TBC Corporation’s Iconic Franchise Brands Ranked #1 In Respective Franchise Categories
PALM BEACH GARDENS, Fla. (January 18, 2024) – TBC Corporation (“TBC”), one of North America’s leading providers of mobility solutions, is pleased to announce that its subsidiaries, Big O Tires and Midas, were recognized as two of the top 500 franchises in Entrepreneur’s 45th annual Franchise 500® ranking. Each of the well-known franchise brands also ranked number one in their respective categories for 2024. This annual award acknowledges the top 500 franchise organizations based on outstanding performance in areas including unit growth, financial strength and stability, and brand power.
Big O Tires was named the number one franchise brand in the Wheels & Tires category again this year and ranked 87 overall – up 70 spots from 2023. A total of 1,389 brands applied for this year’s listing, a record-breaking number of applicants.
“Since 1962, Big O Tires has been a trusted source for customers to find quality, affordable tires and automotive care,” said Gary Skidmore, Senior Vice President and General Manager of Big O Tires. “We believe in providing the very best in products and services and our commitment to satisfaction is also at the heart of our promise to our franchisees — to be there for them at every turn. Our ranking on this year’s Franchise 500® list reflects that promise and is only possible because of the strong group of franchisees within our system.”
Midas ranked number one for Automotive Repair and Maintenance Services for the fourth consecutive year and ranked 98 overall.
“At Midas, we’ve been helping hardworking franchisees enjoy success for over sixty years,” said Lenny Valentino, Jr., President and Chief Operating Officer of Midas. “We are incredibly proud of our team and are thrilled to be recognized with these awards, which speak to the increased collaboration between our franchise system and the Midas support team as we continue to evolve and grow the brand.”
Entrepreneur’s editorial team researches and assesses several factors when evaluating the ever-changing franchise marketplace, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then given a cumulative score based on an analysis of more than 150 data points. The 500 franchises with the highest cumulative scores become the Franchise 500® in ranked order.
To view Big O Tires and Midas in the full ranking, visit http://www.entrepreneur.com/franchise500.
About TBC Corporation
TBC Corporation (TBC) is one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, NTW, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at approximately 2,400 franchised tire and automotive service centers under the Big O Tires® and Midas® brands. For more information, visit tbccorp.com.