This is one of the most enjoyable interviews I have been a part of.
Larry Sutton started out with a traditional rent to own business. Once he sold it he took an early retirement to play golf all the time. After a year, Larry got bored. What he was missing was the interaction with people and watching them grow and growing himself.
He kind of fell into the franchising business. Currently, RNR Tire Express is experiencing organic growth with 24 franchisees operating over 110 locations. Each store averages about $1.6 million in sales annually, with the top 20 hitting nearly $2 million. The brand has grown to $130M since beginning to franchise in 2003.
Larry jokes “somebody once told me, if you ever want to be a success, just hire people who are smarter than you, to which he replied, Ma’am, that’s going to be easy, I’m from Oklahoma.”
For more information about RNR Tire Express and Larry Sutton: