RimTyme Franchise - Custom Wheels and Tires Store
RimTyme Franchise Opportunities
For more than 15 years of being on the USA market, RimTyme franchise has expanded to 36 successful units. The franchise is a fast growing wheel and tire shops chain. The concept also involves rims and tire installation, balancing and rotating services. The main benefits of the business include highly professional services, competitive prices and affordable payment plans. RimTyme wheels and tires store franchise successful opportunities have been proven by their franchisees. Joining the franchise family an entrepreneur receives a well-known brand name, good reputation, and a well-established business concept which stems from more than 15 years of experience.
How to open the RimTyme franchise?
- Ensure you have adequate capitalization.
In order to open the RimTyme custom wheels and tires store, you must have a liquid capital of more than $200,000.
- Appreciate the investment required for a store franchise.
You will need to consider the cost of equipment, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a RimTyme franchise owner.
- Assess market availability.
You will want to look at the market availability for RimTyme franchises and see if there are available markets in your location of interest before proceeding with the franchising application. Exclusive territories are available.
- Submit your application.
Your application will be reviewed by the RimTyme franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your RimTyme franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the RimTyme franchise cost?
RimTyme has the franchise fee of $25,000, with a total initial investment range of $321,208 to $684,250.
Net-worth Requirement: $500,000
Liquid Cash Requirement: $200,000
RimTyme Initial Investment
Initial Investment: $321,208 - $684,250.
Initial Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Ad Royalty Fee: $250/mo.
RimTyme website: www.rimtyme.com
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- Starting investments from:$321,208
- Company type:Store
- Company foundation year2005
- Year of launching the franchise2007
- Franchise enterprises:36
- Franchisees in USA:36
- Corporate Address:5501 Headquarters Drive Plano, TX 75024, USA