RENT A WHEEL
Rent A Wheel provides custom wheels, tires, accessories, and related products through retail stores. We serve everyday customers who need wheels and tires but prefer flexible payment options instead of paying all at once with cash or credit. Our stores offer weekly, semi-monthly, and monthly lease terms, along with retail sales, 90 days same as cash, and a rent-to-own option. Customers can return the products at any time or continue making payments until they own them. We operate as a storefront retail business, and we also provide or arrange repair service until the products are returned or fully paid for.
Your franchise match score
Automotive
Brand highlights
- CEOJohn Bowlin
- Headquarters5438 West 104th Street, Los Angeles, CA, 90045
- Year founded2002
- Year started franchising2014
- IndustryAutomotive
- Locations open127 (-5 last three years)
Statistics & metrics
- Investment range$158,550 - $503,800
- Franchise fee$50,000
- RoyaltyWith certain exceptions, 6% of Gross Revenues
- Brand fundLesser of $3,750 per year (subject to adjustment for inflation annually) or 0.5% of Gross Revenues; Greater of $175 or 2% of Gross Revenues up to a maximum of $15,000 (subject to adjustment for inflation annually) per year
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Automotive industry:
The automotive industry offers a wide range of franchise opportunities, from repair and maintenance shops to car washes and dealerships. This sector is known for its steady demand and resilience, making it a popular choice for aspiring business owners.
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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: 2019-07-12
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about RENT A WHEEL, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of RENT A WHEEL's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving RENT A WHEEL, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a RENT A WHEEL franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information RENT A WHEEL provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 127 |
| Franchise locations | 12 |
| Corporate locations | 115 |
System growth over time
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