Tire Discounters is a retail brand offering tires, wheels, and related automotive services. The franchise serves individual consumers through full-service tire centers.
Key Insights
- Tire Discounters developed from extensive market research that identified critical gaps in customer satisfaction and service quality, leading to the creation of comprehensive solutions that combine proven business practices with innovative approaches to meet evolving consumer expectations and demands.
- Menu preparation emphasizes fresh, high-quality ingredients sourced from reliable suppliers, with made-to-order customization options that accommodate diverse dietary preferences, allergies, and nutritional requirements while maintaining consistent taste profiles and presentation standards across all locations.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of Tire Discounters gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $119,000 - $2,667,300, along with a franchise fee of $10,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $1,962,537 and estimated earnings of $176,629 - $235,505 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.3-9.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Aunt Millies Bakeries provides comprehensive initial training for new franchisees. This training, lasting two weeks, takes place at their corporate headquarters. Aunt Millies Bakeries offers resources covering operational procedures and product knowledge. They also provide marketing support and guidance on establishing a local presence.
Legal Considerations
Legal considerations for a Tire Discounters franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a bakery franchise like Aunt Millie's Bakeries presents considerations regarding localized market demand and the presence of established neighborhood bakeries. Franchisees will navigate the complexities of maintaining consistent product quality across a diverse product range, from bread to pastries. Furthermore, ensuring a reliable and timely supply of essential ingredients, like flour and yeast, from designated suppliers requires careful management.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Tire Discounters franchise?
How can I estimate the profitability and return on investment (ROI) of a Tire Discounters franchise?
What is the franchisee fee for a Tire Discounters franchise?
How to open a Tire Discounters franchise?
How many locations does Tire Discounters have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
