The parties did not disclose the scale of investment in buying or converting the location, which had open service bays under Mr. Martinez’s ownership.
BBAC Group, consisting of Big O franchisees Mike Pryor, Mitch Beranek, Keith Blake and Mr. Koldenhoven, also operates 11 locations in Colorado. Mr. Koldenhoven, Big O’s “Point of Light” award winner earlier this year and Big O’s IFA franchisee of the year in 2014, has been a Big O franchisee for over 28 years.
The converted store is in east Albuquerque on Juan Tabo Boulevard NE, situated next door to a Midas/Speedee location and two doors down from a Discount Tire store.
“It is exciting to see longtime franchisees like the BBAC Group expand the Big O brand,” said Kevin Kormondy, executive vice president and COO of Big O Tires.
“We have a great organization with a solid foundation and are committed to working closely with our franchisees to provide great products and services to our customers.”
The new location is the third Big O Tires store in Albuquerque and 13th in New Mexico.
