PALM BEACH GARDENS, Fla. (July 29, 2024) – TBC Corporation (“TBC”), a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations, is pleased to announce that its franchise brands, Big O Tires and Midas, have been recognized in Entrepreneur’s second annual ranking of the Top Franchise Brands for Multi-Unit Owners. The ranking identifies the brands with the most appeal for prospective franchisees interested in multi-unit ownership, as well as for existing franchisees looking to expand their portfolios. Midas was ranked #30 and Big O Tires was ranked #45 on the list.
“Over 75% of Big O Tires franchise shops are owned by multi-store owners, with 60% of the locations owned by franchisees with three or more shops,” said Gary Skidmore, senior vice president & COO of Big O Tires. “With six decades of automotive repair experience and expertise coupled with our proven track record of success, purchasing power, marketing assistance and more, this recognition reinforces the value that entrepreneurs can find when they become part of the Big O family.”
This annual ranking acknowledges the top 150 franchise organizations based on the percentage of multi-unit franchisees, average number of units owned, discounts available for purchasing multiple units, and more. Rankings on this list are also based on each company’s Franchise 500 score, which considers outstanding performance in areas such as unit growth, financial strength and stability, and brand power.
“At Midas, we’re committed to building strong relationships with our franchisees, whether they operate four Midas shops or 40, and providing them with the tools, training and communication they need to help them be successful,” said Lenny Valentino, Jr., president & COO of Midas. “The Midas franchise system continues to strengthen, as we are attracting sophisticated multi-unit franchisees from a variety of industries, including the quick-service restaurant (QSR) industry. We are pleased to be recognized by Entrepreneur as a top choice for franchise business owners.”
To view the full 2024 Top Brands for Multi-Unit Owners list, click here.
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, consumers receive 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 www.tbccorp.com and follow TBC Corporation on LinkedIn.
