What is Fred's Tire & Battery?
Fred's Tire & Battery operates as a comprehensive auto repair and tire shop based in Shawnee, Oklahoma. The company offers a diverse selection of tires from prominent manufacturers such as Bridgestone and Firestone, catering to a broad spectrum of vehicles including cars, trucks, and SUVs. Beyond tire sales, Fred's Tire & Battery provides essential automotive services, encompassing brake repairs, oil changes, and a 24-hour roadside assistance program. Serving both individual consumers and commercial entities, the business maintains two accessible locations with a commitment to delivering cost-effective and dependable service to customers within Shawnee and its surrounding regions. Their team of seasoned professionals is dedicated to ensuring vehicle roadworthiness and safety.
How much funding has Fred's Tire & Battery raised?
Fred's Tire & Battery has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Fred's Tire & Battery?
The recent major strategic investment into Fred's Tire & Battery, occurring within the context of large-scale late-stage funding, suggests a strategic push for expansion or operational enhancement. This capital infusion is likely to fuel initiatives aimed at scaling operations, potentially through the opening of new service centers, upgrading existing facilities, or expanding their service portfolio. The company's focus on both retail tire sales and essential auto repair services, coupled with a commitment to customer service and affordability, positions it for continued growth in the competitive automotive aftermarket sector. Future developments may include enhanced digital service offerings or strategic partnerships to broaden their market reach.
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