RNR Tire Express Franchise Costs, Fees & FDD

Year Business Began: 1999

Franchising Since: 2003

Headquarters: Tampa, Florida

Estimated Number of Units: 200

Franchise Description: The franchisor is SPF Mgt. Co., LLC. The franchisor is offering a franchise for a retail store operating under the “RNR Tire Express” name that sells and rents tires, wheels and other automotive accessories.
Training Overview: Franchisees, their operator, their general manager and all store team members must attend and complete, to the franchisor’s satisfaction, the initial training program. The initial training program is mandatory. The standard initial training program consists of approximately 10 hours for the franchise owner, 126 hours for the operator, and 105 hours for the general manager and front line team members including but not limited to sales, account managers, and shop technicians that will consist of on-line courses, classroom, and on-site training at an RNR Tire Express Store owned by the franchisor or its affiliates in Tampa, Florida, at their RNR Tire Express Store, and/or at another location designated by the franchisor. The franchisor will also provide franchisees with one of its representatives to provide on-site training and assistance at the approved location for up to 14 days around the store’s opening. Franchisees may request additional on-site assistance during the term of the Franchise Agreement. The franchisor reserves the right to conduct periodic refresher training and/or an annual meeting of its franchisees, and the franchisor may designate that attendance by franchisees and/or their general manager is mandatory.

Territory Granted: Under the Franchise Agreement, franchisees may establish and operate one RNR Tire Express Store at an approved location. The territory will be described in the Franchise Agreement and will be determined by various factors, including demographics, the concentration of other businesses in the vicinity, existing and potential competing businesses, projections of growth in the area, and the economic environment. The territory will encompass an area with a minimum radius of three miles. During the term of the Franchise Agreement the franchisor will neither establish and operate, nor license any other party to establish and operate, a RNR Tire Express store under the system and the proprietary marks within the territory.

Obligations and Restrictions: Although the franchisor recommends that franchisees personally participate in the direct operation of the franchised business their personal on-premises supervision is not required, but the day-to-day operation of the franchised business must be supervised by a manager who has satisfactorily completed the training program. Even if franchisees do not personally supervise the operation of their franchised business, they must attend and satisfactorily complete the training program. The franchisor does not restrict the types of wheels or tires that franchisees may offer at their store, as long as they are purchased from one of the franchisor’s approved suppliers. Franchisees must sell or offer for sale only the automotive accessory items that the franchisor has expressly approved in writing. Franchisees must offer the franchisor’s “Roll-Safe/Roll-Pro Program” to their customers, if permitted by applicable state law.

Term of Agreement and Renewal: The length of the initial franchise term is 10 years. If franchisees satisfy the requirements, they may sign a successor agreement for up to two additional terms of 10 years each, unless the franchisor determined, in its sole discretion, to withdraw from the geographical area where the outlet is located.

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guaranty a franchisor’s note, lease or obligation.

Estimated Initial Investment

Name of Fee	Low	High
Initial Franchise Fee	$45,000	$45,000
Location Study/ Demographic Analysis	$500	$500
Rent – 3 Months	$15,000	$45,000
Security Deposits	$5,000	$20,000
Leasehold Improvements	$100,000	$400,000
Shop Equipment	$11,000	$200,000
Furniture, Fixtures and Décor	$18,000	$50,000
Vehicle – 3 months	$2,100	$2,700
Computer Hardware and Software	$5,186	$28,800
Initial Inventory	$75,000	$125,000
Blue Prints, Licenses and Permits	$25,000	$50,000
Signage	$20,000	$60,000
Insurance – Annual Premium	$15,000	$25,000
Grand Opening Advertising	$36,000	$102,000
Change Fund	$300	$300
Professional Fees	$2,500	$5,000
Travel Expenses for Training	$15,400	$22,400
Salaries for Training and Pre-Opening	$20,000	$30,000
Tire Industry Association (TIA) Membership	$180	$180
Association of Progressive Rental Organizations (APRO)	$395	$395
Additional Funds - (3 months)	$300,000	$500,000
ESTIMATED TOTAL	$711,561	$1,712,275

 
Other Fees

Type of Fee	Amount
Royalty	5% of gross revenues.
National Advertising Fund Fee	Current fee is zero; Maximum fee is 2% of gross revenues.
Local Advertising	5% of gross revenues.
Cooperative Advertising	As determined by the cooperative members.
On-Site Training or Assistance	The then-current per diem rate for each representative the franchisor sends to the store, plus expenses. Current per diem rate = $300.
Transfer – Franchise Agreement	$10,000
Transfer – Multi-Unit Development Agreement	$20,000
Insurance	Reimbursement of the franchisor’s costs.
Successor Agreement Fee	$1,500
Indemnification	Amount of loss or damages plus costs.
Costs and Attorneys’ Fees	The franchisor’s costs and expenses, including but not limited to attorneys’ fees, incurred for the franchisee’s failure to pay amounts when due or failure to comply in any way with Franchise Agreement.
Interest on Overdue Amounts	18% per annum or the highest contract rate the franchisor can charge, whichever is less.
Audit	Actual costs and expenses.
Insufficient Funds Fee	$100
Liquidated Damages – Franchise Agreement	Franchisees must pay the average monthly royalty fee and brand fund contribution payable by them for the 12 months prior to their default, multiplied by the lesser of (i) 24 months, or (ii) the number of months remaining in the term of their Franchise Agreement.
Liquidated Damages – Multi-Unit Development Agreement	$2,000 per month.
Software Support Fee	$1,000 per month.

The above information has been compiled from the FDD of RNR Tire Express. Year of FDD: 2025.
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