What are some of the conditions that a Big O Tires franchisee must fulfill before opening their Big O Tires store for business?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.04 Conditions to Opening. Franchisee agrees, at its sole expense, to do or cause to be done the following prior to opening the Big O Store for business: (i) secure all required financing; (ii) obtain all required permits and licenses; (iii) construct all required improvements and decorate the Store in compliance with approved plans and specifications approved by Big O pursuant to Section 7.01(b) below; (iv) purchase (or lease) and install all fixtures, equipment and signs required by Big O for the Big O Store; (v) purchase an opening inventory of tires and supplies in accordance with Section 14.01 and 14.02; (vi) provide Big O with copies of all required insurance policies, or such other evidence of coverage and payment as Big O requests; and (vii) provide Big O with any other documents as may be reasonably required by Big O, including but not limited to financing statements.
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
According to the 2025 Big O Tires Franchise Disclosure Document, a franchisee must meet several conditions before opening their Big O Tires store. These prerequisites ensure that the store is properly set up and meets Big O Tires' standards.
Prior to opening, the franchisee must secure all necessary financing to fund the business. They also need to obtain all required permits and licenses to legally operate the Big O Tires store. The franchisee is responsible for constructing all required improvements to the store and decorating it according to Big O Tires' approved plans and specifications. This ensures uniformity and brand consistency across all locations.
Additionally, the franchisee must purchase or lease and install all fixtures, equipment, and signs that Big O Tires requires for the store. They also need to purchase an opening inventory of tires and supplies, adhering to the guidelines set by Big O Tires. The franchisee must provide Big O Tires with copies of all required insurance policies or other evidence of coverage and payment as requested. Finally, the franchisee needs to provide Big O Tires with any other documents that may be reasonably required, including financing statements.