“Within mere weeks, I was negotiating with multiple qualified buyers, and days later I had two contracts on the table at my full asking price,” Cafiero said in a statement, adding that factory approval was given in “record time,” followed one week later by the sale’s closing.
Find out more about GreatSchools ratings. 1.ĭean Cafiero, the owner of Car Vision Group, said he has never heard of anyone “getting a franchise from listing to closing in such a short time.” The transaction closed on June 26, according to Weitzman. These are some of the top-rated public schools in Montgomery Township School District based on a variety of measures, including academic performance and equity. The Montgomery Township School District is a comprehensive public school district that. Temporary operations of the dealership are expected to begin Sept. The buyer will rebrand the franchise as Montgomeryville Mitsubishi and relocate it to a new construction facility in Montgomeryville. Financial terms of the agreement were not disclosed. The Mitsubishi franchise has been purchased by 309 MM Inc., in a sale arranged by Rich Weitzman, senior vice president with Colliers, a professional services and investment management company. With the completion of the sale, Car Vision will continue to operate its “superstore” used car operations at 2626 Ridge Pike in Lower Providence Township, according to a press release. Car Vision’s Mitsubishi franchise changed hands - a transaction that was completed in about 100 days.
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