Tire Pros

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.

644
Locations
$12K–$137K
Investment
Since 1988
Franchising
RetailHuntersville, NCAmerican Tire Distributors, Inc.www.tirepros.comDisclaimer

Franchise Costs


Franchise Fee
$7,000
Item 5 of FDD
Initial Investment Range
$11,995 $136,745
Low: $11,995High: $136,745
Item 7 of FDD
Royalty Rate
N/A
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$85 – $85
Item 6 of FDD

$695/mo franchise fee + $200/mo national ad fund + $85/mo warranty fee

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


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
FranchiseInvestmentFeeRoyaltyLocations
Tire Pros
Current
$12K – $137K$7KN/A644
MICHELIN RETREAD TECHNOLOGIES (MICHELIN COMMERCIAL SERVICE NETWORK)$189K – $4.3M$3KN/A340
CHRISTIAN BROTHERS AUTOMOTIVE$550K – $680K$135K50.0%302
CHRISTIAN BROTHERS AUTOMOTIVE$530K – $645K$135K50.0%265
TOMMY'S EXPRESS$5.0M – $8.5M$50K4.0%206
1-800-Radiator & A/C$464K – $1.3M$45K8.0%193
Automotive Services Average
24 franchises
$442K – $985K$47K12.8%

* 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

Top States
1CA
80
2TX
59
3NC
39
4GA
37
5OH
34
6AL
28
7FL
24
8UT
24
9CO
22
10TN
21
11VA
21
12AZ
20
13WA
18
14NE
17
15OR
17

+30 more states

SBA Loan History


Historical SBA 7(a) loan data for Tire Pros franchisees (20142024)

Total Loans
26
Average Loan
$753,481
Total Volume
$19.6M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


740 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

740 Contacts Available

Unlock all Tire Pros franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryYes

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

Terminations
50
Non-Renewals
3
Reacquired
0
Ceased Ops
4
Transfers
11
Sold to Franchisees
0
Projected New
95

Frequently Asked Questions


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.

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