Powersports Listings M&A News

Powersports Listings Mergers & Acquisitions assists Jeff Cheek with the sale of his Renton, Washington, Harley-Davidson dealership location. The Motorcycle Company changes the name to JET CITY Harley-Davidson and soon will add the LIVE WIRE Electric motorcycle lineup. RENTON, Wash., November 14, 2018 (Newswire.com) -  Harley-Davidson dealership owner-operator veteran Jeff Cheek sought the help of Powersports Listings Mergers and Acquisitions (PLMA) to confidentially pursue the sale of his Renton, Washington, location as the result of a personal decision to streamline the coast-to-coast travel he had been undertaking for several years. Cheek and PLMA had successfully worked together on several dealership transactions over the last 10 years. PLMA, being in constant communication with active dealership groups, made the match one day while having a strategic discussion with Michael, Paul and Dave Veracka. Tom Macatee, CEO of PLMA, personally managed the d...

GRANBURY, Texas, November 12, 2018 (Newswire.com) -  Located approximately 35 miles southwest of Fort Worth, Texas, just off US Hwy 377, Granbury Motorsports began life as a single-line Kawasaki dealership many years ago, with Mitch and Maureen Milson taking possession in 1991 after a career in corporate positions. Their ownership brought new excitement into the dealership and it wasn’t long before a succession of additional lines were added to supplement the Kawasaki line, including Polaris, BRP and Yamaha.  Mitch and Maureen continued to conduct business the old-fashioned way, like bike shops in the early days, with a fun, low-pressure atmosphere, taking time to speak to a customer about the fun and practical sides of the products offered, even as revenue grew exponentially. The Milsons grew to a staff of 15 employees with an extensive selection of parts and accessories, an award-winning service department and sales of over 450 vehicles (...

GEORGETOWN, Texas, October 19, 2018 (Newswire.com) -  Central Texas Powersports (CTP) was organized by Steve Littlefield, an industry veteran of five decades, along with his wife Teresa. Steve grew up in Wichita Falls, Texas, and started his career washing dishes at a local BBQ restaurant. He became interested in motorcycles and purchased his first bike, a ‘66 Honda S90. When Steve was not in school or washing dishes, he was hanging out at the local Honda dealership begging for a job. In 1966, when he was just 16 years old, he was finally given the opportunity to take an ICT (Industrial Cooperative Training) class through his high school at a local Honda dealership to learn about the motorcycle mechanic trade. After graduation, he worked for another small dealership in the area from 1968-1981 as a motorcycle technician. In 1981, Steve opened his first motorcycle store, which offered parts and accessories along with service. The store continued to do business for...

BENSALEM, Pa., July 17, 2018 (Newswire.com) -  East Coast Cycle Center, Inc. (ECCC), was organized in 1971 and was owned and operated exclusively by Mr. Walter (Walt) J. Young. The business began operations in a 4000 sq. Ft. leased building at 1400 Street Road, Bensalem, PA, which Walt subsequently purchased, and then expanded through the years. Walt added additional product lines, and after obtaining a state inspection license, opened a new and larger state inspection service center. This period represented the foundation of the business, as Mr. Young continued to focus on customer service through the sales, servicing, and parts support of all lines of motorcycles.  As a result of a ramped up professional employee base through the seventies, ECCC outgrew its facilities and required a relocation. In 1979, after researching property in the area, Walt purchased a former post office not far from the original facility. After conceptualizing the design with a...

West Bend Harley-Davidson has been purchased and is now under new ownership as part of the Milwaukee Motorcycle Company (MMC).  Ozzie and Jill Giglio, the new owners, will keep the name West Bend Harley-Davidson until further notice. West Bend Harley-Davidson will remain at 2910 W Washington St in West Bend, Wisconsin.   West Bend Harley-Davidson was established in 1946. It is the second Harley-Davidson dealership acquired by the Milwaukee Motorcycle Company along with Milwaukee Harley-Davidson.  This Harley-Davidson dealership buy / sell transaction was exclusively managed by Powersports Listings M&A.

Powersports Listings Mergers & Acquisitions (PLMA), the professional Powersports Industry dealership brokerage, specializes in intermediary services to buyers and sellers of Harley-Davidson, Powersports, and RV dealerships. PLMA announces the closing of the sale, ownership transfer, and relocation of RPM HONDA to Freedom Powersports Farmers Branch. PRESS RELEASE     UPDATED: MAY 25, 2018 08:42 CDT DALLAS, May 25, 2018 (Newswire.com) -  What began as a 2007 acquisition of a single-line Triumph dealership in North Dallas, RPM CYCLE (RPM) has grown into a multi-line powersports destination, uniquely offering the gamut of brands including Triumph, Moto Guzzi, Aprilia, Motus, and formerly Honda. Recently relocated to an eye-catching and spacious 22,000 +/- sq. ft. facility, RPM operates along the frontage road of heavily traveled I-35E, just north of the I-635 loop in North West DFW. Alejandro Romero, RPM owner, as a strategic business o...

Powersports Listings M&A Manages Sale of Rommel Harley-Davidson of Scranton, Pennsylvania for the Rommel Harley-Davidson Group | Newswire

PRESS RELEASE     UPDATED: JAN 11, 2018 05:00 CST RICHARDSON, Texas, January 11, 2018 (Newswire.com) -  ​Richardson Motorsports (RMS) has been serving the Dallas-Ft. Worth Metroplex powersports community since 1987. Conveniently located directly along busy US Hwy 75 (Central Expressway), the dealership offers the full line-up of powersports vehicles representing three of the top manufacturers in the industry – Yamaha, BRP and Polaris from a spacious and eye-catching 12,000 sf showroom, with an additional 11,000 sf storage warehouse. Jerry Kwiecien, RMS owner of nearly 20 years, made the decision to retire and contacted Jerry Szopinski of Powersports Listings M&A to explore the potential sale. With the competitive landscape of the greater Dallas, Texas powersports market, Kwiecien required a confidential marketing campaign that would reach beyond the pool of other area powersports dealers for qualified purchasers. David Clay, PLMA's Chief Information Of...