The challenges of 2020 have been immense, and commercial tire dealers are doing their best to weather the storm. As Bob Berlin, president of Orange, Mass.-based Pete’s Tire Barns Inc., put it, “We’re pretty much flat for the year — and we’re happy.”
The dealerships on the 2019 Modern Tire Dealer 100 did a lot of buying and building in the last 12 months to strengthen their market positions in a consolidating industry. More transactions and projects are in the pipeline.
Dave Vogel says most tire dealers are sitting on a pile of money. And ignoring it. Their computers might as well be stuffed with cash, and their filing cabinets overflowing like a triple-cherry slot machine jackpot.