RNR Tire Express Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
RNR Tire Express is a retail franchise selling tires and custom wheels with rent-to-own, flexible payment plans, plus installation and service. Franchisees run showrooms managing sales, financing, and a service bay in a protected territory.
FranchiseVerdict summary · 2026
A RNR Tire Express franchise requires a total initial investment of $712K – $1.7M, including a $20K – $45K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.8M[2]. SBA 7(a) loans show a 0.0% charge-off rate across 14 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $712K – $1.7M
- 52nd pct Automotive
- Avg gross sales
- $1.8M
- Incl. company outlets14th pct Automotive
- Royalty
- 5.0%
- 9th pct Automotive
- Units
- 200
- 39th pct Automotive
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Automotive · color = vs category peers
Green = favorable by >10% vs Automotive avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $712K – $1.7M including a $45K franchise fee, 5.0% ongoing royalty.
- RETURNSAverage unit revenue of $1.8M/year (median $1.7M) (includes company-owned outlets), with an estimated 10% cash-on-cash return (based on Operating Income(6) $225,021 12.5%).
- RISKVerdict A (Strongest tier), verdict score 95/100 (higher is better). SBA loan charge-off rate of 0.0% across 14 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- SPF Mgt. Co., LLC
- Ultimate parent
- None disclosed
- CEO title
- CEO
- Adam B. Sutton
- CEO experience
- 1999 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Florida
- HQ
- 13922 Monroe's Business Park, Tampa, FL 33635
- Auditor
- Rivero, Gordimer & Company, P.A.
- Audited financials
- Franchisor revenue
- $11.7M
- vs $12.3M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Adam B. Sutton
- Founded
- 1999
- FDD year
- 2025
- States available
- 29
Can you afford it, and what does the money buy?
Entry cost runs 30% above the typical automotive franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $45K | $45K | |
| Location Study/Demographic Analysisnot refundable | $500 | $500 | |
| Rent - 3 Monthsnot refundable | $15K | $45K | |
| Security Deposits | $5K | $20K | |
| Leasehold Improvementsnot refundable | $100K | $400K | |
| Shop Equipmentnot refundable | $11K | $200K | |
| Furniture, Fixtures and Decornot refundable | $18K | $50K | |
| Vehicle - 3 monthsnot refundable | $2K | $3K | |
| Computer Hardware and Softwarenot refundable | $5K | $29K | |
| Initial Inventorynot refundable | $75K | $125K | |
| Blue Prints, Licenses and Permitsnot refundable | $25K | $50K | |
| Signagenot refundable | $20K | $60K | |
| Insurance - Annual Premiumnot refundable | $15K | $25K | |
| Grand Opening Advertisingnot refundable | $36K | $102K | |
| Change Fundnot refundable | $300 | $300 | |
| Professional Feesnot refundable | $3K | $5K | |
| Travel Expenses for Trainingnot refundable | $15K | $22K | |
| Salaries for Training and Pre-Openingnot refundable | $20K | $30K | |
| Tire Industry Association (TIA) Membershipnot refundable | $180 | $180 | |
| Association of Progressive Rental Organizations (APRO)not refundable | $395 | $395 | |
| Total initial investment | $712K | $1.7M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $712K – $1.7M
- Middle of category vs category
- Liquid capital req'd
- $300K – $500K
- Middle of category vs category
- Franchise fee
- $20K – $45K
- Top 40% of category vs category
- Royalty
- 5.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
- Payback period
- 9.8 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $12K |
| Training fee | $300 |
| Transfer fee | $10K |
| Renewal fee | $2K |
| Total fee load | 7.0% of rev |
What do units actually make?
Average unit sales run 24% above the automotive norm.
Includes company-owned outlets
Source: FDD 2025 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$361K
20.0% margin
Unlevered ROIC
22%
EBITDA / total invested capital
Payback
4.5 yrs
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FDD-reported earnings vs. model
The FDD reports $225K as Operating Income(6) $225,021 12.5%. Our model estimates $361K SLEBITDA from the same revenue using category-average cost assumptions. These numbers differ because Operating Income(6) $225,021 12.5% deducts different expense categories than our model.
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one RNR Tire Express unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
22%
Below the 30–60% attractive-franchise band
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 RNR Tire Express units return on equity?
Equity IRR · 5-yr
27.8%
3.40× MOIC
Year-1 DSCR
2.93×
EBITDA ÷ debt service
Equity required
$11.4M
on $23.5M purchase
Total debt
$12.0M
SBA $5.0M + senior + seller note
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Includes company-owned outlets
- Avg gross sales
- $1.8M
- Per unit, per year
- Median gross sales
- $1.7M
- Avg operating income(6) $225,021 12.5%
- $225K
- Reported as Operating Income(6) $225,021 12.5% in FDD Item 19
- Cash-on-cash
- 10.2%
- Based on Operating Income(6) $225,021 12.5% / investment midpoint
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- Actual Performance
- Sample size
- 181
- vs category median 70 · large
- Range (low → high)
- $558K→$4.6M
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 9 / 10
- vs category median 4 / 10 · above
Compared against 167 Automotive brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $1.8M/year in gross sales. Revenue-to-investment ratio: 1.5x. Includes company-owned outlets.
Fee burden
Total ongoing fee load of 7.0% — below the Automotive average of 9.3%.
Disclosure
Transparency score 9/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Automotive averages
How RNR Tire Express Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 200
- Opened
- 9
- Last reporting year
- Closed
- 0
- Terminated
- 2
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 1.1%
- Company-owned
- 24
- Corporate units in the system
- % franchised
- 1%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 9
- Closed (3yr)
- 0
- Terminated (3yr)
- 2
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Termination rate
- 1.0%
- Franchisor-initiated terminations
- Ceased ops
- 1.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 14
- Loan volume
- $14.9M
- Median loan
- $733K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 6
- Defaults
- 0
- Typical loan rate
- 7.5%
- avg rate to borrowers
- Franchised industry avg
- 14.0%
- brand beats franchise avg ↓
- Jobs supported
- 115
- 0.9 per loan
- Lender concentration
- 40%
- top lender's share
Borrower mix: 70% went to startups / new businesses, 30% to established operators
Franchise vs independent — in tire dealers, franchised businesses charge off at 14.0% vs 16.4% for independents — franchising is associated with 15% lower SBA default risk in this category.
Top lenders financing RNR Tire Express franchisees
Showing 3 of 6 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into RNR Tire Express's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 6 states
- Startup risk premium and job creation velocity
- 5-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
With a 0.0% charge-off rate across 14 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Rivero, Gordimer & Company, P.A.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 95 / 100 verdict
- 01MINORNo litigation or bankruptcy
- 02MED200 units, low turnover 1.14%, Item 19 disclosed
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 3 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Hillsborough County, Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 54 hrs
- On-the-job training
- 72 hrs
- Training location
- On-site and corporate
- Time to open
- 9 mo
- From signing to launch
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
43 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
RNR Tire Express · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a RNR Tire Express franchise?
The total investment to open a RNR Tire Express franchise ranges from $712K – $1.7M, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do RNR Tire Express franchise owners earn?
According to Item 19 of the RNR Tire Express FDD, the average gross sales per unit is $1.8M. The median is $1.7M. Important context: Includes company-owned outlets. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the RNR Tire Express FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the RNR Tire Express FDD and qualifies whose outlets they describe.
What is RNR Tire Express's franchise failure rate?
Based on SBA 7(a) loan data, RNR Tire Express has a charge-off rate of 0.0% across 14 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many RNR Tire Express franchise locations are there?
As of their most recent FDD filing, RNR Tire Express has 200 total units in the United States, including 176 franchised units and 24 company-owned units. 9 new units were opened in the latest reporting year.
Is RNR Tire Express a good franchise to buy?
FranchiseVerdict rates RNR Tire Express as a A-grade franchise with a verdict score of 95 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent RNR Tire Express, you can request corrections or provide updated information.
Other Automotive franchises
Compare similar franchise opportunities in the Automotive category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.