BUYER: Venice-based C&B Motors Inc. (P. Compton Cramer Jr. and Richard Bond are the principals). Suncoast Imports LLC, the seller Property: Venice’s S. US 41 Bypass, 955 and 985 $10 million in price $1.25 million in November 2006 and $1.59 million in October 2005 were the previous prices. Orlando-based law firm: Shutts & Bowen LLP DESCRIPTION OF PLANS: Compton Cramer and Richard Bond of C&B Motors Inc. paid $10 million for the Venice Honda dealership and service facility on US 41 Bypass, which is situated next to their Cramer Toyota of Venice business. Both dealerships will likely be under Bond’s supervision. Cramer Honda of Venice will be the new name of the 40-person Honda business.
Former owner of the stores, Jay Rosario, CEO of Rosario Automotive in Clermont, bought the 8,240-square-foot Superior Heating-Cooling building in November 2006 for $1.25 million after purchasing the 3.9 acres of land on Venice Isles for $1.59 million in 2005. Early in 2008, the Venice Honda dealership opened.
The Honda dealership property was mortgaged by C&B Motors Inc. to Bank of America for $8 million.
In This Article...
Who is Sarasota Toyota’s owner?
The Peterson Automotive Collection purchased Toyota of Sarasota in 2017. The Louisville, Kentucky-based company and its proprietor, David Peterson, are opening their first Florida store and Toyota franchise, respectively.
Who is Wesley Chapel Toyota’s owner?
Lithia Motors Inc., a national auto dealer, is expanding into the Tampa Bay market by paying around $40 million for three local dealerships.
Wesley Chapel Toyota, Wesley Chapel Honda, and Tampa Honda, located on N Florida Avenue in Tampa, were all acquired by Lithia, a Medford, Oregon-based company, from the Williams Automotive Group in transactions that were completed earlier this month.
Public records show that Lithia paid more than $28.5 million for the Pasco County businesses and three properties totaling 21.2 acres, as well as $10.7 million for the Tampa Honda property.
“Bryan DeBoer, president and chief executive officer of Lithia Motors Inc., stated in a statement that the company is thrilled to increase its presence in Florida and position Lithia for continued expansion in this important geographic area. “With the help of this new relationship, we can now reach nine out of ten consumers nationwide, continuing our modernisation plan.
Lithia has 185 locations nationwide and plans to grow in the Southeast. The business estimates that the three outlets in the Tampa Bay area will bring in $325 million in revenue yearly.
The company’s website states that Walt DeBoer established Lithia Motors in 1946 in Ashland, Oregon, as a Chrysler-Plymouth-Dodge dealership. Later, his son Sid and a partner expanded the company in southern Oregon to five locations and 19 franchises. The group of dealerships changed their name to Lithia Motors, Inc. in 1996, and the business started trading on the New York Stock Exchange under the ticker LAD.
In 2000, Southeast Automotive Group became Williams Automotive Group. Wesley Chapel Toyota is next to the company’s Lexus of Wesley Chapel dealership, which is still under its control.
Gettel is a who?
“Two Gun” Allen Jones Gettel, a professional baseball pitcher with the New York Yankees, Cleveland Indians, Chicago White Sox, Washington Senators, New York Giants, and St. Louis Browns, was born in the United States on September 17, 1917.
What American Toyota dealer is the biggest?
Since 1967, Longo Toyota has been the highest volume Toyota dealership in the United States.
Longo is also the biggest Toyota dealership in the world, with a campus that spans more than 50 acres in El Monte. We pledge to provide the finest experience for visitors throughout each and every encounter, every day.
We make buying a car simple. We help you save time and money by having the largest selection of Toyota vehicles in the nation. Inability to visit our El Monte site Not to worry Without further cost to you, we will deliver your car.
Our Collision Repair Center is one of only five body shops in California with dual Toyota and Lexus certifications, and our service and parts departments are available seven days a week.
Over 130 Toyota honors and medals have been bestowed upon Longo, including the coveted President’s Cabinet Award and President’s Award for outstanding performance in sales, service, and guest satisfaction.
Who in the US owns the most Toyota dealerships?
The North American Toyota sales, marketing, and distribution subsidiary focused on the US market is Toyota Motor Sales, USA, Inc. (TMS, commonly referred to as Toyota USA). TMS was established in California in 1957 and now employs over 6,500 people. Toyota relocated to a new campus in Plano, Texas, in the spring of 2017. The building of this new facility, which is situated next to the world headquarters of J. C. Penney and the FedEx Office and at the intersection of Texas State Highway 121 and Legacy Drive, began construction in the fall of 2014[1]. Toyota’s old headquarters, which oversaw 14 regional offices, located in Torrance, California.
Through a network of more than 1,200 Toyota dealers (of which more than 900 had formerly sold Scion automobiles), and more than 200 Lexus dealers, TMS manages the sales of Toyota and Lexus products in 49 states. With 172 dealerships, California has the most Toyota dealerships of any other state. Servco Pacific distributes Toyota automobiles in Hawaii. TMS creates Toyota’s television ads and other materials for use across the country, and it also manages dealer marketing to make sure that dealers project a consistent image. Through 12 parts centers and 5 vehicle centers, TMS also oversees regional distribution. TMS’s president is James E. Lentz III. [2] [3]
What dealership has the largest global footprint?
The largest vehicle dealer in the world is, if you’ve ever wondered, this one: It’s a Longo Toyota dealership in El Monte, California (near Los Angeles), and it’s genuinely, improbably, outrageously large. How large? It can only be captured in decent detail from the air.
Toyota of Irving’s owner?
The dealership was founded 45 years ago by 85-year-old Vernon Schoemaker. David, his son who has been employed there since he was 14, took over as owner early this year. Jereme, David’s son, started his general manager training at Toyota in January.
Gettel Toyota Bradenton’s owner?
According to Jim Gettel, head of the Gettel Automotive Group, W. is next up for an overhaul. For a dealership operating out of premises that are 25 years old, Gettel Toyota of Bradenton got the Toyota President’s Award for sales value and customer service in 2019.
Who is Sun Toyota’s owner?
Late Tuesday afternoon, the Morgan Auto Group declared that it had purchased the 3001 U.S. 19 dealership from Jeff Cadwell and Dwane Johansen. The name Sun will remain the same, but there will be some changes at the dealership that customers will notice.
John Marazzi has been appointed managing partner and will be in charge of both Morgan Auto Group’s Brandon Honda and Holiday’s operations. Marazzi has spent close to 30 years working in the Florida automotive business.
How far is Tampa Bay from Tampa, Florida?
At Tampa International Airport in Tampa, Florida, your journey gets underway. It concludes in Tampa, Florida.
Using current gas prices, you can estimate how much it will cost to drive from TPA to Tampa Bay.
You might be curious to locate the city that is midway between TPA and Tampa Bay if you’re meeting a friend.