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Showing posts from February, 2020

South Carolina's Largest Powersports Dealership Gets New Ownership

Powersports Listings M&A rolls into 2020, showing that young entrepreneurs are in the market for Powersports / Motorcycle dealership acquisitions PRESS RELEASE     UPDATED: FEB 24, 2020 04:00 CST MYRTLE BEACH, S.C., February 24, 2020 (Newswire.com) - ​​​​​​​​Redline Powersports  of Myrtle Beach, South Carolina is now under new ownership.​ Jonathan Waters (Buyer and new owner) is a self-described entrepreneur and businessman to the core.  This is evidenced by his creation of his own motor vehicle fix and flip operation at 16 years of age.  His adult working experience includes Quality Control Management at Briggs and Stratton; Finance Management, Sales Management and General Management roles across retail dealership brands including Honda, Yamaha, Kawasaki, Polaris, Suzuki, Chrysler, Jeep, Dodge Ram, and most recently Toyota. His entrepreneurial knack for fix and flip graduated into residential real estate outside of normal business hours.  Jonathan purchased the 51,500 s

Top Michigan Honda Powersports Dealership Gets New Ownership

Powersports Listings M&A rolls into 2020 showing that young entrepreneurs are in the market for Powersports / Motorcycle dealership acquisitions PRESS RELEASE     UPDATED: FEB 5, 2020 MONROE, Mich., February 5, 2020 (Newswire.com) -  John Carr, a lifelong Monroe, Michigan, resident and avid powersports enthusiast began  Trojan Powersports  in 2010 by adding the full range of Honda vehicles (Motorcycles, ATVs, UTVs, and Scooters) to his thriving used powersports vehicle dealership. Within a few short years, John grew Trojan Powersports into a top Michigan Honda powersports dealership, selling over 500 vehicles per year.   After a decade of the fast-paced world as a Honda powersports dealership owner, John decided to explore the possibility of selling his business to spend more time with his family. John Carr was familiar with the  Powersports Listings M&A  (PLMA) firm, having sold other powersports dealerships in his market area over the past many years, and contacted