Are tire businesses profitable?
Yes, tire shops are profitable when managed well. Tires are a recurring need, and with the right pricing strategy, margins can be strong. Goodyear, one of the most trusted American tire companies, is a staple in the industry and is currently ranked as the largest tire manufacturer in the world.
Who is Discount tires’ biggest competitor?
Discount Tire’s top competitors include Big Brand Tire & Service, TBC, and AutoNation. Big Brand Tire & Service provides tire sales and auto repair services within the automotive service industry. TBC Brands is the largest marketer of private brand tires in North America. In recent private brand tire surveys, Independent Tire Dealers rated TBC Brands products #1 in ten of the categories surveyed, including Product Availability, Line Coverage, Delivery, Product Innovation, and Best Overall Brand.