October 2014 - Page 3 of 6 - Automotive Buy Sell Report

Virginia’s Hyman Bros. acquiring three Pence Automotive dealerships

Posted By: Roberta Cuffinon: October 21, 2014In: Transaction News

The deal, which is expected to be completed early November, will include Nissan, Kia and Subaru in Chesterfield County. http://www.timesdispatch.com/business/auto/hyman-bros-buying-th... Read more

Capital Automotive acquires real estate of Canada’s Phaeton Auto Group

Posted By: Alysha Webbon: October 21, 2014In: Transaction News

Capital Automotive Real Estate Services Inc., the McLean, Va.-based company that buys dealership real estate and leases it back, bought the real estate of London, Ontario, Canada’s Pha... Read more

AutoCanada acquires Dodge Chrysler dealership in Toronto

Posted By: Roberta Cuffinon: October 21, 2014In: Transaction News

AutoCanada Inc. has announced Chrysler Canada’s approval of its acquisition of Toronto Dodge Chrysler Ltd. This acquisition was expected to close October 20, 2014. http://www.ne... Read more

Jeff Wyler Automotive acquires Cincinnati’s Kings Nissan

Posted By: Roberta Cuffinon: October 20, 2014In: Transaction News

With the recent acquisition of Kings Nissan, Jeff Wyler Automotive will now own three Nissan dealerships in Cincinnati, Ohio. In 2013, Automotive News listed the group as the 53rd largest au... Read more

Jim Olson Motors acquires Ford dealership in Sturgeon Bay

Posted By: Roberta Cuffinon: October 16, 2014In: Transaction News

Witt Ford of Sturgeon Bay, Wisconsin has recently been sold to Jim Olson Motors. Olson already owns GM and Chrysler dealerships in the city. http://www.wdor.com/news/news-ticker/jim-o... Read more

Not death and taxes but still issues that many dealers must face

Posted By: Alysha Webbon: October 15, 2014In: Contributors

Alysha Webb, Editor and Publisher Succession and real estate valuation. Not quite as inevitable as death and taxes, but issues many dealers will face in their lifetime. This issue looks at... Read more

A hot auto sales market and the value of dealership real estate

Posted By: Brad Carteron: October 15, 2014In: Contributors

By Brad Carter, MAI, CRE, CCIM, Greystone Valuation Services In one dealership appraisal I worked on, the real estate was under contract at a given price and the business was being sold at a... Read more

Succession planning requires commitment and like any commitment it’s complicated

Posted By: Roberta Cuffinon: October 15, 2014In: Contributors

By Don E Ray, Portfolio Reinsurance Years ago (more than I want to recall) I was in a tax class lead by Samuel Dyckman of The City University of New York. Don’t stop reading. Th... Read more

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JAMOC LLC acquires Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Ford Lincoln dealership in California

Moving beyond “Good Enough” business performance

What justifies massive multiples for luxury auto dealerships?

The Park Place Dealerships sale may herald changes in buy sell market, says The Presidio Group

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