Big O Tires
Cherry Franchise Broker
Total investment:
$ 260,200
Franchise fee:
$ 30,000
Royalty fee:
3.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1962
Franchise since: 1982
Company owned units:
Franchise owned units: 395
Total number of units:
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEBig O Tires, LLC. is North America’s second largest franchiser of tire retailers. The company was founded in 1962, when it split from OK Tires. It is headquartered in Palm Beach Gardens, FL, and has more than 380 franchises in 19 U.S. states.
It sells its own Big O private brand tires and other brands. In addition to selling and servicing tires, wheels, and alignments, Big O Tires provides basic maintenance and replacement services such as lube, oil, and filter changes, including engine and cabin air filters, battery and lamp replacement, strut installation, and brake service.
On-The-Job Training: Varies
Classroom Training: 80 hours
Additional Training: Online training
Net-worth Requirement: $300,000
Liquid Cash Requirement: $100,000 Ad Royalty Fee 4.45%
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