Question 1

How much does it cost to open a Big O Tires franchise?

Accepted Answer

The total initial investment for a Big O Tires franchise ranges from $512K to $1.9M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Big O Tires franchise fee?

Accepted Answer

The initial franchise fee for Big O Tires is $18K.

Question 3

What are the net worth requirements for a Big O Tires franchise?

Accepted Answer

Big O Tires requires a minimum net worth of $300K and liquid capital of $100K.

Question 4

Does Big O Tires require a personal guarantee?

Accepted Answer

Yes, Big O Tires requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Big O Tires franchise?

Accepted Answer

Equipment costs for a Big O Tires franchise range from $250K to $395K. Initial inventory costs range from $75K to $188K.