How much does a tire franchise cost?
And franchisees get some freedom to operate independently while still receiving support when needed. In addition to traditional franchises, the company also offers multi-unit opportunities, veteran and first responder discounts, and conversion opportunities for existing tire businesses. The franchise fee ranges from $10,000 to $35,000.
How many Discount Tire stores are there in the US?
Now, with more than 890 stores in 28 states, Discount Tire has grown to become the world’s largest independent tire and wheel retailer according to Wikipedia. Discount/America’s Tire offers the largest selection of tires including leading brands such as Goodyear, Michelin, Bridgestone, and exclusive brands such as Arizonian and Fisk.
How did Discount Tire get its start?
Our Story: How We Started. Discount Tire first opened its doors in 1960, when Bruce T. Halle rented an old plumbing supply building on Stadium Boulevard in Ann Arbor, Michigan. Bruce cleaned out the building, built countertops, repainted the sign outside, and displayed his initial six-tire inventory.
Why choose Discount Tire?
Discount Tire continues to prosper because of the vision that lives and thrives in the hearts of our employees, from the store level to the corporate level. Visit one of our stores today, and experience the values that make Discount Tire the nation’s most trusted tire and wheel retailer.
How many stores does Discount Tire have?
What is discount tire?
Is Discount Tire a franchise?
Is Discount Tire a private company?
Discount Tire Company is an independent tire and wheel retailer....Discount Tire.Discount Tire store in Ypsilanti, MITypePrivate companyIndustryIndependent Tire RetailerFounded1960 Ann Arbor, Michigan, USHeadquartersScottsdale, Arizona, U.S.8 more rows
How profitable is a tire shop?
Is owning a tire shop profitable? Tire repair shop profits depend on a number of factors, including shop size, inventory, team size, prices, location, and sales and service volume. Moderately sized tire shops with minimal expenses may expect a profit margin of around 20 percent or more.
How much is the owner of Discount Tire worth?
"I had to open the tire business to get myself out of that mess." Today, Halle is worth $6 billion, according to Forbes, which recently published the latest edition of "The Richest Person in Every State" list confirming that Halle is yet again the wealthiest individual in Arizona.
Is America's tire and Discount Tire the same company?
Discount Tire / America's Tire / Discount Tire Direct, based in Scottsdale, Arizona, is the world's largest tire and wheel retailer. The company does business under the trade name Discount Tire in most of the U.S., America's Tire in parts of California, and Discount Tire Direct for direct online sales.
Is selling tires a good business?
There is no doubt tires can be a highly profitable segment of your business, but you're also providing another service to your community. The more services your shop can provide, the more valuable you are to your customers.
How much does it cost to start a tyre business?
The average startup costs for a tyre store: $19,815 Join our free weekly newsletter and get them right now.
Why is Discount Tire so successful?
Through honesty, service, and a willingness to pay it forward, we provide unexpected experiences that delight our customers and keep them coming back for more. To this day, Bruce Halle attributes the overall success of Discount Tire to these healthy attitudes and the employees who live them.
Where is the headquarters for Discount tires?
Scottsdale, AZDiscount Tire / Headquarters
How many locations does Discount Tire have?
Our 1,000+ locations across 35 states provide a wide range of product choices, affordable pricing, and expert staff.
How much does the CEO of Discount Tire make?
How much does a Founder and CEO make at Discount Tire in the United States? Average Discount Tire Founder and CEO yearly pay in the United States is approximately $14,500, which is 81% below the national average.
Who did Mavis Tire buyout?
Mavis Tire Express Services Corp. acquired Action Gator Tire Stores in January.
Who is the CEO of Discount tires?
Dean Muglia (2020–)Discount Tire / CEO
How much can you make selling tires?
You may earn as much as 20-30 percent profit on each tire selling them at retail, however. Wholesale profit markets measure at 5-10 percent, but you will receive higher volume orders as a wholesaler.
Can you make money with a tire machine?
With a wheel balancing and tire changing service one family vehicle can make you about $150 per year which may not seem like a lot but multiply that times the 8,000 potential families living in your town for a task that takes your technician 45-60 mins to complete.
Is TYRE changing business profitable?
One can expect a profit margin of around 10% in tyre business. It depends on your purchase quantity. If you give a bulk order then you can expect more margin. Small tyre brands like chinese brands pays you more margin compared to big brands like MRF.
11 Best Tires Franchises in USA for 2022 (UPDATED RANKINGS)
Here is the top 11 best Tires Franchises you can start in USA: 1. RNR Tire Express & Custom Wheels. Investments $500,000; Franchise fee $35,000; Year Brand Started – 2000
Estimated Cost of Opening a Tire Shop Business in 2022 - ProfitableVenture
Do you want to start a tire retail business and want to know the cost? If YES, here is a cost breakdown to open a tire shop and the profit margin / ROI. Tire is a major component in the automobile industry hence the regular demand for tires from automobile owners.
Tire service near me | Find a location | Discount Tire
When you go looking for a "tire shop near me" we've got you covered. With over 1000 locations, find your nearest store here.
What is discount tire?
Today, Discount Tire is America’s largest independent tire and wheel retailer. Our 1,000+ locations across 35 states provide a wide range of product choices, affordable pricing, and expert staff. More importantly, all our stores offer the individual customer focus and warm personal touch you’d expect from a neighborhood store. In the spirit of the first Discount Tire store, we maintain commitments to mutual respect and fairness for all through community engagement and responsible growth.
Who founded the first discount tire?
In 1960, Bruce T. Halle founded the first Discount Tire in Ann Arbor, Michigan. Starting with an inventory of only six tires, Halle grew his store by cultivating connections to the community and honoring relationships with customers and employees. Through respect, fairness, and a willingness to always pay it forward, Halle transformed his store into a thriving, responsible business.
Why is discount tire so successful?
Through honesty, service, and a willingness to pay it forward, we provide unexpected experiences that delight our customers and keep them coming back for more. To this day, Bruce Halle attributes the overall success of Discount Tire to these healthy attitudes and the employees who live them. From his perspective, success comes from focusing on what each person owes to his family, to the future generation of employees, and to the next customer coming in the door.
When did discount tire start?
Discount Tire first opened its doors in 1960, when Bruce T. Halle rented an old plumbing supply building on Stadium Boulevard in Ann Arbor, Michigan. Bruce cleaned out the building, built countertops, repainted the sign outside, and displayed his initial six-tire inventory.
Get Spiffy
Spiffy® is an on-demand technology and services company. The main concept of the company is environmentally friendly car care for individuals and car fleets. Get Spiffy has always focused on mobile devices, apps, car wash and detailing.
All Tire Supply
Based in Houston, Texas, All Tire Supply Company has been a leader in the wholesale and distribution of automotive supplies and equipment since 1960. All Tire Supply specializes in tire repair products and offers a full range of tire repair tools and consumables.
In Motion Tires
In Motion Tire & Performance is a local tire service center founded in 2008. The company provides a full range of mobile tire and wheel shops throughout the country. They currently have markets available in several states. Owners get the opportunity to work closely with clients and work with their own hands on a daily basis.
What is tire discounters franchising?
With plans for greater growth on the horizon, Tire Discounters recently unveiled the details of its franchising program, which aims to help independent tire dealers form a succession plan and partner with the company.
Where are tire discounters located?
Today, Tire Discounters operates more than 140 locations across Ohio, Kentucky, Indiana, Tennessee, Georgia and Alabama. Ward said in the next five years, Georgia is a market where Tire Discounters will highly concentrate its efforts on expansion.
Who is the CEO of Tire Discounters?
Tire Discounters President and CEO Jamie Ward outlined the ways Tire Discounters wants to help independents, and at the same time grow its footprint nationwide, during an event for tire trade media June 25 at Tire Discounters’ new headquarters in downtown Cincinnati.
Who bought Porterfield Tire?
Through two acquisitions, Ward said the franchise model has proven to be successful. In December 2020, Tire Discounters acquired Porterfield Tire, with locations in Athens and Watkinsville, Georgia. In this acquisition, Ward said the Porterfield family kept their real estate but sold their business, which includes retail, commercial and a warehouse.
How much does it cost to franchise a tire pro?
It’s also backed by American Tire Distributors, the largest tire distribution network in North America. And there are currently more than 600 franchise locations throughout the country. The fee for the franchises is just $7,000. And the total upfront investment ranges from $218,000to $369,500.
How much does a tire repair franchise cost?
Tire repair and automotive franchises can cost anywhere between $100,000 and $1,000,000. Generally, mobile franchises cost between about $100,000 and $200,000. And larger brick and mortar shops that provide tire repair and other automotive services cost between $200,000 and $1,000,000.
How much can you make owning a tire shop?
However, a moderately sized shop with a few employees and service bays can bring in between $36,000 and $60,000 per month. That could lead to monthly profits of $20,000 or more.
How do I start a tire business?
To start a new tire repair shop, you first need to find a location. Scout a location that’s easy to access with plenty of space for repair bays and inventory storage. You should also research the customers in the area. Pretty much every location has some need for tire repair or replacement. But the income range and driving habits of your customers may impact what type of products and services you provide. For example, shops in a low-income area may benefit from offering used tires. But if you’re opening up in a city with lots of public transit, research competition in the area to make sure the market isn’t too saturated.
What is Gomobile tire?
GoMobile Tires. GoMobile provides customers with a mobile tire buying experience. Basically, you can run everything from a van instead of a large storefront. You can keep a minimal inventory and each discount franchise is set up with an online purchasing platform for customers to easily order online.
What is a Meineke franchise?
Meineke is a total auto care franchise business. With tons of services, franchises can enjoy a variety of revenue streams. And the company has national and well-established brand recognition in markets across the country. It also provides a dedicated tech platform for performing inspections and managing operations. Basically, this can make the day to day operations much more straightforward, which is especially helpful for new franchises. They look for franchisees with business acumen, strong community ties, and a drive to succeed. The initial franchise fee is $35,000. And startup costs range from $319,774 to $610,318.
What is mobile distributor?
As a mobile distributor, they work with auto repair shops, dealers, and retailers that need replacement parts. Since it’s not a traditional repair shop, you can keep startup costs relatively low. For example, you just need a warehouse for inventory and distribution network, rather than a fully developed storefront.
How many Canadian Tire stores are there?
With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.
Where is All Tire located?
All Tire Supply Company, located in Houston, Tx, has been a leader in the business of wholesale and distribution of automotive supplies and equipment since 1960.
How long does it take to start a smart tire business?
With the help of the Smart Tires team, you could be up and running your rent-to-own tire business in 60 days !
What is GoTire tire?
GoTire is a business with real traction, providing an essential tire service that nearly every Canadian needs at least once or twice a year. Our customers include the general public and companies with fleets of vehicles.
Can Tire Guys repair your tires?
If you have ever had car problems you will understand the benefit of calling a Tire Guys franchisee who will come to you and repair and/or replace your tires. It makes sense to open a business that offers a skill set and service that everyone will require and you can benefit from.
Is Kwicksilver a franchise?
Kwicksilver is now offering franchises to qualified businesses and individuals interested in taking advantage of the rapidly emerging wheel repair/recon market. No one else offers such a comprehensive package of training, equipment, tools, supplies, marketing and ongoing consultation. We are with you every step of the way to ensure your success.
Is RimTyme a franchise?
Founded in 2005, RimTyme is an offshoot of ColorTyme, another rent-to-own franchise, which is a subsidiary of Rent-A-Center. RimTyme stores sell and install custom rims and tires, with payment options including a credit card, cash, lease ownership plan or 90 or 120-day cash payment.
How many stores does Discount Tire have?
Now, with more than 890 stores in 28 states, Discount Tire has grown to become the world’s largest independent tire and wheel retailer according to Wikipedia. Discount/America’s Tire offers the largest selection of tires including leading brands such as Goodyear, Michelin, Bridgestone, and exclusive brands such as Arizonian and Fisk.
What is discount tire?
Discount Tire is regarded as one of America’s most respected companies, rising from a single-man operation and growing into the largest independent tire and wheel retailer. Its growth has been largely attributed to the company’s long-standing focus on fair dealing, reasonable prices, top-notch customer service and guaranteed satisfaction.
Is Discount Tire a franchise?
To answer that question we should say according to the Tire Discount company website, Discount Tire is a privately owned organization. Therefore, there are no franchise opportunities available. If you consider buying a tire shop franchise, you should look into other franchise business models that sells tire as well.
