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Showing posts from November, 2018

Harley-Davidson Dealership Veteran Jeff Cheek Sells Seattle-Area Harley-Davidson Dealership to Michael Veracka (The Motorcycle Company)

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 deal negotiations and the big-le…

Growing Southwest Fort Worth, Texas, Dealership Sold; Family Ownership Retires A new era begins for Granbury Motorsports as Powersports Listings Mergers & Acquisitions helps Mitch and Maureen Milson sell to auto industry entrepreneurs Mike Kolb and Ben Lange.

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 (new and used) per year.  Mitch and Maureen Mil…