Big O Tires Expands Footprint in Four States
Western Automotive Ventures purchases 44 stores and expands portfolio with the brand.
PALM BEACH GARDENS, FLA. (PRWEB) November 21, 2017 - Big O Tires®, one of North America's largest retail tire franchisors with more than 400 independently-owned and operated locations in 23 states, is pleased to recognize the expansion of the brand in Minnesota, Iowa, Kansas and Missouri in partnership with Mark Rhee and Western Automotive Ventures. Rhee, an existing franchisee of the Big O Tires brand with 12 locations in Nevada, now owns and operates 56 locations.
“We’re excited about our expansion and the opportunity to partner with Mark and his team again to bring the team you trust to Minnesota and to serve even more customers in Iowa, Kansas and Missouri,” recognized John Kairys, Vice President & General Manager of Big O Tires. “Mark is an exceptional businessman and industry leader and we’re fortunate to expand the brand with him.”
The locations were formerly NTB® Tire & Service Center locations.
“After careful consideration, we believe that this agreement is an exciting way for TBC to leverage an asset that will provide significant growth to Big O Tires; and will prove to be beneficial to our associates, consumers, franchises and corporation as a whole for years to come,” stated Erik R. Olsen, President & CEO, TBC Corporation.
“The growth of the Big O Tires brand continues as we evaluate opportunities, including multi-unit agreements with franchisees to develop territories over several years that will expand dramatically our footprint and unit counts in the future, all in the best interest of the brand,” said Lenny Valentino, Vice President of Franchise Development for TBC Corporation. “Over the past two years, we have opened more than 75 stores and expanded the Big O Tires brand into three new states with both new and existing franchisees.”
“This opportunity was a unique one for us in that we had an existing franchisee, who has experienced much success with the Big O brand, interested in growing his portfolio,” recognized Brant Wilson, SVP of Franchise Operations for TBC Corporation.
"We are super excited about our expansion with Big O Tires,” said Mark Rhee, President, Western Automotive Ventures. “The opportunity to grow our respective companies through this partnership was one that just felt right in all aspects and all of our company family team members and I are looking forward to bringing the Western Automotive Ventures mark of excellence to the people of Minnesota, Iowa, Kansas and Missouri."
About Big O Tires
Big O Tires, LLC has over 400 franchisee-owned and 2 company-owned stores primarily located in the Western and Midwestern United States. It is a subsidiary of TBC Corporation. For more information, visit BigOTires.com.
About TBC Corporation
For more than 60 years, TBC Corporation (TBC), one of North America’s largest tire sellers has been a tire company ahead of the curve. Through worldwide operations spanning wholesale, retail, and franchise, TBC provides customers best in class brands and automotive maintenance and repair services with the underlying mission to exceed customer expectations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, Carroll Tire Company, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at more than 3,200 franchised and company-operated tire and automotive service centers under the brands Tire Kingdom® Service Centers, Merchant's® Tire & Auto Service Centers, NTB® Tire & Service Centers,Big O Tires® and Midas®.
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SOURCE TBC Corporation
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