Morgan Car Team, some of the biggest dealership teams within the nation, persevered its speedy past of acquisitions with the acquisition of 4 dealerships in Florida in March and April, chairman Larry Morgan showed.
Morgan Car, of Tampa, Fla., on March 15 bought Kendall Hyundai-Genesis in Miami from Potamkin Car Team Inc., Morgan advised Car Information. The identify remainder.
The acquisition represents the gang’s first foray into Miami, Morgan mentioned. Making plans has begun for renovations that may come with a bigger showroom and extra provider bays, he added.
Following the Miami acquisition, on April 27, Morgan Car purchased two dealerships in Leesburg and one in Fruitland Soil from Invoice Bryan of Invoice Bryan Car Team. Bryan, a pal of Morgan’s, had unidentified companions available for purchase, Morgan mentioned.
The 3 dealerships are close The Villages, Central Florida’s sprawling master-planned family for lively citizens 55 and used.
“They don’t allow any car dealerships in The Villages per se,” Morgan mentioned. “But we’re right on the outskirts.”
The previous Invoice Bryan Kia and Invoice Bryan Subaru, renamed Kia of Leesburg and Villages Subaru, are in Leesburg. Invoice Bryan Chrysler-Dodge-Jeep, which additionally bought Ram, in Fruitland Soil, is now named Chrysler-Dodge-Jeep-Ram of Leesburg.