What is the name of the parent company that ultimately owns Big O Tires?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
Big O is now a wholly-owned subsidiary of TBC Shared Services, LLC ("TBC Shared Services"), a Delaware limited liability company. TBC Shared Services is a wholly-owned subsidiary of TBC Corporation, a Delaware corporation ("TBC"). TBC is a marketer and distributor of tires and other products for the automotive replacement market, and sells products and supplies services to Big O franchisees. TBC is in turn wholly owned by TBC Holdings, LLC, a Delaware limited liability company ("TBC Holdings"). TBC Holdings was formed on March 9, 2018, and acquired ownership of TBC on April 5, 2018. The principal business address of TBC Shared Services, TBC, and TBC Holdings is 4260 Design Center Drive, Palm Beach Gardens, Florida 33410. Each of TBC Shared Services, TBC, and TBC Holdings may be deemed parents of ours.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 101–102)
What This Means (2025 FDD)
According to Big O Tires' 2025 Franchise Disclosure Document, Big O Tires, LLC is a wholly-owned subsidiary of TBC Shared Services, LLC. TBC Shared Services is a wholly-owned subsidiary of TBC Corporation. TBC Corporation is wholly owned by TBC Holdings, LLC. Therefore, the parent company that ultimately owns Big O Tires is TBC Holdings, LLC.
TBC Holdings, LLC, formed on March 9, 2018, acquired ownership of TBC Corporation on April 5, 2018. TBC Holdings, LLC is also the guarantor of performance for Big O Tires, LLC, ensuring that the obligations of Big O Tires under its franchise registrations and Franchise Agreement are met. This guarantee remains in effect until all obligations are satisfied or the liability of Big O Tires to its franchisees is completely discharged.
For a prospective franchisee, this ownership structure means that the financial stability and business practices of TBC Holdings, LLC, and its subsidiaries can indirectly impact the Big O Tires franchise. The franchisee may want to investigate the financial health and reputation of TBC Holdings, LLC, as the ultimate parent company, to assess the long-term viability and support for the Big O Tires franchise.