Skip to main content

Posts

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 ho...

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 o...

Yamaha, Polaris, KTM Dealership in Wenatchee, Washington Gets New Ownership

Powersports Listings M&A announces the purchase of Wenatchee Powersports by Brandon Montgomery of Cle Elum, Washington Motorcycle enthusiast and Seattle area public relations and marketing executive Melanie Wilhoite purchased the Wenatchee Yamaha, Polaris, and KTM dealership in 2014 and it became one of the few woman-owned power-machine dealerships in the Northwest. Melanie believes in creating a great retail experience and this philosophy paid off with steady performance and annualized sales growth of over 15% from the year of acquisition. Having gone through a dealership purchase on the buyer side, Melanie had a firm understanding of the multi-faceted and time-consuming journey ahead upon the decision to pursue her dealership sale. Understanding the great deal of coordination that would be involved between buyer, seller, legal counsel, OEMs and flooring companies, Melanie made the decision to contract with Powersports Listings M&A (PLMA) to be assured that her broker wa...

Powersports Listings Mergers & Acquisitions Attracts Successful Private & Venture Equity Executive & Entrepreneur for the Asset Acquisition of CHESTER'S GRAND TETON HARLEY-DAVIDSON of Idaho Falls, Idaho

IDAHO FALLS, Idaho, October 8, 2019 -  CHESTER'S GRAND TETON HARLEY-DAVIDSON  consists of a main Harley-Davidson dealer location in Idaho Falls, Idaho with secondary retail locations in Jackson, WY and Pocatello, ID under the names JACKSON HOLE HARLEY-DAVIDSON and EAGLE ROCK HARLEY-DAVIDSON respectively. Jerry Szopinski,  Powersports Listings Mergers & Acquisitions (PLMA)  - President of Sales & Networking, established a sturdy relationship with the ownership group of the Chester's H-D dealerships beginning in 2009, and all the while consulting with them around buy-sell opportunities that might be interesting to this multi-unit Harley-Davidson dealership enterprise. The owners contracted with PLMA when it came time to move from buying mode to selling mode after 15+ years of successful ownership at the Grand Teton Harley-Davidson locations in Idaho Falls, ID; Jackson, WY; and Pocatello, ID. ​Through many weeks of confide...

Powersports Listings M&A Announces the Sale of Fun Bike Center - Flagship Powersports Dealership in San Diego, California

SAN DIEGO, August 6, 2019 (Newswire.com) -  ​​​​​​​​​​​​​​​​​Fun Bike Center (FBC) has been owned and operated by the Roundy family since 1972. Darrow Roundy preceded his son and current exiting owner, Gary Roundy, who fully took over the reins in 2007 as the dealer principal. The dealership houses the leading powersports brands of Honda, Yamaha, Kawasaki, BRP, Suzuki, and Textron Off Road from its 60,000 sq. ft. facility in Northern San Diego. After decades of successful operations, Gary's decision to retire came around.  Upon this decision, he reached out to Jerry Szopinski, President of Sales & Networking of Powersports Listings M&A, as the result of recommendations from several industry associates. The Powersports Listings team identified and worked with dozens of interested parties for the physically attractive and profitable enterprise known as Fun Bike Center. As interest was evaluated, Szopi...

Kansas City Suburb Honda - Kawasaki Dealership in Business Since 1959 Changes Ownership with the help of Mike Pate, Managing Director, Powersports Listings M&A

BLUE SPRINGS, Mo., January 31, 2019 (Newswire.com) -  In business since 1959, Dell's Powersports (Honda, Kawasaki, Honda Power Equipment) now operates from a spacious and modern leased facility of 11,400 sq. ft., with excellent visibility and roadway frontage in Blue Springs, MO approximately 20 miles southeast of Kansas City, MO.   Dell’s Powersports operated for many years as a single line Honda dealership, the Kawasaki brand of motorcycles, ATV’s and UTV’s was added to the line-up in 2010, along with an increased offering of certified pre-owned motorcycles of all makes and models at best value prices. Owner, Mark Riggin called  Mike Pate, Managing Director of Powersports Listings M&A  after hearing about one of his other recent dealership sales in the region and he confidentially relayed his desire to sell the dealership and retire. Shortly thereafter, Mike visited the dealership to meet with Mark in person and a sales engage...

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 d...