3 tyre franchises to give you a grip on your future
If you want to get in the driving seat with your own business these three tyre franchises could put you on the right track.
Big names in the auto world, these franchise networks expect hands-on commitment alongside a passion for cars.
Headquartered in South Australia, Bridgestone Select offers franchisees a 10 year term, delivering security of tenure.
Of course the franchisor expects incoming franchisees to share a love of cars but experience as a mechanic isn’t essential. What is needed is the capacity to deliver outstanding customer service, and the ability to manage a team.
When it comes to finding the right location, Bridgestone will take on the site selection and lease negotiation.
Expect to pay between $250,000 and $450,000 for a store, depending on its size, position and whether it’s new or established.
Quick Lane Tyre and Auto Centres
US-born and bred, Quick Lane is an offshoot of the Ford motor company, which adds gravitas and reassurance to the franchise offer.
The brand launched in Australia last year with a site at Hoppers Crossing and there are plans to take the franchise national within five years.
High traffic areas around second tier shopping centres are typical sites in suburbs with cars aged four to nine years old.
Quick Lane offers menu-pricing for most vehicles, and offers 14 specific services.
Franchisees benefit from a diagnostic system and smart technology to deliver efficiencies.
JaxQuick Fit Tyres
JaxQuick Fit specialises in tyres, wheels, brakes and suspension.
The JAX business began in 1949 in Sydney. In 1995 Quick Fit Tyres was founded in Queensland. The two brands joined forces in 2005 and now operate through more than 80 franchises across the eastern states.
Franchisees are at the vanguard of tyre retailing innovation with the industry’s first e-commerce platform and Touchpoint digital point of sale so customers can virtually fit wheel options.
The product base caters to all budgets, and features big brand tyre ranges.
Set up costs are typically between $250,000 and $400,000.