Retail

Monro enters Florida with the purchase of 35 Tire Choice outlets

Posted on July 24, 2014
The first Tire Choice stores opened for business in May 2004.

The first Tire Choice stores opened for business in May 2004.

Monro Muffler Brake Inc. has signed a definitive agreement with Hennelly Tire & Auto Inc.to acquire 35 The Tire Choice & Total Car Care stores in Florida, a new state for Monro.

The stores are located in major west coast and east coast Florida markets, which allows Monro to enter the state "with a premier chain and a solid foundation for continued store growth," according to the company.

The transaction is expected to close in mid-August 2014.

Dan and Diane Hennelly, owners of Hennelly Tire, are winners of Modern Tire Dealer's 2013 Tire Dealer of the Year award. Dan is chairman and CEO of the company; Diane is vice chairman and chief financial officer.

"We always wanted to grow the business to 100 stores," says Dan. "Monro's got the infrastructure and strength to do it."

Dan will stay on as a consultant for at least the next three years. Working with Monro CEO and President John Van Heel, he will try to develop new Tire Choice outlets in Florida.

Tire Choice recently celebrated its 10th anniversary. To read more about how Tire Choice came to be, click on "It's all about making the right choices."

Related Topics: acquisitions, Dan Hennelly, Diane Hennelly, John Van Heel, Monro Muffler Brake, MTD Tire Dealer of the Year, Tire Choice

Comments ( 1 )
  • stan

     | about 3 years ago

    i have years of automotive experience.hurry and come to tallahassee,fla.im currently working at pepboys ready for a positive CHANGE!!!

More Stories
Scott Clark says consumers are replacing tires before they're fully worn, which costs them money, and brings environmental consequences as well.
News Michelin Seeks Industry Standards for Testing of Worn Tires

Michelin North America Inc. is using its stage at the North American International Auto Show in Detroit to talk about worn tires, and the company wants tire dealers and the entire tire industry to follow its lead.

Matt Leeper from Falken Tire, left, presented a grand prize motorcycle to Ron Barlow from FTC Enterprises during the final dinner of the K&M Tire 2018 Dealer Conference.
News K&M Tire Dealers Learn Sales, Customer Service and Efficiency Tips

K&M Tire Inc. founder Ken Langhals likes to remind his 600-plus employees that a customer’s tire order one day doesn’t guarantee another order the next. And that means K&M’s annual dealer conference is an opportunity to provide dealers with help and extra services that set K&M apart from other wholesalers.

Article An Insight into Tires and Their Problems in Europe

The National Tyre Distributors Association (NTDA) recently held its annual conference, which, although traditionally staged in the UK, represents the ongoing current issues in the tire industry throughout Europe (at least until the Brexit negotiations are completed) and attracts an extensive and diverse range of delegates.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!