1-800-Radiator, the Nation's Leading Auto-Parts Distribution Franchise, Announces Acquisition of B&B Radiator in Texas
BENICIA, Calif., June 4 // PRNewswire // -- 1-800-Radiator, an auto-parts distribution franchise and the largest independent auto parts distributor in the nation, today announced its purchase of B&B Radiator, a family-owned and operated automotive cooling parts business in North Texas and the Houston area since 1972. The Texas company also owns a muffler shop, B&B Muffler, which was not part of the sale.
During its thirty-six years in business, B&B Radiator had seven locations. At the time of sale, it had 44 employees most of whom have been retained by 1-800-Radiator.
B&B owner Larry Boatright said he is selling the radiator shops to give himself the opportunity to pursue other interests.
The B&B purchase adds to 1-800-Radiator's presence in the Texas market. The company currently has 18 franchise locations throughout the state.
"This acquisition is consistent with 1-800-Radiator's strategic direction," said Mike Rippey CEO of 1-800-Radiator. "We are continuing to access new markets that we have identified as key to assuring our growth and leadership position in the automotive cooling parts market."
1-800-Radiator sells radiators, condensers, A/C parts, fan assemblies, gas tanks, heating cores, and other new automotive parts. In almost all cases, the company provides same day delivery to customers at their businesses or homes within a few hours.
Over the last 25 years, 1-800-Radiator has grown from a small $3 million company to one with over $120 million in revenue. The company has outperformed rivals by designing state-of-the-art computer systems to handle marketing, warehousing and purchasing.
This month CIO magazine awarded 1-800-Radiator the prestigious 2008 CIO 100 award for exemplifying the highest level of operational and strategic excellence in information technology.
Entrepreneur magazine recently named 1-800-Radiator as the 37th fastest-growing franchise in the nation in their Annual Franchise 500(R) rankings for 2008.
About 1-800-Radiator
1-800-Radiator is an auto parts distribution franchise and the largest independent parts distributor in the nation with more than 200 locations in the US and Canada. The company has only 17 remaining franchise locations for sale. The 1-800-Radiator business model provides retail and wholesale customers with radiators delivered to their doorstep in a matter of hours at competitive pricing. To their franchisees, 1-800-Radiator provides state-of-the-art software technology, along with 24-7 support. For more information, go to: http://www.1800radiator.com.
SOURCE 1-800-Radiator
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