Dealerships sell in Florida, Texas and Massachusetts

Two teams expanded with fourth-quarter and 1st-quarter dealership acquisitions, though a father-and-son duo purchased a solitary retail store in the fourth quarter.

Here is a seem at the promotions involving domestic and import brand names and dealerships in Florida, Texas and Massachusetts.

Butler Automotive Team of Macon, Ga., purchased a Toyota dealership in Jacksonville, Fla., in late 2021, as the team expanded to northern Florida.

The team purchased Ernie Palmer Toyota on Dec. six from vendor Ernie Palmer Inc., stated Nicole Beck, Butler Automotive’s promoting director.

“We are psyched to insert a different Toyota dealership and broaden into the north Florida marketplace,” Marsh Butler Jr., co-president of Butler Automotive, stated in a assertion. “We seem ahead to integrating into the Jacksonville neighborhood and demonstrating our prospects how distinctive it is to do organization with a relatives-owned and operated dealership.”

The retail store was renamed Butler Toyota Jacksonville and the business stated it retained the dealership’s 97 workforce.

Ernie Palmer Inc. was led by president Keith Palmer, according to a Dec. 6 Jacksonville Daily Record story.

Butler Jax Acquisition LLC paid out $13.49 million for the dealership’s home, according to a Dec. 10 Jacksonville Daily Record story.

The Palmer relatives also has dealerships in Cellular, Ala.: Palmer’s Toyota Superstore and Palmer’s Airport Hyundai, in accordance to the newspaper.

Butler Automotive, which also is led by Co-President Morris Butler, also has dealerships in Ga and South Carolina, according to its website.

Gilchrist Automotive of Hudson Oaks, Texas, this thirty day period extra two domestic-branded dealerships in Gatesville, Texas, in the central element of the point out.

Gilchrist on Feb. 17 purchased Stanley Chevrolet-Buick-GMC and Stanley Chrysler-Dodge-Jeep-Ram Gatesville from Stanley Vehicle Team, Stephen Gilchrist, the firm’s supplier operator stated.

The dealerships have been renamed Spur Chevrolet-Buick-GMC and Spur Chrysler-Dodge-Jeep-Ram. Gatesville, which is west of Waco, is identified as the Spur Funds of Texas.

The acquisitions abide by Gilchrist’s August purchase of Texstar Ford-Lincoln in Stephenville, Texas, and its January 2021 purchase of a Chevrolet retail store and Chrysler-Dodge-Jeep-Ram dealership in Ennis, Texas.

Gilchrist has 13 franchised dealership rooftops, according to its website. It ranks No. 108 on Automotive Information‘ most the latest listing of the major 150 dealership teams based mostly in the U.S., retailing eight,530 new motor vehicles in 2020.

Hicks Administration &amp Consulting Team Inc., of Arlington, Texas, dealt with the transaction.

Mark Rountree and husband or wife and father Bob Rountree obtained a Hyundai dealership in Massachusetts, marking their return to New England dealership possession.

The Rountrees purchased Hyundai of Plymouth on Oct. 26 from Charles Tufankjian and are returning to the spot wherever Mark Rountree, supplier principal, grew up.

Mark Rountree informed Automotive Information that a minimal renovation is just about completed at the retail store and he ideas to create a new facility for the dealership in two a long time.

The Tufankjian relatives however owns Toyota of Braintree and Tufankjian Honda of Plymouth in Massachusetts, Rountree stated.

The Rountree relatives owned many dealerships in Vermont and New Hampshire from 1994 until eventually 2017, Rountree stated.

Rountree stated that in January 2020, he purchased a tiny Chevrolet dealership in Creedmoor, N.C. But when he could not shift the dealership, he stated he opted to promote it in November 2020 to Kristin Dillard of Staff Vehicle Team.

Rountree stated he labored with broker Gordon Wisbach Jr. of GW Internet marketing Solutions in Newton Centre, Mass., on the Hyundai dealership offer.

“It really is a homecoming for us,” Rountree stated. “I contemplate myself from the spot, so that was a important attraction.”

The post Dealerships sell in Florida, Texas and Massachusetts appeared first on Cars News Mag.


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