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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.

Since 1988RetailHuntersville, NCAmerican Tire Distributors, Inc.www.tirepros.com
2024 FDDNo Item 19SBA Loan Data

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

Investment
$11,995 - $136,745
Franchise Fee
$7,000
Locations
644

Financial Requirements

Franchise Fee$7,000
Initial Investment Range$11,995 - $136,745
Royalty RateN/A
Brand FundN/A
Fixed Monthly Fees$85 - $85

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

Franchise Stats

Franchise Locations644
Corporate Locations0
States Operating46
Franchising Since1988
FDD Year2024

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
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
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 by Outlet Count
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 (2014 - 2024)

Total Loans
26
Average Loan Amount
$753,481
Total Loan Volume
$19,590,500
Default Rate
0.0%

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)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

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 by Franchisor
0
Ceased Operations (Other)
4
System Transfers
11
Sold to Franchisees
0
Projected New Franchises
95

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?

Talk to a franchise advisor to get personalized guidance and learn if Tire Pros is the right fit for you.

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