百大连锁店-Rank no. 316 -新移民致富之路

百大连锁店-Rank no. 316 -新移民致富之路


Rank no. 316 – RimTyme – US

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Products & Services: Rent-to-own custom wheels & tires

Number of Locations: 25

Total Investment: $321.2K – 684.25K

Founded: 2005

Began Franchising: 2007

About RimTyme

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.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 25 0 0 0
2012 24 0 0 0
2011 20 0 0 1
2010 14 0 0 9
2009 13 0 0 11
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $321,208 – $684,250
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: Term of agreement not renewable
FINANCIAL REQUIREMENTS

Net Worth: $500,000
Liquid Cash Available: $200,000

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #316 (2013), #315 (2012), #391 (2011), #424 (2009),
Top New: #17 (2012), #32 (2011), #39 (2009),

RIMTYME ROLLS HOW YOU ROLL

RimTyme is a chain of hot, custom wheel and tire shops, with locations in Alabama, Georgia, Indiana, Kentucky, Louisiana, North Carolina, Ohio, South Carolina, Tennessee and Virginia. The response to our product and services is unrivaled, giving us the confidence and enthusiasm to bring our offering to more markets.