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February 20, 2023 01:00 PM

Monro acquires QC Auto Service, Muscatine Tire locations

Tire Business
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    ROCHESTER, N.Y. — Monro Inc. has acquired QC Auto Service and Muscatine Tire & Auto Center, a Bettendorf, Iowa-based dealership with four stores in Iowa and one in Illinois, and plans to co-brand the stores with its Car-X Tire & Auto identity.

    The deal closed on Feb. 19; financial details were not disclosed.

    "We are thrilled to add QC Auto Service and Muscatine Tire & Auto Center to the Car-X brand," Monro President and CEO Mike Broderick said.

    "They have provided great service to their communities for more than 40 years, and we will continue that commitment. We welcome their associates to the Monro team and look forward to serving their guests."

    The acquisition strengthens Monro's existing Car-X Tire & Auto presence in the Quad Cities and the surrounding area, Broderick added.

    QC Auto photos
    Monro Inc. has acquired QC Auto Service and Muscatine Tire & Auto Center, a Bettendorf, Iowa-based dealership with four stores in Iowa and one in Illinois.

    The deal comprises two QC Auto Service stores in Bettendorf, Iowa, and one each in Davenport, Iowa, and Moline, Illinois, as well as Muscatine Tire & Auto Center in Muscatine, Iowa. Monro earlier said the acquisition represents roughly $6 million in annualized sales.

    The five stores will be dual branded, adding Car-X Tire & Auto to their current identity. There are 20 other Car-X Tire locations in Iowa, including 11 acquired in 2021 from long-time Car-X Tire & Auto franchisee Mark Goldner.

    Approximately 30 associates will join Monro through the acquisition.

    "It wasn't an easy decision for our family to sell our business, but it was the right time," Dan Elias, owner and manager at QC Auto, said. "We knew that we could trust Monro to continue serving our valued customers and our employees."

    The purchase increases Monro's service locations to 1,303 company-owned stores across the U.S. Based on company-owned stores, Tire Business ranks Monro as the second largest retail tire dealership in the North America.

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