Big O Tires
Retail tire stores that sell and service tires and provide related automotive products and services.
Your franchise match score
Automotive
Brand highlights
- CEOSam Kato
- Headquarters4300 TBC Way, Palm Beach Gardens, FL, 33410
- Year founded1962
- Year started franchising1980
- IndustryAutomotive
- Locations open477 (+14 last three years)
Statistics & metrics
- Investment range$375,500 - $1,572,500
- Franchise fee$17,500
- Royalty2% of Gross Sales to National Account Customers and Key Account Customers (as defined in Item 11), 2% of Gross Sales of Farm Class Tires, 2% of Excess Service Department Sales and, based on the Royalty Matrix, currently between 3.5% and 5.0% of Adjusted Gross Sales (Note 2)
- Brand fundA minimum of 4% of each month’s Gross Sales, subject to increases or reductions in certain cases (currently reduced to a minimum of 3.6% based on certain marketing programs) (Note 3)
- Required Liquid Capital$100,000
- Required Net Worth$300,000
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2023-06-29
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Big O Tires, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Big O Tires franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Big O Tires franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Big O Tires franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Big O Tires. | |
| Financial Performance Representations | Review any financial performance information Big O Tires provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 477 |
| Franchise locations | 460 |
| Corporate locations | 17 |
System growth over time
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