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Tire Kingdom

From Alfawiki
Tire Kingdom
Company typeSubsidiary
IndustryTire retail
Founded1972
FounderChuck Curcio
Headquarters
West Palm Beach, Florida
,
United States
Area served
Southern United States
ParentTBC Corporation (2000–2023)

Tire Kingdom stands as a prominent American tire retail chain predominantly serving the southern United States. Since 2000, it has operated as a subsidiary under TBC Corporation.

Background

Established in 1972 by Chuck Curcio, Tire Kingdom began its operations in a modest 10-by-20-foot space within a farmers' market located in West Palm Beach, Florida. The company experienced swift growth, expanding steadily across Florida. By 1984, it had opened 34 outlets and continued to broaden its reach, boasting 67 stores by the end of 1988. Curcio gained recognition for his flamboyant late-night celebrations, often dressing in eccentric costumes such as the character Crockett from Miami Vice. Over time, Tire Kingdom extended its footprint beyond Florida into states including Georgia, Louisiana, Vermont, Ohio, New Hampshire, and the Carolinas, as well as the United States Virgin Islands.

Acquisition by Michelin Group

In early 1989, Curcio completed the sale of Tire Kingdom to the Michelin group. By 1993, an investment consortium led by Goldman Sachs acquired control of the company, with Curcio rejoining the leadership team. Curcio eventually resigned from his position in 1996. Subsequently, in mid-2000, TBC Corporation purchased Tire Kingdom for an estimated $45 million. TBC Corporation also operates other tire retail chains such as Big O Tires, National Tire & Battery, and Merchant Tire, each maintaining distinct branding and typically serving different markets.

On April 3, 2015, TBC Corporation declared that all Tire Kingdom stores located outside Florida would be rebranded under the National Tire & Battery (NTB) name.

Later, on May 22, 2023, TBC announced the divestiture of all remaining company-owned Tire Kingdom and NTB outlets to Mavis Discount Tire.