RNR Tire Express Named One of America’s Fastest-Growing Companies by Inc. Magazine
National Tire & Custom Wheel Franchise Makes Inc. 5000 List for Third Time, Boasts 54 Percent Growth
August 17, 2017 // Franchising.com // TAMPA - Inc. magazine ranked RNR Tire Express (RNR) No. 4553 on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment - its independent small and midsized businesses. This is RNR’s third time making the list, a feat that a mere one in five companies actually achieve.
Distinguished companies are ranked according to the growth percentage of their annual revenue over a three-year period. To be featured on the list, applicants must have proven their strategies to be successful, demonstrating increased growth, revenue and reputation. Only the very best private, employee-based firms are awarded the distinction of being recognized, which is known as the gold standard of entrepreneurial success. The 2017 Inc. 5000 is the most competitive crop in the list’s history.
“It is quite an honor to not only be recognized for a third time but to also be ranked among some of the largest, most successful companies in America,” said Larry Sutton, founder and president of RNR Tire Express. “Our continuous growth is directly related to two things - the hard work and determination of our franchisees and our offering of quality products and services at an affordable price.”
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.
Founded in 2000 by rent-to-own veteran Larry Sutton, RNR has since grown to 100 locations in 22 states. The brand has experienced significant organic growth with just 19 franchisees operating 100 locations.
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 miscellaneous auto products in Entrepreneur Magazine’s 2017 Franchise 500 list and also took home the No. 126 spot on the annual ranking - the highest in company history. RNR was also ranked on the magazine’s Best of the Best list - coming in at No. 1 in the Automotive - Wheel and Tire Category. The brand owns 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.
SOURCE RNR Tire Express & Custom Wheels
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances