October 2019 - Page 4 of 5 - Automotive Buy Sell Report

U.K.’s TMS Motor Group acquires Volvo dealership from Sturgess Motor Group

Posted By: Alysha Webbon: October 14, 2019In: Transaction News

TMS Motor Group, a U.K. auto dealership group with stores in Coventry and Leicestershire, has acquired a Volvo franchise in Leicester from Sturgess Motor Group, which is facing financial dif... Read more

Randy Haron acquires Volvo dealership in central California

Posted By: Alysha Webbon: October 11, 2019In: Transaction News

Randy Haron, owner of Haron Jaguar Land Rover in Fresno, CA, has acquired the Volvo of Fresno auto dealership from John Harris and changed the name to Haron Volvo Cars Fresno. The dealership... Read more

When to walk away from a dealership real estate lease agreement

Posted By: James Mitchellon: October 09, 2019In: Contributors

By James Mitchell, Cushman & Wakefield A store you would like to buy is for sale, but the owner wants to keep the real estate. You have no choice but to lease. You will want to structure... Read more

Maximize your return by selling your distressed dealership

Posted By: Stuart McCallum and Jon Paul Davis, Henderson Hutchinson & McCullough PLLCon: October 09, 2019In: Contributors

By Stuart McCallum and Jon Paul Davis, Henderson Hutchinson & McCullough PLLC In a time of compressing gross profits on new and used vehicles, it is not uncommon for dealerships to exper... Read more

Real estate lease terms to avoid and maximizing your return when you sell

Posted By: Alysha Webbon: October 09, 2019In: Editors Corner

A variety of elements impact a dealership’s operations and therefore its valuation in a buy sell. We therefore carry columns on a wide range of topics. Occasionally a contributor writes abo... Read more

SoCal auto dealership agrees to pay $110,000 to settle hazardous waste violation

Posted By: Alysha Webbon: October 08, 2019In: Related News

Jim Vreeland Motors’ Ford dealership in Buellton, CA agreed to pay $110,000 to settle hazardous waste labeling and training violations, reports KSBY News. Share this articleLinkedinFac... Read more

Omaha-based private equity group City Ventures acquires Subaru auto dealership in California

Posted By: Alysha Webbon: October 07, 2019In: Transaction News

City Ventures, a private equity investment group based in Omaha, NE, has acquired Subaru of El Cajon near San Diego, CA from Jim Crowley. Performance Brokerage Services facilitated the deal... Read more

Autosaver Group in Vermont acquires Mazda and Volkswagen dealership

Posted By: Alysha Webbon: October 07, 2019In: Transaction News

The Autosaver Group of dealerships in Vermont has acquired Mazda and Volkswagen franchises in Montpelier, VT from the Walker family, reports The Barre Montpelier Times Argus. Share this arti... 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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