Tire Pros Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$7,000
Investment required
$12,000 - $483,000
Royalty fee
$695 per month

Tire Pros: Empowering Independent Dealers with National Strength

Tire Pros is a franchise network that unites independent tire dealers under a national brand, offering a blend of local ownership with the advantages of a larger organization. Founded in 1988, Tire Pros has grown to include over 600 independent and locally invested tire and automotive service dealers across the United States.

The franchise is backed by American Tire Distributors (ATD), the largest supplier of tires in North America, providing franchisees with significant resources and support.

Tire Pros offers a comprehensive range of products and services, including tires, wheels, scheduled car maintenance, and various auto care services. This extensive offering allows franchisees to cater to diverse customer needs, enhancing their competitiveness in the market.

By combining the freedom of independent ownership with the competitive advantages of a national franchise, Tire Pros enables dealers to maintain their entrepreneurial spirit while benefiting from the strength and support of a larger network. This unique model differentiates Tire Pros from competitors, fostering a collaborative environment where franchisees are independent but never alone.

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.

Tire Pros offers 2 types of franchises:

Type of Expenditure Amount
TIRE PROS Center $11,995 - $136,745
Start-up TIRE PROS Center $278,975 - $482,725

We are summarizing below the main costs associated with opening a Start-up TIRE PROS Center. For more information on costs required to start a Tire Pros franchise, refer to the Franchise Disclosure Document (Item 7).

Type of Expenditure Amount
Initial Franchise Fee $7,000 - $7,000
Pre-Opening Purchases $0 - $20,000
Lease Deposit $0 - $15,000
Remodeling Costs $0 - $25,000
Computer Equipment/Point of Sale and Furniture $7,500 - $35,000
Shop Equipment $150,000 - $175,000
Signs $1,500 - $25,000
Miscellaneous Opening Costs $500 - $5,000
Opening Inventory $10,000 - $50,000
Rent for First 3 Months $15,000 - $24,000
Additional Funds (3 Months) $87,475 - $101,725
Total $278,975 - $482,725

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Number of units

2023
Franchised units

615

615

623

Company-owned units

0

0

0

Total units

615

615

623

Franchise Disclosure Document

Training

Tire Pros provides comprehensive training to its franchisees to ensure they are well-equipped to operate their centers effectively. This includes the New Dealer Onboarding and Program Training, which covers essential topics such as Tire Pros' marketing philosophy, product lines, and warranty programs.

The training is typically conducted at the franchisee's location to reduce expenses and involves both the franchisee and designated operators or managers.

Additionally, the program may include participation from trainers representing key suppliers like Continental and Michelin. The goal is to align the franchisee's operations with Tire Pros' system standards and methods.

Territory Protection

Tire Pros offers limited territory protection to franchisees by assigning a designated area for operations, reducing direct competition from other franchisees.

However, the franchisor reserves the right to compete within the territory under certain conditions, such as introducing new initiatives or suppliers.

This arrangement provides operational exclusivity but does not guarantee complete immunity from competition by the franchisor.

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