RNR Tire Express franchise
2023 filing · April 28, 2023Shares sales figures
RNR Tire Express at a glance
A tire and wheel store that sells and rents tires, wheels and automotive accessories, with flexible payment options.
The business
- Franchisor
- SPF Mgt. Co., LLC
- The company that sells the franchises
- Franchising since
- 2002
- 21 years of selling franchises
- Franchisor based in
- Tampa, Florida
- Typical size
- 4,000–6,000 sq ft
What you pay
- Cost to open
- $610K–$1.55M
- A new store
- Franchise fee
- $45,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross revenues, paid monthly
- Brand fund
- None now
- Not charged at present; up to 2% of gross revenue
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- Franchised, 2022
- 155
- As printed in the filing
Support and records
From SPF Mgt. Co., LLC’s 2023 filing; revenue and net income from its audited financial statements, page 66; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
RNR Tire Express among all franchises with the same figure.
| Figure | RNR Tire Express | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,078,686 | Costs more than 85% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| Sales per locationYearly, as the brand reports it | $1,758,353 | Higher than 83% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.6× | Higher than 52% of brands that share sales figures |
How much a RNR Tire Express franchise costs
Opening a new store costs an estimated $610,297 to $1,547,075. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are additional funds - (3 months) ($300,000 to $500,000) and leasehold improvements ($60,000 to $350,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | ||
| Location Study/Demographic Analysis | $500 | ||
| Rent – 3 Months | $15,000 | $45,000 | |
| Security Deposits | $1,000 | $13,600 | |
| Leasehold Improvements | $60,000 | $350,000 | |
| Shop Equipment | $7,000 | $150,000 | |
| Furniture, Fixtures and Décor | $10,000 | $50,000 | |
| Vehicle – 3 months | $2,100 | $2,500 | |
| Computer Hardware and Software | $4,322 | $24,000 | |
| Initial Inventory | $75,000 | $100,000 | |
| Blue Prints, Licenses and Permits | $5,000 | $50,000 | |
| Signage | $15,000 | $50,000 | |
| Insurance – Annual Premium | $15,000 | $25,000 | |
| Grand Opening Advertising | $33,000 | $102,000 | |
| Change Fund | $300 | ||
| Professional Fees | $1,500 | $3,500 | |
| Travel Expenses for Training | $5,000 | $10,000 | |
| Salaries for Training and Pre-Opening | $15,000 | $25,000 | |
| Tire Industry Association (TIA) Membership | $180 | ||
| Association of Progressive Rental Organizations (APRO) | $395 | ||
| Additional Funds - (3 months) | $300,000 | $500,000 | |
| Total | $610,297 | $1,547,075 | |
Source: SPF Mgt. Co., LLC, 2023 filing, page 16
RNR Tire Express franchise fee
The franchise fee is $45,000. You pay it when you sign the franchise agreement.
Source: SPF Mgt. Co., LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross revenues, paid monthly. |
|---|---|
| Brand or marketing fund | Not charged at present; up to 2% of gross revenue. |
| Software Support Fee | $700 |
| Transfer – Franchise Agreement | $2,500 |
| Local Advertising | 5% of Gross Revenues |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: SPF Mgt. Co., LLC, 2023 filing, page 12
Other fees as filed, from pages 13–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures RNR Tire Express publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average revenue
- $1,758,353
- Median revenue
- $1,669,748
Yearly figures for calendar year 2022, covering franchised stores open at least 24 months (retail plus rental revenue) (134 locations). The average is about 1.6 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: SPF Mgt. Co., LLC, 2023 filing, page 49
SBA loans to RNR Tire Express franchisees
Lenders approved 20 SBA-backed loans for RNR Tire Express franchisees from 2018 to 2026, $19.9M in all: 16 7(a) loans and 4 504 loans. All 4 that have ended were paid in full; none was charged off. The other 16 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How RNR Tire Express compares
Of the 9 tire franchises on this site, RNR Tire Express is the 8th cheapest to open.
| Figure | RNR Tire Express | Typical tire brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $610K | $357K | $222K |
| Cost to open, high end | $1.55M | $1.55M | $477K |
| Franchise fee | $45K | $18K | $40K |
| Royalty | 5% | – | 6% |
| Sales per location | $1.76M | – | $794K |
| Shares earnings figures | Yes | 3 of 9 | 2,147 of 3,352 |
Typical is the median across the 9 brands in tire franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2018 | 103 (+7) | 15 |
| 2019 | 113 (+10) | 15 |
| 2020 | 122 (+10) | 20 |
| 2021 | 139 (+17) | 23 |
| 2022 | 155 (+16) | 23 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2020 counts come to 127, but the filing shows 128. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 5 years, from the start of 2018 to the end of 2022, franchised locations went from 96 to 155 (+59, +61%). The earlier years come from the brand's 2021 filing.
Source: SPF Mgt. Co., LLC, 2023 filing, page 53
2018–2019: SPF Mgt. Co., LLC, 2021 filing, page 50
Where RNR Tire Express locations are
At the end of 2022, RNR Tire Express had locations in 28 states. The most are in Florida, Texas and Arkansas.
- Florida22
- Texas17
- Arkansas15
- Indiana13
- Missouri11
- Ohio10
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 2 | 20 | 22 |
| Texas | 17 | 0 | 17 |
| Arkansas | 15 | 0 | 15 |
| Indiana | 12 | 1 | 13 |
| Missouri | 11 | 0 | 11 |
| Ohio | 10 | 0 | 10 |
| South Carolina | 10 | 0 | 10 |
| Virginia | 9 | 0 | 9 |
| Oklahoma | 8 | 0 | 8 |
| Georgia | 5 | 2 | 7 |
All 28 states
| Louisiana | 7 |
|---|---|
| North Carolina | 7 |
| Mississippi | 6 |
| Alabama | 4 |
| Arizona | 4 |
| Illinois | 4 |
| Kansas | 4 |
| Kentucky | 4 |
| Tennessee | 4 |
| Colorado | 3 |
| Michigan | 2 |
| Iowa | 1 |
| Nebraska | 1 |
| Nevada | 1 |
| New Mexico | 1 |
| New York | 1 |
| Pennsylvania | 1 |
| Washington | 1 |
Source: SPF Mgt. Co., LLC, 2023 filing, page 55
Who owns RNR Tire Express?
RNR Tire Express franchises are sold by SPF Mgt. Co., LLC.
From SPF Mgt. Co., LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: SPF Mgt. Co., LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
RNR Tire Express filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from SPF Mgt. Co., LLC’s 2023 filing, issued April 28, 2023; the earlier ones below are on record with the NASAA Electronic Filing Depository and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 28, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
| 2021 filing | May 20, 2021 | NASAA depository | Locations, 2018–2019 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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