Franchise 500 2023
2023 Franchise 500 Rank
#157Ranked #138 last year
See the Full List
Initial investment
$376K - $1.6M
Units as of 2023
464 Increase 0.2% over 3 years

Big O Tires is one of the top-tier tire and auto services franchises in the U.S. Big O Tires holds annual national conventions that franchisees are encouraged to attend, particularly if it is the first annual convention of a franchisee's career.

Big O Tires has been around for more than half a century and franchising for close to four decades. There are over 400 Big O Tires outlets in the U.S., and it continues to be a leading business rooted in a culture of excellence. Big O Tires has the resources needed to fill gaps in a diverse, dynamic, and complex automotive world.

Why You May Want to Start a Big O Tires Franchise

Big O Tires offers two franchise models—product distribution franchises and business format franchises. The franchisor provides an initial online training and capacity-building program to provide franchisees with information about the two options so they can make an informed decision before investing.

You can experience the curriculum at the company training facilities or a virtual classroom. Field training and operations certification is provided for and conducted at a Big O Tires store.

The franchisor suggests a few days of online training followed by multiple weeks of facilitated training and another couple of weeks of field training.

What Might Make Big O Tires a Good Choice?

Big O Tires has been ranked in Entrepreneur’s Franchise 500 multiple times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Big O Tires gives you the freedom to operate independently with an experienced team behind you, providing the support, resources, and training you need.

拥有一个大O轮胎系列,你应该让苏re you're financially ready with enough capital available for an initial investment, including a franchise fee and startup fees, as well as other possible expenses. Additional expenses will include an advertising fee and royalty fee, as well as a potential renewal fee. Additionally, veterans are offered significant discount off the franchise fee by Big O Tires.

How to Open Your Own Big O Tires Franchise

As you make your decision regarding opening a Big O Tires franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may be counterproductive.

By joining Big O Tires, you are becoming part of a family with many successful franchisees. There is absolutely no automotive experience required. Prospective franchisees must go through the new franchise orientation, which is a briefing developed to help you understand Big O Tires better. The document guides you through their desired culture of creating outstanding customer interactions and other elements in their core business value that make them excel.

An assistant will guide you through the process of opening a franchise, providing insights into customer relations and service techniques. Big O Tires will teach you advanced phone skills, including an overview of product lines, setting the stage for you to open your new franchise.

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Company Overview

About Big O Tires

Industry Automotive
Related Categories Wheels & Tires,Automotive Repair & Maintenance Services
Founded 1962
Parent Company TBC Corp.
Leadership Gary Skidmore, SVP & GM
Corporate Address 4300 TBC Wy.
Palm Beach Gardens, FL 33410
Social Facebook,Twitter,LinkedIn,Instagram,YouTube

Business Overview

Franchising Since 1982(41 years)
# of employees at HQ 500
Where seeking

This company is offering new franchisees in the following US states: Arkansas, Arizona, California, Colorado, Iowa, Idaho, Indiana, Kansas, Kentucky, Missouri, Montana, North Dakota, Nebraska, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Tennessee, Texas, Utah, Virginia, Washington, Wyoming

# of Units 464(as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Big O Tires franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$10,000 - $17,500
Initial Investment Information Circle
$375,500 - $1,572,500
Net Worth Requirement Information Circle
$300,000
Cash Requirement Information Circle
$150,000
Veteran Incentives Information Circle
50% off first-unit franchise fee
Royalty Fee Information Circle
2%-5%
Ad Royalty Fee Information Circle
1.9%-4.9%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Big O Tires has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 80 hours
Classroom Training 67 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like Big O Tires? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where Big O Tires landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Big O Tires ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
更新:2022年12月12日