Fastest growing automotive franchise for a fraction of the cost!
Business Description
Incredible opportunity with significant upside
RNR Tire Express - Established Automotive Franchise Opportunity in Fairfield, OH
This well-positioned RNR Tire Express franchise represents an exceptional opportunity in the thriving automotive services industry. Located on high-visibility Route 4 in Fairfield, Ohio, this 4,100 square foot facility serves the densely populated northern Cincinnati suburb market.
Business Overview:
RNR Tire Express specializes in retail sales and leasing of automotive wheels, tires, and complementary services with a unique competitive advantage: affordable in-house rent-to-own payment solutions. This differentiator serves a significant market, with 1 in 27 households utilizing rent-to-own services in 2023.
Financial Performance:
- Annual Revenue: $814,000
-Current Value of Customer Rental Contracts: $180,000
- Asking Price: $400,000
- FF&E Value: $146,000
- Inventory: $147,000 (included in price)
- Monthly Lease: $8,000 (expires 5/31/2027)
- Current Staff: 4 employees
Franchise Strength:
Backed by 25 years of industry experience and 208 locations nationwide, RNR Tire Express provides proven systems and support. Average franchise locations generate approximately $1.8 million in revenue with $250,000 net profit, while top-performing locations achieve $3.1 million revenue with $650,000 net profit.
Growth Potential:
This location presents substantial upside opportunity as it's currently underperforming relative to system averages. The prime Route 4 location offers excellent visibility and accessibility in a market that meets all demographic requirements for RNR success.
Support Package:
- Four weeks in-person training
- RNR University online training
- Ongoing operational support
- Marketing and real estate assistance
Market Opportunity:
The automotive tire industry represents a $41.5 billion market with minimal competition in the rent-to-own segment. This location serves strong customer demographics with significant growth runway.
Financing:
Seller financing available to qualified buyers.
Ideal for an owner-operator seeking to enter the automotive services industry with proven franchise support and substantial growth potential in an underserved market.
This well-positioned RNR Tire Express franchise represents an exceptional opportunity in the thriving automotive services industry. Located on high-visibility Route 4 in Fairfield, Ohio, this 4,100 square foot facility serves the densely populated northern Cincinnati suburb market.
Business Overview:
RNR Tire Express specializes in retail sales and leasing of automotive wheels, tires, and complementary services with a unique competitive advantage: affordable in-house rent-to-own payment solutions. This differentiator serves a significant market, with 1 in 27 households utilizing rent-to-own services in 2023.
Financial Performance:
- Annual Revenue: $814,000
-Current Value of Customer Rental Contracts: $180,000
- Asking Price: $400,000
- FF&E Value: $146,000
- Inventory: $147,000 (included in price)
- Monthly Lease: $8,000 (expires 5/31/2027)
- Current Staff: 4 employees
Franchise Strength:
Backed by 25 years of industry experience and 208 locations nationwide, RNR Tire Express provides proven systems and support. Average franchise locations generate approximately $1.8 million in revenue with $250,000 net profit, while top-performing locations achieve $3.1 million revenue with $650,000 net profit.
Growth Potential:
This location presents substantial upside opportunity as it's currently underperforming relative to system averages. The prime Route 4 location offers excellent visibility and accessibility in a market that meets all demographic requirements for RNR success.
Support Package:
- Four weeks in-person training
- RNR University online training
- Ongoing operational support
- Marketing and real estate assistance
Market Opportunity:
The automotive tire industry represents a $41.5 billion market with minimal competition in the rent-to-own segment. This location serves strong customer demographics with significant growth runway.
Financing:
Seller financing available to qualified buyers.
Ideal for an owner-operator seeking to enter the automotive services industry with proven franchise support and substantial growth potential in an underserved market.
About the Business
- Years in Operation
- 3
- Number of Employees
- 4
- Franchise
- This business is an established franchise
- Facilities & Assets
- Equipped with 3 fully operational bays and room for a 4th as well as office space and an ample showroom displaying all products. The showroom is designed with 3 dedicated counter workspaces to service customers and a comfortable waiting area.
The shop area has room for standard amount of inventory and all required service tools. The store is fully stocked with all machines required to lift, align and install wheels and tires for all customer vehicles. It has spacious parking and receptacles in the rear for discarded tires and tire related scrap. - Website
- https://rnrtires.com
- Market Outlook / Competition
- Business model offers tires, wheels and alignments with the unique differentiator being affordable in-house payment options. Strong industry with very little competition with the rent-to-own solution. It is estimated that Americans spent over $41.5 billion on tires alone in 2020 and in 2023, 1 out of every 27 households utilized RTO.
- Opportunities for Growth
- This location is not performing at its best, resulting in a wide runway for improvement. Located in Fairfield, Ohio a northern suburb of Cincinnati that is densely populated and meets all of the demographic criteria and requirements for placement of an RNR Location. This location is directly situated on Rt 4 with high visibility and easy access from the main throughway. The market offers strong customer demographics and substantial opportunity for growth.
Territory for three additional franchise locations is available in the greater Cincinnati area.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,100
- Rent
- $8,000.00 per month
- Lease Expiration
- 6/1/2027
About the Sale
- Seller Motivation
- Need to focus on other businesses and cannot dedicated the time needed for RNR.
- Transition Support
- Four Weeks of In-Person Training, Online Training Through the RNR University , Ongoing Operational Support, Marketing Support, Real Estate Support
- Financing Options
- Seller Financing Available
Listing Info
- ID
- 2393298
- Listing Views
- 1228
Listing ID: 2393298 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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