services

GoMobile Tires, based in Portland, Oregon, is a renowned network of mobile tire shops providing comprehensive tire services. Their offerings include tire sales, installations, TPMS, flat repairs, and tire rotations, all delivered to customers at their homes, offices, or recreational areas.

Founded in 2018, GoMobile Tires began franchising in 2019. By 2022, the company had grown to over 25 locations nationwide and is actively working to expand its fleet of mobile service vans.

The GoMobile Tires franchise presents an attractive opportunity for entrepreneurs, offering a flexible, customer-focused model in the tire industry. With its modern approach to tire services, GoMobile Tires is establishing itself as a significant contender in the multi-billion-dollar tire market.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

GoMobile Tires offers 2 types of franchises:

Franchise Option Initial Investment
GoMobile Detail Franchise $126,600 to $162,600
GoMobile Tires Franchise $221,600 to $257,600

We are summarizing below the main costs associated with opening a GoMobile Tires Franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

GoMobile Tires Franchise

Type of Expenditure Amount
Initial Franchise Fee $35,000
Initial Advertising Fee $25,000
Branded Vehicle and Certain Initial Equipment and Supplies $135,000 to $150,000
Vehicle Delivery $2,000 to $3,000
Payroll – 3 months $9,000 to $12,000
Out-of-Pocket Expenses During Training $1,000 to $5,000
Licenses and Permits $100 to $500
Professional Fees $1,000 to $2,000
Insurance (Annual) $7,000 to $8,500
Rent for Office or Warehouse (if Applicable) – 3 months $0 to $3,600
Smart Phone or Tablet $500 to $1,000
Miscellaneous Opening Costs $1,000 to $2,000
Additional Funds – 3 months $5,000 to $10,000
Total $221,600 to $257,600

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Number of units

2022
Franchised units

0

0

3

Company-owned units

2

3

3

Total units

2

3

6

Franchise Disclosure Document

Training 

The GoMobile Tires franchise provides an extensive training program that includes:

Mandatory Initial Training: A combination of online and onsite sessions covering franchise operations, financial management, marketing strategies, and service techniques. This training is compulsory for franchisees, their managers, and technicians.

Additional Training for Performance Improvement: Should franchisees not meet operational standards, they may be required to undergo further training, either at the franchisor's headquarters or at the franchisee's location.

Training for New Technicians: Any new technicians employed by franchisees must complete the franchisor's training program before engaging with customers.

Refresher Training Programs and Seminars: Franchisees and their staff are periodically required to attend refresher training programs or seminars at designated locations.

Territory Protection

The GoMobile Tires franchise grants franchisees a protected, yet non-exclusive, territory known as the "Franchise Territory." This territory is designated based on factors such as local vehicle registrations, population demographics, and geographic characteristics. While franchisees receive certain territorial protections, they may still encounter competition from other franchisees, franchisor-owned outlets, or other brands under the franchisor's control.

The franchisor commits not to establish or allow others to service customers within a franchisee's territory with the same franchise type, as long as the franchisee remains in compliance with the Franchise Agreement.

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