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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$222K - $258K
Units as of 2023
24 Increase 242.9% over 3 years

Company Overview

About GoMobile Tires

Industry Automotive
Related Categories Wheels & Tires
Founded 2018
Parent Company USA Gomobile
Leadership Derek Naidoo, CEO & Founder
Corporate Address 163 S.W. Freeman Ave., #D
Hillsboro, OR 97123

Business Overview

Franchising Since 2018 (6 years)
# of employees at HQ 16
Where seeking

This company is offering new franchises throughout the US.

# of Units 24 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a GoMobile Tires franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$35,000
Initial Investment Information Circle
$221,600 - $257,600
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$100,000
Royalty Fee Information Circle
7.5%
Ad Royalty Fee Information Circle
2.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 40 hours
Classroom Training 16 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022