RimTyme Custom Wheels and Tires
Rent-to-own custom wheels and tires- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$321K - $684K
- Units as of 2019
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36 7% over 3 years
Company Overview
About RimTyme Custom Wheels and Tires
Industry | Automotive |
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Related Categories | Wheels & Tires,Miscellaneous Automotive Products & Services |
Founded | 2005 |
Parent Company | Rent-A-Center Franchising Int'l. Inc. |
Leadership | Cathy Skula, CEO |
Corporate Address | 5501 Headquarters Dr. Plano, TX 75024 |
Social | Facebook,Twitter |
Business Overview
Franchising Since | 2007(16 years) |
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# of employees at HQ | 510 |
# of Units | 36(as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a RimTyme Custom Wheels and Tires franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$25,000 |
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Initial Investment |
$321,208 - $684,250 |
Net Worth Requirement |
$500,000 |
Cash Requirement |
$200,000 |
Veteran Incentives |
$5,000 off franchise fee |
Royalty Fee |
4% |
Ad Royalty Fee |
$250/mo. |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | RimTyme Custom Wheels and Tires has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 15 hours |
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Classroom Training | 36 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like RimTyme Custom Wheels and Tires? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
比较在RimTyme定制车轮和轮胎的土地ed on this year's Franchise 500 Ranking versus previous years.
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