Retail

RNR Repeats as Top Wheel and Tire Franchise

Posted on February 6, 2018

Once again, RNR Tire Express was named the top "Wheels and Tires" franchise on the "Entrepreneur Franchise 500" list. Overall, the Tampa, Fla.-based company ranked 202.

Big O Tires LLC, a franchise operation under the direction of TBC Corp., ranked 250th on the 39th annual list.

"RNR has made tremendous strides as a company by working closely with our franchise partners to influence important brand decisions, leading to our significant growth over the past 15 years," said founder Larry Sutton.

In 2017, the company finished first in the Wheels and Tires category and ranked 126 on the Entrepreneur Franchise 500 list.

Three of the key factors in determining the rankings are the franchise fee, total investment and royalty fees. Unit growth also is a consideration. In 2017, RNR opened its 100th store.

Based in Sarasota, Fla., the milestone outlet was the company's 15th company-owned store. The other 85, under the direction of SPF Mgt. Co. LCC, are franchise operations.

RNR also ranked 29th on Franchise Gator's annual list of the "Top 100 Fastest Growing Franchise Concepts."

For more information on RNR Tire Express, check out these links:

"From Wheels to Tires: RNR Tire Express Reaches 100 Stores and Changes Its Name."

"Inc. Magazine Names RNR Tire Express One of America's Fastest-Growing Companies."

"RNR Tire Express Is Donating a Portion of Sales to Hurricane-Relief."

Related Topics: franchises, Larry Sutton, RNR Tire Express

Comments ( 0 )
More Stories
News Veritech Makes Management Changes

Veritech Mfg. & Wholesale Inc. has promoted Matt Bignell to general manager, and Alex Moore has joined the Veritech team as sales manager.

News Auto Care Association Forms Partnership with American Council of Young Political Leaders

The Auto Care Association kicked off its new partnership with the American Council of Young Political Leaders (ACYPL) by hosting a seven-person delegation of rising political leaders from Australia in Washington, D.C., on July 23.

By 2022 Nokian says the U.S. plant will have the capacity to produce 4 million passenger and light truck tires a year.
News Construction Is Underway at Nokian's U.S. Tire Plant

It's been nearly a year since Nokian Tyres plc broke ground in Dayton, Tenn. The company says its first U.S. production facility remains on schedule for a 2020 launch.

News Monro Names 2 Senior Leaders

Monro Inc. has added two executives to its leadership team. Jerry Alessia, who spent a dozen years working for Goodyear Tire & Rubber Co., will serve as senior vice president of tire merchandising.

The Service Professionals General Session at AAPEX in Las Vegas will focus on building rewarding careers for auto technicians.
News AAPEX General Session Focuses on Nurturing Service Careers

Automotive Aftermarket Products Expo (AAPEX) 2018 will feature a Service Professionals’ General Session geared to tackle an important industry issue: building rewarding careers for automotive technicians and ensuring they have the skills to repair vehicles equipped with new technology, regardless of where they are employed in the automotive aftermarket.

News Yokohama Offers Consumer Rebate on New Ascend GT Tires

Yokohama Tire Corp. is offering a $70 rebate to consumers who buy four Avid Ascend GT tires between Aug. 1 and Aug. 31, 2018.

News BFGoodrich Brand Is the 'Official' Tire of Surfing Competition

Michelin North America Inc.’s BFGoodrich brand has partnered with the World Surf League to become the official tire of the Vans U.S. Open of Surfing July 28 through Aug. 5, 2018, in Huntington Beach, Calif.

News Nexen's N'Fera Club Will Maintain 13 Off-Roading Trails in Big Bear

Nexen Tire America Inc.’s N’Fera Club has adopted 13 off-roading trails in Big Bear, Calif.

News Goodyear Earns $157 Million in 2Q 2018

Goodyear Tire & Rubber Co. posted net income of $157 million on net sales of $3.8 billion for the second quarter ended June 30, 2018. That compares to income of $147 million on sales of $3.7 billion in the second quarter of fiscal 2017. The company’s income-to-sales ratio for 2Q 2018 was 4.1%.

News More on ATD's Reorganization in Huntersville, N.C.

When CEO and President Stuart Schuette recently explained to American Tire Distributors Inc. associates why the company was downsizing its Field Support Center, the letter was long on strategic intiatives and short on details.

News Phil Pacsi Retirement to Result in Bridgestone Americas Marketing Leadership Changes

Bridgestone Americas Inc. has made several leadership changes to its marketing organization for the company’s consumer tire business and Bridgestone Retail Operations (BSRO). These changes follow the announcement that Phil Pacsi, vice president, sports/events marketing and training, will retire after 36 years with the company, effective Sept. 30, 2018. 

News Monro Acquires More Stores and Improves Sales

Net sales, comparable store sales and net income were all up at Monro Inc. during the company's first quarter of fiscal year 2019.

With a focus on long wear, fuel efficiency, and best-in-class wet braking, the TrueContact Tour is designed to offer improved performance in several areas versus its predecessor.
Product Continental Introduces All-Season TrueContact Tour

The new TrueContact Tour all-season tire from Continental Tire the Americas LLC is designed for passenger cars, minivans, and small CUVs.  

News Continental Will Move Ahead With Reorganization

Continental AG's supervisory board has unanimously approved the company's proposed organizational overhaul.

News Monro Is Offering Tire Installation for Amazon

Monro Inc. will install tires bought on Amazon.com. The company will initially offer the installation service to consumers in the Baltimore area, but eventually it will expand to include all of Monro's 1,174 stores in 27 states.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!