October 17, 2017 // Franchising.com // TAMPA - Continuing on its trend of record-breaking sales and outperforming the competition, RNR Tire Express (RNR), the nation’s leading tire and custom wheel franchise, announced it has been ranked as one of the top 500 largest franchises in the U.S. by Franchise Times. RNR came in at No. 322 for the 2017 rankings, as measured by last year’s global system-wide sales.
The comprehensive list represents an authoritative snapshot of the largest U.S. based franchise systems, measured by a combination of voluntary reports and publicity available data including the franchises’ most recent franchise disclosure documents and Securities and Exchange Commission filings. RNR was one of only 23 companies in the automotive industry to be ranked on the list. The recognition of the brand’s growth and success has been primarily fueled by RNR’s advancements, while entering new markets and opening stores at record pace.
“Being recognized once again on Franchise Times’ Top 200+ List is great validation of the hard work of our franchise owners and innovative company advances RNR has made this past year,” said Larry Sutton, founder and president of RNR Tire Express. “In the year ahead, we look forward to reaching additional company milestones and achievements, all of which should serve as a testament to our franchise opportunity for anyone interested in joining the RNR Tire Express team.”
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 over 100 locations in 22 states.
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 more than 100 locations in 22 states. The brand recently was ranked on Inc. 5000 List for third time and 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 also ranked on Franchise Times Top 200+ list, coming in at No. 322. RNR owns two spots on Tire Business’ 2015 Annual Report coming in at No. 15 for total revenue and No. 18 for total locations. The brand 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