RNR Tire Express and Custom Wheels Franchise

January 18, 2018

RNR Tire Express Stores started selling their tires and wheels with a concept of rent-to-own. This concept is also called as Rent-N-Roll. This helps customers to make payments monthly, bi-weekly or weekly. In 2003, they began franchising based in Tampa, Florida. Larry Sutton is the CEO of RNR Stores.

Established in: 1999

Parent Organization: SPF Mgt. Co. LLC

Franchising from: 15 Years from 2003

Company Address: 14620 N. Nebraska Ave., Bldg. B Tampa, FL 33613

Investment:

Their Minimum Investment was: $500,000

Their Maximum Investment was: $1,000,000

Units:

1^st Year: +12 Unit (+14.1%)

After 3 Years: +27 Units (+38.6%)

Locations of Units:

U.S. Franchises Franchises Outside US Company Owned

2016 71 0 14

2017 83 0 14

They are seeking new units of franchise throughout the U.S. and in the states/regions of Australia/New Zealand, Mexico, Canada, Western Europe, Philippines

Financing Options:

To cover startups costs, franchise fee, payroll, equipment costs, accounts receivable and inventory costs RNR Tire Express and Custom Wheels maintain third party sources relationships which offer finance.