TAMPA (JANUARY 26, 2023) – RNR Tire Express, the nation’s leading tire and wheel franchise, is pleased to report yet another year of system-wide growth and development. Working against the economic tribulations of the past year, the RNR team was still able to achieve a variety of milestones and welcome a variety of franchise deals that will expand the brand to more markets than ever before.
The previous year saw the opening of 16 new RNR franchise locations, culminating in a year-end total of 178 operational stores. This doesn’t include the 8 additional locations currently in development throughout the in the first quarter of 2023. RNR also secured 3 separate franchise agreements in 2022, which, in total, account for 10 locations in the current pipeline.
A significant byproduct of these gains was the heightened brand awareness that the franchise has been able to achieve. Its official entrance into a variety of key markets being a core component in that. Last year alone, RNR welcomed its first locations in such cities as Grand Rapids, MI, Davenport, IA, and Elizabethtown, KY, to name only a leading few.
The franchise finalized agreements for 6-unit in Dallas/Fort Worth, 3-unit in Chicago, and 1 in Houston; the first for each to begin taking shape here in 2023, marking RNR’s first appearance in each market.
“While we are very pleased with the number of signed agreements that 2022 brought, our success this year can be measured in other ways including orchestrating the company’s largest giveaways and campaigns to date, building out our executive team with three separate director-level appointments, and ranking on Entrepreneur Magazine’s Franchise 500 list,” said Larry Sutton, founder and CEO of RNR Tire Express.
RNR’s franchise opportunity continues to prove itself a leading competitor in the sector. Attracting franchisees of all backgrounds and calibers not only to the brand’s recession-resilient nature, but to its leading position in a $40+ billion-dollar industry, near $3 million AUV, and people-first business model.
“With inflation on the rise and supply-chain issues continuing to disrupt our daily lives, RNR Tire Express is more determined than ever to make certain communities have access to safe, quality tires and custom wheels, all with affordable payment options,” said Adam Sutton, President of RNR Tire Express. “As the RNR family of franchisees continues to expand, so too does our ability to deliver on that effort to families and individuals nationwide.”
For more information on RNR Tire Express and its franchise opportunities, please visit www.RNRfranchise.com.
About RNR Tire Express:
RNR Tire Express is a national franchise retailer of quality tires and custom wheels known for their customer-centric, flexible lease-to-own payment options. Established in 2000 by rent-to-own veteran, Larry Sutton, RNR has grown to 180 locations in 28 states. The brand ranked No. 237 in Franchise Times’ Top 500 list for 2022, and was also recognized by Inc. magazine as one of America’s fastest-growing private companies. Most recently, RNR was ranked No. 170 in Entrepreneur Magazine’s 2023 Franchise 500 ranking and #1 in the Tires and Wheels category. RNR Tire Express is seeking qualified multi-unit franchisees to expand even further nationally with prime markets available throughout the country.
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