Question 1

How many Michelin Retread Shop franchise locations are there?

Accepted Answer

Michelin Retread Shop currently has 44 total units, including 44 franchised locations and 0 company-owned locations.

Question 2

Is the Michelin Retread Shop franchise system growing or shrinking?

Accepted Answer

Michelin Retread Shop has experienced negative net growth of -2.2% over the past year, with a 3-year compound annual growth rate (CAGR) of -1.5%.

Question 3

What is the franchise vs. company-owned ratio for Michelin Retread Shop?

Accepted Answer

Michelin Retread Shop has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Michelin Retread Shop franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Michelin Retread Shop had 0 units opened and 1 units closed.