Tire Pros Franchise Costs, Fees & FDD

Year Business Began: 1988

Franchising Since: 1988

Headquarters: Huntersville, North Carolina

Estimated Number of Units: 505

Franchise Description: The franchisor is Asphalt Tire Pros Francorp, LLC d/b/a Tire Pros Francorp. The franchisor offers franchises for either converting existing retail tires stores or opening new facilities for Tire Pros centers operating under its system.
Training Overview: Within 60 days of commencing operation of their Tire Pros center, both (i) the designated operator(s) and (ii) the franchisee (or an owner of if the franchisee is a legal entity) or a manager for the center, must permit trainers at the Tire Pros center. All training will take place at the franchisee’s center in order to avoid the expenses of airline travel, lodging and meals to attend the New Dealer Onboarding and Program Training. The New Dealer Onboarding and Program Training will cover the Tire Pros marketing philosophy, product lines and warranty programs and general information. Various trainers from corporate partners may participate in the New Dealer Onboarding and Program Training as needed.

Territory Granted: The Franchise Agreement does not give franchisees any territorial rights or protections in any geographic area. The Franchise Agreement grants franchisees the right to operate a center at retail only from a specific location. The franchisor does not grant franchisees any exclusive territory or other territorial rights under these agreements other than the right to operate the center. Unless approved by the franchisor, franchisees may not sell products and services through the internet using the marks.

Obligations and Restrictions: The franchisor does not require franchisees to personally supervise their Tire Pros center. However, the day-to-day operations of the center must be directly supervised on a full-time basis by designated operator(s) who have successfully completed the New Dealer Onboarding and Program Training and have been approved by the franchisor. Franchisees must conduct the business operated at their center as required by the manual and the Franchise Agreement. Franchisees must attend all Tire Pros National Dealer meetings and conferences unless the franchisor excuses the absence.

Term of Agreement and Renewal: The length of the initial franchise term is five years. If franchisees are in compliance with this Franchise Agreement and all other agreements with the franchisor or any of its affiliates, the franchisor may, at its own discretion and without any obligation to do so, offer franchisees a renewal term of five additional years by completing the requirements.

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

Estimated Initial Investment

Name of Fee	Low	High
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 System 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 The First 3 Months	$15,000	$45,000
Additional Funds (3 Months)	$87,475	$101,725
ESTIMATED TOTAL (for start-up; excludes real estate purchase)	$278,975	$503,725

 
Other Fees

Type of Fee	Amount
Monthly Franchise Fee (Royalty)	Currently $695 per month for the first center.
National Advertising Fund Contribution	Currently $200 per month.
Marketing Contribution Based on Ad Plan	Mutually agreed amount, but not less than $250 per month.
Tire Pros Warranty Fee	Currently $85 per month.
Required Materials	Reasonable cost.
Training Fees for Training After the Program Overview Training Course & the New Dealer Onboarding	Varies by training event.
Training Materials	Varies.
Late Fees and Interest	$25 late fee plus interest at the lesser of 18% or highest legal rate.
Attorney’s Fees and Costs	Reasonable legal fees and costs.
Transfer Fee	Then-current transfer fee not to exceed $2,000.
Reimbursement for Failure to De-identify	The franchisor’s costs of entering the center to remove, repaint or alter the premises to remove any use of its marks or trade dress, if applicable.
Indemnification	Will vary under the circumstances.
Termination Fee	$695 per month.
Bank Transfer Fees (insufficient funds)	The franchisor’s out-of-pocket costs and administrative fee.

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