FranchiseVerdict
RNR Tire Express logo
FV-02160·STRONGExcellent95

RNR Tire Express

RetailFranchising since 2002Website
Investment
$712K – $1.7M
95th pct Retail
Avg revenue
$1.8M
49th pct Retail
Royalty
5.0%
15th pct Retail
Units
200
77th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $712K – $1.7M including a $45K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $1.8M/year (median $1.7M). Estimated payback in 5.4 years.
  • Rated STRONG with a risk score of 33/100. SBA loan default rate of 0.0% across 19 loans (below the industry average).
  • System growing at 1350% CAGR over 3 years with 200 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
SPF Mgt. Co., LLC
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

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one RNR Tire Express unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,805,442
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $712K–$1.7M
Working capital
$
FDD reports $300K–$500K

Unlevered ROIC · per unit

8%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$126K
EBITDA margin
7.0%
Total invested
$1.6M
Payback
153 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

RNR Tire Express franchisees operate retail tire shops selling and installing tires, wheels, and automotive services. Day-to-day operations include managing sales staff, handling customer service, inventory procurement, tire installation/balancing, and local marketing within their protected territory.

CEO
Adam B. Sutton
Founded
1999
FDD year
2025
States available
29

Item 7 · what it costs

The Vitals

Total investment
$712K – $1.7M
All-in to open one unit
Liquid capital
$300K – $500K
Cash you must have on hand
Franchise fee
$45K
Royalty
5.0%
Percentage of Gross Revenues · typical 6–8%
Ad fund
Maximum fee is 2% of Gross Revenues
Total fee load
7.0%
vs 9–13% typical
Payback period
5.4 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.8M
Per unit, per year
Median gross sales
$1.7M
Item 19 type
Actual Performance
Sample size
181 units
vs category median 52 · large
Range (low → high)
$558K$4.6M
Cohort dispersion
Transparency
9 / 5
vs category median 3 / 5 · above
Revenue rank49th
vs Retail peers
Investment cost rank95th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank77th
vs Retail peers
Risk score rank1th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
200
Opened
9
Last reporting year
Closed
2
Turnover rate
1.0%
Company-owned
24
Corporate units in the system
% franchised
88%
vs corporate-owned
Net growth (yr3)
+4.1%
Net unit change last year
3-yr CAGR
+13.5%
Compounded over last 3 years
2023
176+7
Franchised units
2024
169
Franchised units
2025
155
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 31 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Available · 31 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
19
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

33
Risk · 0-100
STRONG33 / 100

RNR presents moderate risk: a mature, slow-growing tire retail system with high capital requirements, unverified earnings claims, and tight margins that may not justify franchise fees for below-average locations.

Score breakdown · what drove the 33 / 100 rating

  1. 01MINORSlow unit growth of only 4.1% YoY suggests market saturation or franchisee dissatisfaction in a mature 200-unit system
  2. 02MINORHigh initial investment range ($711K-$1.7M) paired with modest average net income ($225K) yields only 31-32% ROI in year one, requiring 2.2-3.1 years to break even
  3. 03MEDNo Item 19 (Financial Performance Representations) disclosed — franchisor provides no earnings claim, making $225K average net income unverified and potentially unrepresentative
  4. 04MINORNarrow profit margin: $225K net on $1.8M revenue = 12.5% net margin, leaving little cushion for underperformers or economic downturns

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
54 hrs
On-the-job training
72 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

59 numbers

Locked
(337) 704-••••
LA
(432) 203-••••
TX
(843) 972-••••
SC

One-time purchase · CSV download · Validation questions included

FDD download

RNR Tire Express · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above