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  Home  >>  Automotive  >>  Tire Stores and Retreading




Tire Warehouse
492 Main St., P.O. Box 486
Keene, NH 03431-4035




Submit an online form to receive information from Tire Warehouse.
Business Description

TIRE WAREHOUSE, 'Quality Tires For Less,' is a retail tire, wheel and auto parts franchise, offering quality products and services in a 'warehouse-style' setting. Franchisees will utilize the unique TW system to produce volume sales and profits. On-going training and support are provided.

Franchisor Background

Year Established:  1971

Franchising Since:  1989

Operating Units:

Franchised Units:

25

50%
Company-Owned Units:2550%
 
Total Operating Units:
50
100.0%
 
Geographic Distribution:
U.S.:50100%In 6 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
50
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Massachusetts11
2. Maine11
3. New Hampshire18

Registered in Following Registration States: New York, Rhode Island

Financial Requirements

Investment:
Minimum Net Worth: $150K
Cash Investment:$50-100K
Total Investment:$150-350K
Average Total Investment:$250K
 
Fees:
Initial Franchise Fee:$0
Average Franchise Fee:$0K
On-Going Royalty:3%
Average Royalty:3%
Advertising Fee:2%
 
Average Number of Employees: 5 Full-time, 2 Part-time

Space Needs (in square footage): 5,000

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:1
Formal Education:3
Psychological Profile:3
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:7 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 32
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Keene, NH2-4 Weeks
2. Field Training1-3 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 10

U.S.:

Yes, New England
Canada:No
Overseas:No
Submit an online form to receive information from Tire Warehouse.