RimTyme Franchise
Full and complete line of custom wheel and tire products
RimTyme franchises provide a full and complete line of custom wheel and tire products, offered to consumers under traditional retail sales programs and under rental purchase programs. RimTyme franchises also engage in retail sales of accessory products. The RimTyme franchise prototype was developed and proven by current franchise business owners. These custom rim and tire stores offer same-day custom wheel and tire installations to customers at competitive prices and affordable payment plans. Compelling unit economics, combined with a well-established franchisor with 30 years' experience, provides an unparalleled opportunity.
Start-up Costs & Franchises Fees
What is the total cost to open a RimTyme Franchises?
Total Cost: $190,055-$327,584
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: $250/ mo
Term of Agreement: 5-10 years + 5-10
Contact Information for RimTyme
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RimTyme |
Phone Number: 972-403-4905 |
RimTyme In the Press
No results at this time.Historical Expansion
In what year did RimTyme begin operations? 2005
When did RimTyme begin selling franchises? 2007
Year United States Canada International Corporate 2008 13 0 0 10 2007 9 0 0 1
Future Expansion
United States: Nationwide
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): Wells Fargo Foothill, Texas Capital, and SBA
Training & Support
Training
4 Weeks
Support
*Central Purchasing
*Field Operation Evaluation
*Field Training
*Initial Store Opening
*Inventory Control
*Franchisee In the Pressletter
*Regional or National Meetings
Marketing
*National Advertising
*Regional Advertising
*Local Advertising
*Marketing Materials
*Additional Services
*Other Marketing Support
Franchise Operation Restrictions
Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes