Sullivan Tire plans to move into Yudy’s, the Damariscotta auto repair and tire center, in the coming weeks, a Sullivan Tire representative confirmed Oct. 4.
The business will probably be closed Monday, Oct. 15 and reopen the following day as Sullivan Tire, Mark Gillard, a Sullivan Tire spokesman, said.
Roy Donlon, of the Sullivan Tire real estate office, said the company would lease the Yudy’s building and property and purchase Yudy’s equipment. He said the companies would finalize the deal the week of Oct. 15.
Donlon described the transaction as an “asset purchase” and compared it to Sullivan Tire’s takeover of a Yudy’s in Portsmouth, N.H. some years ago.
Gillard, the Sullivan Tire spokesman, said the company has made employment offers to Yudy’s employees. He did not know how many employees Yudy’s has or how many have accepted the offers.
Sullivan Tire plans to focus on maintaining service for the business’ customers, but will likely clean up and make improvements to the property in the near future, Gillard said. The company will eventually host a grand opening, too.
A Yudy’s employee referred press inquiries to owner Robert Davis, who did not return a message.
Sullivan Tire operates 59 retail locations and 15 commercial truck tire centers throughout Connecticut, Maine, Massachusetts, New Hampshire and Rhode Island.
“Sullivan Tire is a locally-owned, family business started by Robert J. Sullivan in 1955,” according to a company press release.
The Sullivan family continues to own and operate the company, Gillard said.