Monro Muffler Brake Inc.: Providing Vehicle Maintenance Services throughout the United States

If you own a vehicle there’s a good chance that you’ve had that vehicle serviced in one of the Monro Muffler Brake vehicle maintenance outlets throughout the US. The company has over 800 store locations, three of which are franchised.

Monro Muffler Brake Inc. was established in 1957 by Chuck August. It was originally a franchise of another company, but decided to establish a brand of its own when Chuck decided to add services that weren’t in the company’s line of services. Chuck decided to discontinue the franchise and opened Monro Muffler in 1966.

By 1977, Monro Muffler Brake already had 20 locations. The company employed a rapid expansion program and 3 years later, they had 43 stores in New York. The company still expanded aggressively and by the mid 80’s, they had 59 stores that produced total annual revenue of around $21 million.

The company remained private until 1991 when it made its initial public offering at NASDAQ.   Chuck August had sold the company in 1984, but remained as a member of the board of directors until 2002. The new owners, headed by Donald Glickman, continued with an aggressive expansion program by acquiring other companies in the same or similar line of business.

The company acquired Speedy Muffler King’s 205 locations in the US. They also purchased Mr. Tire and Procare. There are also times when the company would only acquire store locations of other companies, instead of purchasing the whole company.

Due to their expansion, Monro Muffler Brake Inc. became the most reliable under-car specialist in the US. The company services millions of vehicles every year and has hit annual sales of over $700 million.

From a small franchise, Monro Muffler Brake has grown into a company with over 800 stores nationwide, employing over 5,800 people. They are listed in Forbes Magazines list of America’s best small companies. Monro Muffler Brake has its headquarters in Rochester, New York.