Sometimes it takes a leap of faith to fulfill a dream — or build a business.
Our 2024 Tire Business Tire Dealer Humanitarian Gus Herlong, co-owner, president and COO of Palmetto Garage Works (PGW), took that leap of faith about three years ago when he renovated a pair of long-abandoned buildings in downtown Columbia, S.C., into a state-of-the-art headquarters and adjacent Midas auto service shop.
Since PGW's founding in 2008, the company had been growing the Midas/SpeeDee franchise to 25 stores from the original five, while operating out of a house converted into office space. The headquarters soon got too crowded with the staff of 15 practically tripping over each other, Herlong told me.
So in 2021 he didn't just move to a new office space; he decided to invest about $3.6 million to renovate a downtown building that had been vacant for 60 years and an adjacent dilapidated building that was outdated and abandoned for almost five years.
The journey to build a new headquarters wasn't quick or easy.
His mother urged him to start the project. She found the property for sale and kept pushing Herlong and his father and co-owner Jim Herlong to consider it for the headquarters.
"And we were like, have you lost your mind? What are we going to do with that? Like, it's not a store. Like, how do you make that a store? And she just ignored us and just kept sending it," recalled Gus Herlong, who finally decided to look at the two buildings.
Located a mile down the street from the headquarters and a few blocks from the state capitol building, the buildings were on a block of neglected structures. One of the buildings used to house a Studebaker car dealership before morphing into office spaces.
So PGW hired an architect and contractors to develop a plan to redesign the interior and exterior of the buildings.
"We came in and gutted the whole thing, started over and put exactly what we wanted in place," Herlong said.
"So it was, 'Let's go take a humongous leap of faith, buy two office buildings, one of which hasn't had any occupancy for over 60 years, and build a new store one mile away from our flagship and move our headquarters down there,'" Herlong said, noting this was happening right after the pandemic.