RimTyme Franchise for Sale

RimTyme Custom Wheels and Tires

RimTyme franchises offer consumers custom wheels and tires from a large selection with immediate installation. Customers have the option to pay cash, 90-day same as cash or rent-to-own. This model provides our mature operators (open 18 months or longer) average annual sales of $1.74 Million.

RimTyme is brand of RAC Franchising International, Inc. (RACFI), a subsidiary of Rent-A-Center (RCII). Rent-A-Center is a $3 Billion company with over 4500 rent-to-own stores and related touch points in all 50 states, Puerto Rico, Mexico and Canada. This financial strength and experience brings unmatched access to vendors and suppliers, business loans, training, support and advertising designed to enhance store sales.

Current RimTyme franchise operators have 27 open units in 12 states. Existing owners are opening additional stores, which are in various phases of development, each month for the remainder of this year. Same store sales were up 14% year over year in 2013.

Financing:

RAC Franchising International, Inc. co-guarantees a $300,000 credit facility for your on-going inventory needs as well as an $80,000 capital loan on a 48 month amortization schedule for construction and start-up expenses. We are so confident in our business model that we guarantee these loans ourselves.

Support:

RAC Franchising International, Inc. provides assistance in all areas of development and operation of your franchised business. We provide guidance and direction in selecting the right location and building it to company specifications. Training and support from industry experienced support personnel keep operators on the track to success.

Success:

RimTyme Custom Wheels and Tires was ranked #1 in Category by Entrepreneur Magazine for 2013

Fees:

RimTyme franchise operators pay a nominal 4% royalty with an opportunity to reduce this percentage based on sales volume and multiple units. Our advertising fund is currently only $250/mo. as we encourage our operators to focus their marketing dollars locally.

RAC Franchising International, Inc. is looking for financially qualified franchise operators in select southern states for its up-and-coming franchise brand, RimTyme. Exclusive territories and multi-unit development agreements are available.

Territories are available in: AL, AZ, AR, CA, FL, KY, LA, MD, MS, NV, NM, OK, TN, TX, VA

Our concept, backed by the financial stability of a $3 Billion parent company, offers high-end, custom wheels and tires with same day installation. With the option to pay up front or rent-to-own, the cash flow results are outstanding.
Min. Liquid Capital:
$150,000
Total Investment:
$300,000 - $680,000
Minimum Net Worth:
$450,000
Financing:
Yes

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