HGREG.COM ACQUIRES LARGEST NISSAN DEALERSHIP IN EASTERN U.S.

HGreg.com, one of the fastest growing automotive groups in North America, completes today its acquisition of the largest Nissan dealership in the eastern U.S. Now known as HGreg Nissan Kendall, the dealership is located at 17305 S Dixie Hwy, in Palmetto Bay, south-east of Kendall. With the important acquisition, HGreg.com expands its portfolio of Nissan dealerships to two in Florida, six continent-wide.

“Since opening our first location in South Florida in 2010, we’ve been building something very special in the region,” says John Hairabedian, president of HGreg.com. “We’ve set out to redefine the industry through a new customer experience that is built around convenience and choice, and it’s resonating with consumers.”

The dealership features a 71,500 square-foot building and 14.25-acre property and offers the latest and most technologically-advanced new and pre-owned vehicles. It also enjoys a direct pipeline to the large selection of pre-owned vehicles available through the growing HGreg.com network in South and Central Florida.

“We look forward to bringing to life our slogan of ‘Car buying, redefined’ to the Kendall area,” says Hairabedian. “We’ve built our business model to accommodate the customer journey, which also includes our website, 100,000 square-foot regional warehouse and concierge-like service for the millions of people who visit South Florida throughout the year. We invite anyone who doesn’t yet know us to pay us a visit to learn more. We’re open for business and ready to serve, from the trade-in phase to post-purchase servicing.”

The value of the transaction is estimated at $75 million including property, upgrades and facility improvements as well as inventory. HGreg Nissan Kendall currently employs close to 100 people and will be looking to recruit additional personnel over the next few months.

HGreg.com owns and operates a network of eight dealerships in the state that includes HGreg.com pre-owned dealerships in Doral, North Miami, Westpark (Broward), Orlando and West Palm Beach, a new car dealership, HGreg Nissan Delray, in Palm Beach County, and a boutique pre-owned luxury car dealership, HGreg Lux, located in Pompano. In Canada, under the HGregoire.com banner, the company oversees a network of 11 pre-owned and 10 new car dealerships.