Date published: July 28, 2021
With the acquisition, Sonic has three Volkswagen dealerships in its portfolio.
Sonic Automotive Inc. made its first franchised dealership acquisition in nearly seven years on Monday when it bought two Colorado dealerships.
Sonic bought Grand Junction Subaru and Grand Junction Volkswagen in Colorado from Ron Bubar. Bubar is retiring, according to Kerrigan Advisors, which represented him in the transaction. Sonic did not use a broker.
Click here to read the full article [may require a subscription].
Kerrigan Advisors is honored to work with auto retailers throughout the US to enhance the value of their enterprise. Learn more about our services below:
If you are a buyer in today’s market, Kerrigan Advisors welcomes the opportunity to learn about your acquisition criteria and include you in Kerrigan Advisors’ proprietary Buyer Database.
We welcome the chance to learn more about your acquisition criteria so that we can contact you in the event a client matches your investment profile.
Contact us to learn more about Kerrigan Advisors’ client services, or to have a conversation about the buy/sell market. All of our conversations are 100% confidential.