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Tiremax

Franchise

Tiremax is a business with one main aim: to sell wheels and tires. Since Tiremax does not complicate things by trying to provide too many services, it is able to do the one thing it does do superbly. With clean stores, terrific customer service, and low prices, Tiremax is the best place for customers to purchase their tires and wheels. Tiremax employees are experts on the products, able to inform customers on each tires value, safety, and speed. Tiremax is perhaps best known for its promise to install tires on a customer’s car in under 30 minutes.

Facts & Figures

Liquid capital required
$30,000
Net worth required
$300,000
Investment
$121,700 - $443,333
Franchise fee
$30,000
Units in operation
12

Overview

Tiremax has two franchising plans: one for owners who are looking to open up a single store and run their own successful business and another for business savvy individuals who want to invest on a larger scale by opening a series of Tiremax locations in a particular region.

Tiremax Franchise Opportunities - History

In 1999, Chris and Stephanie Wilkerson opened the first Tiremax in Livingston, Texas. Their single business required them to invest all of the money they had. Their first Tiremax location emphasized customer service, as they figured that was something they could offer that their competitors could not, and it made them an instant success. In the years that followed they grew the company primarily in southern states, but the company is looking to spread throughout all of North America.

Tiremax Franchise Cost / Initial Investment / Tiremax Franchise Income

Tiremax franchises have a total investment of $121,700 to $443,333 depending on various factors. 5% of franchisees’ sales is put toward a royalty fee, while an additional 4% is applied to national and local advertising efforts. A tiremax franchise agreement lasts for 10 years, and can be renewed for the same amount of time twice.

Tiremax Business Opportunities: Other Information

Tiremax vows to have the lowest prices in the industry with the slogan “Nobody beats our prices – NOBODY!” Tiremax’s website offers coupons for such things as tire rotation, flat repair, and even alignment. The website also has a place to ask an expert for vehicle advice and to schedule an appointment to have the car serviced.

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