Retail

Simple Tire Is No. 383 on the Inc. 5000

Posted on August 20, 2019

For the second straight year, SimpleTire LLC has been named one of the fastest growing companies as well as the fastest growing automotive company in America by Inc. Magazine.

SimpleTire achieved a three-year revenue growth rate of 1200.9%, which ranked it number 383 on Inc.’s 2019 list of the 5,000 fastest growing companies in America. The Philadelphia, Pa.-based company links tire dealers into a nationwide e-commerce platform.

Last year, SimpleTire made Inc. Magazine’s list for the first time and was ranked number 419, with three-year revenue growth of 1,197%.

“We’re honored to again be recognized as one of the fastest-growing private companies in America and are truly grateful for everyone’s continued trust in SimpleTire,” says SimpleTire CEO Andy Chalofsky.

“Our sustained growth is a testament to the team we’ve assembled and the outstanding support we receive from our suppliers, partners and customers. As a private company, we understand the impact that small businesses have on our economy. That’s why our business model is built on providing small, independent tire suppliers with a place in the e-commerce market so that they can continue to thrive.”

The Inc. 5000 provides a look at America’s most successful small, independent businesses and has become a symbol of entrepreneurial success, with companies such as Microsoft, Dell and Domino’s Pizza gaining early national exposure as honorees on the Inc. 5000.

Companies on the 2019 Inc. 5000 list achieved a median three-year growth of 157.4%. Their combined revenue was $237.7 billion, and the average 2018 revenue was $47.5 million.

SimpleTire says it continues to grow because it is constantly looking for ways to innovate. For example, Chalofsky notes the company recently expanded its installation program so that consumers can receive a “white glove” installation at a transparent, flat rate.

Chalofsky adds that SimpleTire is continuing to look for independent tire suppliers and installers across the U.S. who want to grow their businesses. Also, the company is adding to the nearly 100 employees at its headquarters outside Philadelphia and is currently hiring to fill positions in information technology, sales, marketing, HR and logistics.

For more information, visit https://simpletire.applytojob.com/apply.

In May 2018, Simple Tire established a partnership with Dealer Tire LLC, a national tire dealer and distributor to car dealerships.

About SimpleTire

SimpleTire is an online tire retailer that sources tire inventory from independent tire suppliers across thecountry. SimpleTire sells tires in all categories, including passenger, light truck, commercial, agriculture, OTR, industrial, ATV, antique and various specialties. For more information, visit the company's website.

Related Topics: commercial tire, Dealer Tire, e-commerce, Inc. 5000, online tire sales, passenger tires, Simple Tire

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