Three dealership groups, former general manager buy dealerships in December

Just after paying out the past 10 years as a dealership basic supervisor, Vikas Mehandroo has ordered his initially dealership: a Ford retail outlet in Poway, Calif., north of San Diego.

Mehandroo on Dec. 6 purchased Perry Ford of Poway from Perry Automotive Group. The retail outlet was renamed Aaron Ford of Poway, following Mehandroo’s son.

The Perry Automotive Group had owned the dealership due to the fact 1996, according to Efficiency Brokerage Services, a buy-offer company in Irvine, Calif., that taken care of the transaction.

The Perry team, owned by Perry Falk and Deborah Falk, run quite a few other dealerships in Southern California.

Mehandroo stated he arrived to the U.S. from India in his 20s.

“I’ve been in the company for 20-as well as years and in February of this 12 months, I decided I needed to be a supplier principal,” he advised Automotive Information, including that he was looking for a domestic-manufacturer retail outlet.

He stated the Ford dealership in Poway was beautiful because it is a “newer facility” and “in a excellent neighborhood.”

Mehandroo now has enlargement programs. He stated he is slated to buy a Stellantis dealership in January.