Retail

One of the new breed -- from 0 to 24 stores in 1 year

February 02, 2015 05:00 AM
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RFJ Auto Partners
Financial investor: Jordan Co. President: Rick Ford Dealerships: 13 in Texas and Alabama; closing on 11 more Revenue: Estimated $500 million-plus in 2015 for current stores; $1 billion-plus for all 24 stores Annual sales: Estimated 25,000 new and used units at 13 stores; nearly 50,000 for all 24 stores

A year ago, Rick Ford was COO of another dealer's group. Today, with the backing of private equity investors, he's leading a new 13-store dealership group poised to nearly double in size.

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