Rank no.495 – RNR Custom Wheels & Tires – US
Products & Services: Lease-to-own and retail wheels and tires
Number of Locations: 66
Total Investment: $288.79K – 563.47K
Began Franchising: 2003
About RNR Custom Wheels & Tires
RNR stores sell custom wheels and tires, with a rent-to-own option (called Rent-N-Roll) that allows customers to make weekly, bi-weekly or monthly payments. Based in Tampa, Florida, the company began franchising in 2003.
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Mexico, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $288,795 – $563,475
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $350,000
Liquid Cash Available: $200,000
73% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee’s location: 2 weeks.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Franchise Ranking History
Franchise 500®: #495 (2013), #456 (2011), #255 (2010), #282 (2009),
America’s Top Global: #190 (2010),
About RNR Wheels & Tires
Established in 1999, RNR (RENT-N-ROLL) has been a leading provider of custom wheels and tires with easy payment options. RNR has grown to over 60 locations with several stores scheduled to open across the US over the upcoming months.
In addition to the largest selection of brand name wheels and tires, RNR offers the best customer service and professional installation.
At RNR it has never been easier to get the wheels and/or tires you need. With thousands of wheels and tires to choose from, our experienced staff will help you select the right product for your ride.
– Custom Wheel Sales & Service
– Top Name Brand Tires
- Professional Tire Installation
– Advanced Rotate & Balance
– Free Flat Repair
– No Credit Hassles
– Roadside Assistance Program
– Guaranteed Lowest Prices
– No Obligation Program
RNR may be the best place to buy tires, but what really sets us apart is our convenient, no credit hassle, RENT-N-ROLL program. With easy payment options and our “Everyone’s Approved” mentality, you may never buy tires the same way again.
We Didn’t Reienvent The Wheel . . . Just The Wheel Business!
RNR is the leader in the Custom Wheel & Tires Industry and provides customers the tires and wheels they want by providing options and programs that take into cosideration their financial situation. Learn more about our Franchise Opportunity by Downloading Our Franchise Kit Now!
So Why RNR Custom Wheels & Tires?
We have 40+ years in the rent-to-own industry and have put into practice the principles that have made us successful.
Our sales program ensures that our associates are trained in the “RNR Way”. From time to time, situations arise which require a delicate and emphatic response. We know how to manage the customers’ bumps in the road and keep our customers on course.
We understand “Tire Life”. We ensure that our customer’s term of contract coincides with the life of the tire. Tires do wear out and we want to ensure that our relationship doesn’t.
We have dedicated service and sales professionals who work with your team to instill a culture of assistance. Our Franchise Support Team is always available to you and your organization.