Big O Tires Franchise Profile

Big O Tires is a brand that offers franchises for the operation of retail stores whose core business is selling and servicing tires and related automotive products and services.

The brand Big O Tires offers franchise opportunities under the legal name of the company ”Big O Tires, LLC.” whose principal business address is 4300 TBC WayPalm Beach GardensFL 33410 USA.


Franchise Legal Name: Big O Tires, LLC


Franchise Trade Name (DBA): Big O Tires


Founded: 1962 in Englewood, Colorado, USA


Founder: Darwin Gunnell


Current Owner: TBC Shared Services, Inc


CEO: Laurent Bourrut


Operating Status: Active


Started Franchising: 1982


Industry: Automotive Maintenance


The Total Number of Stores Worldwide:466


The Total Number of U.S Based Franchisee-Owned Units: 434


Investment Cost for Starting One Franchise Unit in the USA:

  • From $333,500 to $1,441,800 for a traditional Big O Tires retail store.

Average Gross Sales per One U.S.-Based Franchise Unit:

  • $2,516,534 an average Total Income Big O Tires Franchised stores had make in 2021

Expected Franchise Owner Profit Margin From Gross Revenue:

N/A


Franchise Business Address:

  • 4300 TBC WayPalm Beach GardensFL 33410 USA

Website: Franchise Opportunities | Big O Tires


Phone: (561) 383-3000


Franchising Inquiry E-Mail: franchise@bigotires.com


Big O Tires Franchisee Initial and Ongoing Financial Requirements


Net Worth: $300,000


Liquid Assets/Cash Requirement: $100,000


Initial Fee Cost: $35,000


Ongoing Monthly/Weekly Franchisee Royalty Fees:

  • Franchisor Royalty Fee: 2-5% of Gross Revenue
  • National Marketing Fee: 0.9% of Gross Revenue
  • Local Fund Fee: 3.6% of Gross Revenue

    Big O Tires Average Annual Gross Sales Level per One Franchise Unit


    • According to franchisor FDD, in the 2021 fiscal year (from January 1, 2021, to December 31, 2021), an average-earning Big O Tire franchised location made $2,516,534 of Gross Revenue.

Number of U.S. – Based Big O Tires Stores by Years


  • In 2023, there are 466 Big O Tires stores opened in the USA.

  • In 2022 there were 434 franchisee-owned and 32 franchisor-owned stores in the USA.

  • In 2021 there were 425 franchisees-owned and 40 company-owned stores operating in the USA.

  • In 2020 there were 422 franchisees-owned and 41 company-owned stores operating in the USA.

Executives


Laurent Bourrut has been a Big O Tire President and Chief Executive Officer since June 2021.


Brian A. Maciak was appointed as President and Chief Operating Officer in July 2022.


Doug Sergent was appointed as a Head of Franchise Development on April 28, 2022.


Gary Skidmore is Divisional Vice President (East) since October 1, 2020.


Timothy S. Washburn is Divisional Vice President (West) since October 1, 2020.


Info Resources About Big O Tires Franchised Business

Big O Tires Franchise Disclosure Document (FDD):

 

 

Written by:

Stuart MacPherson

Hi, I'm Stuart. I've been running my own small business since 2019 after leaving a successful career in finance. I created FranchiseTheory to share my enthusiasm for franchising and the franchise business model.

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