- Tyrepower says it isn’t a franchise. It’s owned by more than 300 members who are equal shareholders in the company.
- New members take shares in Tyrepower, which remain an asset, plus pay for the business they acquire and ongoing membership contributions.
- There are no franchise fees, but you still need to test stock, debtors, margins and labour carefully.
Tyrepower was formed in 1977 by ten independent tyre retailers and has grown to more than 270 locations. Rather than franchising, it operates as a member-owned group: each dealer owns their own business and a share in the company that runs the brand, buying and marketing.
That structure changes some of the questions you ask, because the protections and disclosure that come with a franchise agreement may not apply in the same way.
Tyrepower franchise at a glance
| Sector | Tyres, wheels and under-car services |
|---|---|
| Structure | Member-owned group, not a franchise |
| Formed | 1977, by ten independent tyre retailers |
| Members | 300+ equal shareholders |
| Locations | 270+ |
| Costs to join | Shares in Tyrepower, the business acquisition and membership contributions |
| Franchise fees | None |
Figures come from the public sources listed at the end of this guide and can change. Treat them as a starting point and confirm current numbers in the franchise disclosure document.
How the Tyrepower model works financially
Members keep control of their own business while using the Tyrepower brand, group buying power, marketing and systems. Without royalties, more of the gross profit stays with the store, but membership contributions still need to be modelled.
Because Tyrepower says it isn’t a franchise, the Franchising Code’s disclosure regime may not apply in the same way. Get legal advice on the membership agreement and shareholder obligations, and do your own financial due diligence on the store.
The numbers to test before you buy a Tyrepower franchise
- Stock: how much is included, how it’s valued at settlement and how much slow-moving or obsolete stock there is.
- Trade, fleet and account customers: who owes what, how quickly they pay and whether any key accounts are at risk.
- Gross margin by category (tyres, wheels, batteries, mechanical labour) rather than one blended figure.
- Workshop labour: technicians’ pay rates, award classifications, accrued leave and how many hours are actually billed.
- Equipment age and replacement costs for hoists, alignment machines and tyre changers.
- Membership contributions, share purchase terms and what happens to your shares if you leave.
Buying an existing Tyrepower store
Tyrepower stores are sold by members, often advertised as having no franchise fees. Reconcile sales and profit to BAS and bank statements, agree the stock valuation at settlement and review the lease and the membership terms you’ll be taking on.
How Franchise Co. can help with a Tyrepower purchase
We work with buyers and owners of franchise businesses across Australia. For a Tyrepower store we can:
- Review the numbers before you sign. Our business due diligence starts from $2,000 + GST and tests the store’s price, stock, debtors, margins and labour against the seller’s records.
- Set up the structure and the books. Entity choice, GST, payroll and a chart of accounts that reports margin by category and tracks debtors. See accounting and tax and bookkeeping, BAS and payroll.
- Check your franchise fees. We reconcile membership contributions to the sales they’re calculated on. See royalties and franchise fees.
- Plan the next store. If a second site is on the cards, we model the cash flow and funding first. See multi-site reporting.
Tyrepower franchise FAQs
Is Tyrepower a franchise?
No. Tyrepower says it’s owned entirely by its members, who are equal shareholders in the company.
How much does it cost to join Tyrepower?
New members take shares in Tyrepower, pay for the business they acquire and make ongoing membership contributions. There are no franchise fees.
How many Tyrepower stores are there?
More than 270 locations across Australia.
Do franchise protections apply to Tyrepower members?
Because it isn’t a franchise, the Franchising Code may not apply in the same way. Get legal advice on the membership and shareholder documents.
Franchise Co. is an independent accounting practice. We aren’t affiliated with, endorsed by or connected to Tyrepower. Tyrepower is a trademark of its owner and is used here only to identify the brand this guide discusses.
Sources and further reading
Sources checked November 2026. Franchise costs and fees change. Confirm current figures with the franchisor before acting.
This guide is general information for people considering a franchise in Australia. It doesn’t take your circumstances into account and isn’t personal tax, legal or financial advice.
Talk it through
Every franchise is different. Ask us how this applies to yours.
