RNR Tire Express & Custom Wheels Founder and CEO Larry Sutton Featured on CNBC’s “Blue Collar Millionaires”
March 31, 2017 // Franchising.com // TAMPA - Raised by a single mom in a one-bedroom duplex, Larry Sutton and his three siblings learned from an early age that if they wanted something, they needed to earn the money to pay for it. Sutton took this lesson seriously and by his senior year of high school, was well on his way to success, advancing up the ranks at his uncle’s Tampa-based TV and appliance business - even selling inventory to all the high school teachers. After a short stint in college, Larry joined forces with his uncle and opened a retail store, quickly learning that being a good salesman doesn’t necessarily make you a good businessman. Not letting that stop him, Larry was introduced to the rent-to-own industry - where he would eventually plant his roots, carving a niche in the growing and underserved tire and custom wheel market.
On Wednesday, February 15th, Larry’s successes were highlighted on an episode of CNBC’s Blue Collar Millionaires, a show that features "ordinary people overcoming difficulties to transform their dirty jobs into 'filthy riches.'” The new season, which started January 4, celebrates America's most inspiring self-made successes: the working-class men and women who've managed to build fortunes with nothing but mud, sweat, and tears. During the episode, Sutton shows viewers what it takes to make it as an entrepreneur and the importance of being passionate about what you do.
“If somebody would have told me when I started this company that we were going to grow into the 17th largest tire dealer in the United States, there is no way I would have envisioned that,” says Sutton during the episode. He goes on to say that he likes to “dream big but he doesn’t like to put limits on things.” “It is a journey and you have to keep doing the right things,” adds Sutton.
Founded in 2000, RNR has since grown to almost 100 locations in 22 states. The brand has experienced significant organic growth with 16 franchisees operating 86 locations, and over the past 15 months, RNR has opened a new store every month. RNR Tire Express & Custom Wheels has carved out a unique niche in the tire and wheel industry. With its convenient, no hassle payment plans that fit each client’s budget, RNR offers and professionally installs high quality tires and custom wheels to a growing underserved market. RNR has established a business model that allows clients to pay off name brand tires and wheels on a weekly or monthly plan that is affordable to them. The unique pay-as-you-go or lease purchase business model is not just attractive to consumers - franchisees of RNR have witnessed the demand of the service and are reinvesting in the brand to open more locations throughout the nation.
To learn more about Larry’s appearance on the show, visit: http://bit.ly/2ocDBn8. For more information about RNR and its franchise opportunities, visit www.rnrfranchise.com.
About RNR Tire Express & Custom Wheels
RNR Tire Express & Custom Wheels is a national franchise retailer of quality tires and custom wheels offered with convenient, no credit hassle payment plans designed to fit each client’s unique budgets. Established in 2000 by rent-to-own veteran, Larry Sutton, RNR has grown to almost 100 locations in 22 states. The brand recently ranked as the No. 1 category leader for tires & wheels in Entrepreneur Magazine’s 2017 Franchise 500 list and took home two spots on Tire Business’ 2015 Annual Report coming in at No. 15 for total revenue and No. 18 for total locations. RNR Tire Express & Custom Wheels is seeking qualified multi-unit franchisees to expand even further nationally with prime markets available throughout the country. For more information about RNR, or to inquire about franchise opportunities, visit www.rnrfranchise.com.
Fishman Public Relations
SOURCE RNR Tire Express & Custom Wheels