Tire Pros
Tire Pros franchises retail tire and automotive service centers operating under the TIRE PROS brand and system, offering tire sales, related products, and automotive services. Franchisees can convert existing tire stores or open new centers, adhering to specific designs, marketing plans, required product offerings, and warranty programs. The business model involves franchising to independent operators targeting vehicle owners in the competitive replacement tire and automotive repair market.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
$695/mo franchise fee + $200/mo national ad fund + $85/mo warranty fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Tire Pros Compares to Other Automotive Services Franchises
Key Insights
- One of the lowest investment costs in Automotive Services (ranked #1 of 24)
- #1 largest franchise system in Automotive Services
- One of the lowest SBA loan default rates in Automotive Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Tire Pros Current | $12K - $137K | $7K | N/A | 644 |
| MICHELIN RETREAD TECHNOLOGIES (MICHELIN COMMERCIAL SERVICE NETWORK) | $189K - $4.3M | $3K | N/A | 340 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $550K - $680K | $135K | 50.0% | 302 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $530K - $645K | $135K | 50.0% | 265 |
| TOMMY'S EXPRESS | $5.0M - $8.5M | $50K | 4.0% | 206 |
| 1-800-Radiator & A/C | $464K - $1.3M | $45K | 8.0% | 193 |
Automotive Services Average 24 franchises | $442K - $985K | $47K | 12.8% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Automotive Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
+30 more states
SBA Loan History
Historical SBA 7(a) loan data for Tire Pros franchisees (2014 - 2024)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
Parent company ATD Corp, franchisor Tire Pros Francorp, and affiliates filed Chapter 11 on October 4, 2018; plan confirmed December 26, 2018.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Tire Pros franchise?
The total initial investment to open a Tire Pros franchise ranges from $11,995 to $136,745. This includes a franchise fee of $7,000.
How many Tire Pros franchise locations are there?
As of the 2024 FDD, Tire Pros has 644 franchise locations. The company has been franchising since 1988.
Can you get an SBA loan for a Tire Pros franchise?
Yes, SBA loans are available for Tire Pros franchises. Historical data shows 26 SBA 7(a) loans have been approved for Tire Pros franchisees, with an average loan amount of $753,481. The historical default rate is 0.0%.
Is Tire Pros a good franchise to buy?
Tire Pros shows several positive indicators: established brand with 644+ locations, low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Tire Pros?
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