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  Home  >>  Automotive  >>  Tire Stores and Retreading




Tires Plus Total Car Care
8011 34th Ave. S., # 334
Bloomington, MN 55425


Submit an online form to receive information from Tires Plus Total Car Care.
Business Description

TIRES PLUS is one of the fastest growing retail tire store franchisors in the U.S. We are taking a new and innovative approach to tire retailing. Our franchisees enjoy thorough education programs, in-field support, marketing and advertising assistance, name brand product lines, exclusive territories and a proven operational system.

Franchisor Background

Year Established:  1976

Franchising Since:  1981

Operating Units:

Franchised Units:

74

13%
Company-Owned Units:49587%
 
Total Operating Units:
569
100.0%
 
Geographic Distribution:
U.S.:569100%In 24 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
569
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Minnesota58
2. Georgia49
3. Florida173

Registered in Following Registration States: Florida, Illinois, Michigan, Minnesota, North Dakota, South Dakota, Virginia, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $500K
Cash Investment:$150K
Total Investment:$462-588K
Average Total Investment:$525K
 
Fees:
Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:1%
 
Average Number of Employees: 10 Full-time, 5 Part-time

Space Needs (in square footage): 6,000

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:1
Formal Education:3
Psychological Profile:1
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:20 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 130
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
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:Not Applicable
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:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 
Training:
1. Classroom1 Week
2. Various Store Locations15 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 50

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Tires Plus Total Car Care.