From the filed FDD — automated extraction, check the source
2026 FDD
SBA-eligible · directory code S2560 since 2018
Tire Pros
Tires · parent company: not identified
Tire Pros is a network of independent tire and automotive-service retailers operating under a shared brand. Locations sell tires and perform maintenance and repairs such as alignments, brakes, and oil changes. A franchisee runs a tire-and-auto-service shop with service bays and a sales counter.
Tire Pros net unit count declined 19.5% over 2021–2025 per its FDD Item 20.
New to franchising? Start here
A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.
Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. Most numbers on this page come from that document; others come from federal SBA loan records and labor and census data, each labelled with its source:
- Franchise fee — the one-time cost to buy in.
- Royalty — the ongoing cut of your sales you pay the franchisor.
- Item 20 — how many locations opened, transferred and left the system, the main basis for our verdict, which rates how strong the disclosed record is, or says when the system is too new, the filing too old, or the disclosure too thin to judge.
Our rating · opinion
Weaker disclosed record
As we extracted it, the audited financial statements in this brand's 2026 FDD include going-concern language — a statement of "substantial doubt" that the franchisor (or, in some filings, its parent) can continue operating for a year. Where it appears (the auditor's report, management's notes, or the state cover page) is shown in the franchisor-finances section below; confirm it in the FDD's financial-statement exhibit. We cap the rating whenever it appears.
Exit rate · fiscal 2025
21.8%
vs 1.7% median across 27 comparable systems (automotive)
Cost to open
$111K–$444K
Item 7 total investment range
SBA loan losses
Too few to rate
13 seasoned resolved loans; 30 needed
Market density · California
Typical density
1% denser than the national average
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Data as of 2026-10-29. Figures come from Tire Pros's public FDD filings (latest: MN 2026, extracted 2026-07-29) and SBA FOIA loan records (through FY2026), extracted by us and possibly containing errors. The rating is our opinion, not investment, legal, or tax advice. Franchisor or owner and see something wrong? Report a correction — we review every request.
Buying an existing Tire Pros? Transfer fee $2,000, resale record and asking-price check →
What each source says
FDD record · SBA loans · model · auditor
The going-concern disclosure in Item 21 comes first: whatever the unit or loan record says, the filing itself raises doubt that the company selling the franchise, or the parent behind it, can keep operating.
FDD record · Item 20
Weaker operating record
Units fell 20% (2021–2025: 615 → 495); exit rate 21.8% (fiscal 2025) vs 1.7% median.
SBA loans · vs same-year loans
Too few seasoned loans
13 resolved loans approved by FY2020; 30 needed.
Modeled risk
Elevated
Directional only — too few seasoned loans to check it.
Auditor opinion · Item 21
Going-concern risk on the state cover page
Stated on the 2026 FDD's state cover page; the auditor's report in the filing has no going-concern paragraph.
Behind the verdict
the record, factor by factor · Item 20
latest consecutive years · Item 20 Table 1
terminations + ceased-ops vs. all exits · Table 3
transfers vs. base · Table 3
actual vs. projected openings · Table 5
Item 19 disclosure + completeness · shown, not counted in the verdict
Systemwide units
2021–2025
Survival record
FDD Item 20 · outlet status by year
In fiscal 2025, 132 of 605 franchised outlets left the system — an exit rate of 21.8% (fiscal 2025), vs a 1.7% median across 27 comparable systems (automotive). An exit is not a failure: this counts terminations, non-renewals and "ceased — other reasons" as reported, and excludes transfers to new owners.
Show the outlet tables ↓Hide the evidence ↑
| Status (FTC) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Outlets at start | 615 | 615 | 623 | 644 | 605 |
| Opened | 63 | 74 | 78 | 70 | 22 |
| Transfers | 14 | 23 | 11 | 21 | 9 |
| Terminations | 63 | 66 | 50 | 103 | 121 |
| Non-renewals | 0 | 0 | 3 | 0 | 4 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 4 | 6 | 7 |
| Outlets at end | 615 | 623 | 644 | 605 | 495 |
| Net change | 0 | +8 | +21 | -39 | -110 |
The franchisor's own finances
FDD ITEM 21 · AUDITED STATEMENTS · 2026 FDD
The 2026 FDD's state cover page warns that the auditor's report expresses substantial doubt, but the auditor's report in the filing has no going-concern paragraph; revenue fell 31% from FY2023 to FY2025 and it reported a net loss in every year shown (FY2023–FY2025).
The FDD's state cover-page risk factor says the auditor's report expresses substantial doubt (p. 4). The independent auditor's report in the filing (HCVT, pp. 199–200, dated April 16, 2026) on Asphalt Tire Pros Francorp, LLC gives an unmodified opinion with an Emphasis of Matter on the predecessor's Chapter 11 sale and fresh-start accounting, and contains no going-concern paragraph.
Audit opinion
Going-concern risk on the state cover page
Holthouse Carlin & Van Trigt LLP (HCVT) · p. 4
Revenue · FY2025
$11.0M
extracted · not cross-checked
Net income · FY2025
−$5.1M
extracted · not cross-checked
Where FY2025 revenue came from
30% royalties
initial-fee share not extracted
Show the statement figures ↓Hide the evidence ↑
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total revenue | $15.8Mextracted · not cross-checked | $16.2Mextracted · not cross-checked | $11.0Mextracted · not cross-checked |
| Royalty revenue | $4.7Mextracted · not cross-checked | $4.8Mextracted · not cross-checked | $3.3Mextracted · not cross-checked |
| Net income (loss) | −$14.0Mextracted · not cross-checked | −$8.0Mextracted · not cross-checked | −$5.1Mextracted · not cross-checked |
The lender's view
SBA 7(a)/504 loan outcomes · compared with franchise loans of the same years
Banks have made 39 SBA-backed loans to Tire Pros franchisees since 2005. Only 13 of its loans approved by FY2020 have resolved — fewer than the 30 we need to compare it fairly with other franchise loans, so we don't rate it.
All-time, 1 of 15 resolved loans charged off (6.7%). That raw figure mixes every approval year since 2005 — loans made in 2006–08 failed at several times the rate of loans made in 2010–13 across all franchises — so it is shown as evidence, not as the score. 62% of the brand's loans have not resolved yet.
—
13 seasoned resolved · 30 needed
6.7%
1 of 15 resolved, every approval year
—
charged-off $ ÷ approved $, defaulted loans
$655,685
what recent franchisees borrowed
—
shown with 10+ defaults
7 vs 11
distinct banks still lending
Charge-off rate by loan approval year (%) · dashed line = all franchise loans that year
Loan performance by state
SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO TIRE PROS BY SBA FRANCHISE NAME/CODE · RESOLVED = CHARGED-OFF + PAID-IN-FULL · EXPECTED = SAME-YEAR RATE ACROSS ALL SBA FRANCHISE LOANS, LOANS ≥ ~6 YEARS OLD
The owner's side of the deal
FDD × federal loan record
Who finances it
America First Federal Credit Union
17.2% of this brand's loans
That lender charges off 3.4% of its resolved SBA loans to other franchise brands in the FOIA file, vs 14.8% nationally — a read on that lender's portfolio mix, not a finding about the bank.
Who buys it
72.7%
borrowers with no other franchise SBA loan on record
The rest already owned at least one other franchise. Across the corpus, brands bought mostly by repeat operators have charged off less often than brands sold mostly to newcomers (see methodology).
Does experience help here?
Not enough resolved loans to split
Computed from 39 SBA 7(a)/504 loans matched to Tire Pros by SBA franchise code in the SBA FOIA file. Debt service assumes level amortization at the average disclosed term and rate. Owner-level splits rely on borrower-name matching and may misclassify. A lender's rate excludes its loans to this brand, so it reads the lender, not the brand.
What it costs — and what it drags
FDD Items 5–7 · fees, investment, royalty
Buying in means a $7,000 franchise fee (Item 5) and a total investment of $111K–$444K (Item 7). The franchisor publishes no earnings claim (Item 19) — ask current and former franchisees for real numbers.
To open (Item 7)
$111K–$444K
all-in investment range
Franchise fee (Item 5)
$7,000
upfront, one-time
Royalty (Item 6)
See Item 6
not a single flat % — read the fee table
This is not profit. It covers what the FDD fixes: what you put in, and the royalty you owe on sales. Your take-home depends on parts, technician labor, rent, and the months to breakeven, none of which the FDD fixes for your unit (some Item 19s include cost data — read it).
Build a real pro-forma for Tire Pros with a buyer-paid CPALabor record
US Dept. of Labor enforcement · franchisee-level · FY2005–present
Federal investigators have concluded 18 wage cases against operators of this system, recovering $122K in back wages for 116 workers, including 1 child-labor case. Some of these cases are recent, not ancient history. These cases name franchisee-owned locations, not the franchisor itself.
Concluded cases
18
Back wages owed
$122K
Employees affected
116
Since 2020
3
1 of these cases involved child-labor violations, covering 2 minors across the system's franchised locations.
Read this carefully. The employers in these cases are individual Tire Pros franchisees — separately owned businesses operating under the brand name — not Tire Pros itself. The franchisor is not the respondent and in most cases is not a party. What the record shows is how this system's operators run their payrolls, which is worth knowing before you become one of them. Counts rise with system size and with age: a 20-year-old, 10,000-unit system will out-count a young one regardless of conduct. Cases are matched to the brand by trade name and may include misattributed employers. Source: DOL Wage and Hour Division concluded compliance actions, FY2005–present, most recent finding 2025.
Modeled risk
FDD Risk Score · a prediction from disclosure and loan-file features
The model puts this brand in its elevated band — but this brand has too few seasoned SBA loans to check the score against, so read it as a band, not a number.
Risk percentile
Elevated
Directional · no point estimate
Modeled · vs same-year loans
band only
too few seasoned loans to check
Top drivers: Item 20 exit rate (raises) · Non-clean audit opinion (raises) · Share financed by high-loss lenders (lowers) · No Item 19 disclosure (lowers). Too few seasoned SBA loans to check the score — read it as a band. A linear scorecard trained on brands' vintage-adjusted SBA loss records; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.
Public records
Bankruptcy, closure & federal court records · coverage is selective · dockets are not scored
Filed by the franchisor · CourtListener/RECAP ↗ · 26mo ago
10 questions to ask a Tire Pros franchisee
Built from this brand's own disclosures · take it to your validation calls
The franchisor will give you a list of owners to call. Most buyers ask whether they like it. These questions come from what Tire Pros has disclosed. Each one carries the number it came from, so you can check the answer against the record.
- 01
Tire Pros’ own Item 20 shows 132 of 605 franchised outlets left the system in fiscal 2025 — about 21.8%. Do you know any of those owners, and do you know why they left?
A franchisor will call these “transitions.” An owner three doors down usually knows whether they sold at a profit or handed the keys back.
FDD Item 20 · FY2025
- 02
9 units transferred to new owners in fiscal 2025. When you look at those, were they people cashing out a good business — or getting out of a bad one?
Item 20 counts transfers as neutral, but a transfer can be a good sale or a reluctant exit — the filing does not say which.
FDD Item 20 · FY2025
- 03
The system went from 615 units to 495 over 5 disclosed years. What's the explanation you've been given, and do you believe it?
A shrinking system means fewer owners funding the ad fund and support staff you're paying for.
FDD Item 20 · FY2021–FY2025
- 04
Item 7 puts the cost to open at $111K–$444K, yet the average recent SBA loan to Tire Pros franchisees was $656K — above the whole range. What did those loans pay for: new units, resales, real estate, several units at once? And what did you actually spend to open, all in?
A loan above the disclosed range can mean buyers routinely overspend Item 7, or that SBA money in this system funds resales, property or multi-unit deals. The filing doesn't say which; an owner can.
FDD Item 7 vs SBA approvals FY2020+
- 05
Tire Pros’ FDD makes no financial performance representation at all — legally, they've told buyers nothing about earnings. What did your first 24 months actually look like, month by month?
When a franchisor won't publish numbers, existing owners are the only source. Silence in Item 19 is a choice, not a requirement.
FDD Item 19 · 2026
- 06
How many months did it take to cover your own costs, and how much cash did you burn getting there?
Ramp-to-breakeven working capital is the most underestimated line in any franchise purchase, and the most common reason otherwise-good units fail.
Not disclosed in any FDD — ask an owner
- 07
Our extraction of the franchisor's audited financials (Item 21) found going-concern language — confirm it in the filing. Has support or supply changed for you in the last year?
If the franchisor fails, your agreement, your supply chain and your brand can be sold to someone whose plans you never agreed to.
FDD Item 21 · audited financials
- 08
What does the franchisor charge for that you didn't expect — required tech fees, mandatory remodels, approved-supplier pricing?
Required spending appears across Items 6, 8 and 11 rather than in one place, so buyers routinely miss the total.
FDD Items 6, 8, 11
- 09
If your agreement came up for renewal tomorrow at current terms, would you sign again?
The single most predictive question you can ask. A hesitation is the answer.
Ask every owner you speak to
- 10
Who else should I call — including someone who left?
The franchisor's list is curated by definition. Former franchisees are where the unflattering truth lives, and current owners usually know how to reach them.
Ask every owner you speak to
Want this as a checklist you can take to the calls?
I'll email you the printable version, and tell you if Tire Pros’ numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Tire Pros’ numbers, including talking you out of a bad deal.
This page is what buyers see before they call you for validation. If the record above is wrong — or right in a way the numbers can't show — say so. Franchisors: send corrections with the page reference and we will review them against the filing and update or annotate the page. Corrections are checked against the filings; nothing you write is published with your name unless you agree to it.
Tire Pros franchise questions, answered from the filings
How many Tire Pros franchised outlets left the system last year?
In Tire Pros's latest FDD Item 20 (fiscal 2025), 132 of 605 franchised outlets left the system — an exit rate of 21.8% — compared with a 1.7% median across 27 comparable systems (automotive) tracked here. That counts terminations, non-renewals, and "ceased operations — other reasons" as the franchisor reported them; it excludes transfers to new owners. The FDD does not say why each outlet left, and an exit is not the same as a failure.
How much does a Tire Pros franchise cost?
Per Tire Pros's 2026 FDD, buying in requires an initial franchise fee of $7,000 (Item 5) and a total initial investment of $111K–$444K (Item 7).
Does Tire Pros disclose earnings (Item 19)?
No — Tire Pros's 2026 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim; ask current franchisees for real numbers.