Love said, “We are very pleased to be able acquire these very well-run dealerships.” The dealerships have great teams of people and are in new state-of-the-art buildings. This expansion will allow us to build on our success in serving customers’ auto needs, continue to invest in the region, and grow our position in the GM products we represent.”
The Bob Johnson Auto Group currently employs 750 people including nearly 200 employees from this acquisition. Love says he expects to increase his workforce by 10% in 2019.
The combination of Bob Johnson GM in Leroy and the newly acquired Buick GMC will make Bob Johnson Buick GMC the largest Buick GMC presence in the Greater Rochester area. Combined auto sales in 2017 for the two GMC dealerships was 1169.
The new Websmart Chevrolet is expected to grow its annual sales to over 2000 new and used vehicles within just 12 months.
“The auto market is vibrant,” added Love. “We’re seeing a lot of consumer confidence, and both new and used vehicle sales are brisk. Over the next few months we will be introducing new options and customer experience features at our Websmart locations.”
The acquisition talks have been in the works for almost a year. Terms are being not disclosed.
Revenues exceeded $500 million in 2017. The group has been recognized in every Rochester Chamber Top l00 list since the ranking was launched.