TL;DR
RNR Tire Express expanded into over a dozen new markets and opened 20 new locations in 2021, with commitments for 31 additional locations. The franchise was recognized in Entrepreneur's Franchise 500 list and Inc. 5000 list for its growth.
The past year saw the emergence of the RNR Tire Express brand in more than a dozen new markets, chief amongst them being Queensbury, NY and Tucson, AZ. Both are the first stores in those states. Such expansion played a key role in helping the franchise to open 20 new locations in 2021. They’ve been able to amass commitments for 31 additional locations through 4 new Multi-Unit Development Agreements.
This growth did not go unnoticed by industry peers or respected members of the American media space. These past months alone, RNR Tire Express was recognized in Entrepreneur’s Franchise 500 list as one of the leading franchise brands throughout the U.S.
and Canada, and as the #1 Tire and Wheel franchise for the second year in a row. It also found itself on the Inc. 5000 list, which documents the year’s fastest-growing private companies.
And to kick off a new year of expansion for the franchise, RNR Tire Express was featured in Franchise Time’s 2022 Fast & Serious list, highlighting the 40 smartest-growing brands in the country.
“The success of the RNR franchise over the course of the past year has made clear the need that communities and populations have for our brand’s unique rent-to-own business model,” said Larry Sutton, Founder/CEO of RNR Tire Express. “As a company founded on the principal of providing families and individuals with affordable new tire and wheel pricing options, there’s nothing quite as inspiring as seeing how widely our services have been embraced and the growth we’ve experienced as a result.”
In this story
This story was originally published in Franchising.com on February 10, 2022. Burnaze summarizes and links to the original reporting.
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