TAMPA — RNR Tire Express (RNR) struck several deals lately with business partners covering commitments to open 47 new franchised stores in seven states, including 29 in Ohio, seven in Kentucky and five in Colorado.
Once all the stores come to fruition, the RNR Tire Express network would grow to 400 stores from 136 at mid-2020, Tampa-based RNR said without disclosing a timetable for the stores to open. RNR is celebrating its 20th anniversary in 2020.
So far in 2020, franchised RNR Tire Express locations have opened in Anderson and Columbus, Ind.; Orlando, Fla.; Macon, Ga.; Lafayette, La.; Greenville, N.C.; and Hewitt, Texas. The franchisor said it expects at least 10 more locations to open before year-end.
"This year has been such a momentous part of the brand's history, as we have worked to expand our footprint in order to provide safe and affordable tires for drivers across the nation in a time when it is needed most," RNR President Larry Sutton said.
"We are extremely grateful for our franchisees and corporate staff's continued passion and support in growing our brand to continue making a meaningful difference in the communities we serve."
The agreements covering new stores include:
- 29 stores in Ohio, in markets like Akron, Canton, Columbus, Dayton and Lima;
- seven stores in Kentucky, in markets like Louisville, Lexington and Bowling Green;
- five stores in Colorado, including markets like Fort Collins, Greeley, and Pueblo;
- three stores in Indiana, including markets like Bloomington and Terre Haute; and
- single stores in El Dorado, Ark.; Queensbury, N.Y.; and Phoenix.
RNR did not identify any of the individuals or companies behind these commitments.
In February, RNR announced a deal with an unidentified investor to open up to 25 RNR Tire Express locations in Indiana over the coming five years, including the locations in Anderson and Muncie that have since opened.
