Stephen and Charlie Gilchrist of Gilchrist Car in Hudson Oaks, Texas, purchased 4 dealerships in 3 transactions this past, together with the crowd’s first Honda collect.
The primary acquire concerned Legend Pushed Buick-GMC and Legend Pushed Honda, each in Lawton, Okla., within the southern a part of the shape. Gilchrist Car purchased the 2 shops Jan. 26 from Tim Allred of Rocky Mountain Yeti Car Staff and renamed them SouthWest Buick-GMC and SouthWest Honda.
In September, Gilchrist Car bought a Toyota collect in Lawton, which made the area horny for this acquisition, co-owner Stephen Gilchrist instructed Car Information.
“It makes sense to cluster stores in towns,” Stephen Gilchrist mentioned.
Gilchrist Car additionally bought Legend Pushed Mazda in Lawton, now SouthWest Mazda, from Allred in a offer that closed April 11.
Renovations are underway on the Buick-GMC and Honda shops to evolve to emblem imaging tips, Stephen Gilchrist mentioned.
Gilchrist Car is also integrating a few of its workforce into the dealerships, with the objective of optimizing efficiency.
“Typically, we don’t buy stores that are performing well,” Stephen Gilchrist mentioned. “We have to figure out what we have there and what we need to bring in or upgrade.”
Additionally in January, Gilchrist Car purchased Stanley Ford Pilot Level, north of Dallas, from Stanley Auto Staff. Hicks Control & Consulting Inc., a buy-sell company in Arlington, Texas, facilitated the Jan. 31 transaction.