LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in New York, Including the Associated Real Estate, Generating Approximately $80 Million in Annualized Revenue and $2.6 Million in Adjusted EBITDA
Expected to add approximately $2.6 million in adjusted EBITDA or $0.26 per share in 2022.
- Expected to add approximately $2.6 million in adjusted EBITDA or $0.26 per share in 2022.
- Richard Aldahan, LMPs Chief Operating Officer, stated, This acquisition will further expand our management team and Northeast footprint.
- We intend to continue expanding aggressively in this region as we are seeing a record amount of interest in our dealer partner model.
- You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date.