Rank no. 316 – RimTyme – US
Products & Services: Rent-to-own custom wheels & tires
Number of Locations: 25
Total Investment: $321.2K – 684.25K
Began Franchising: 2007
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.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: Term of agreement not renewable
Net Worth: $500,000
Liquid Cash Available: $200,000
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|
Franchise Ranking History
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.