John Smith, Jr. Acquires Acura Volvo of Athens, Georgia
February 3, 2021
We are pleased to announce the sale of Acura of Athens and Volvo of Athens, Georgia from Charles Middleton to John Smith, Jr.
Acura of Athens and Volvo of Athens were purchased by Charles Middleton in 1996 and quickly became well-known hometown dealerships that were run by Middleton’s family serving Northeast Georgia. They have had a dedicated sales staff and top-rated technicians, and their commitment to service is shown by the support of the returning customers. The dealership has been active in the community by doing various food drives benefiting local food pantries. The dealership recently participated in the local Christmas parade where the staff dressed up as Clark Griswold’s family, which helped bring a little extra smile to a challenging year for all.
Over the last 5 years, Performance Brokerage Services has represented for sale over 200 automotive dealerships making it the highest volume automotive dealership brokerage firm in North America. George C. Chaconas, the exclusive advisor for the buyer in this transaction and the Southeast Partner for Performance Brokerage Services commented, “John Smith, Jr. is an amazing man and car dealer. I genuinely enjoyed helping him acquire Acura and Volvo of Athens in Georgia where he graduated college. I am sure he will contribute to the community and be highly successful. I wish John and his team good luck!”
John Smith, Jr. began his career in the automotive business at a young age. The Smith Auto Group has been around since 1938, which means they have learned a lot about how to provide the utmost in customer satisfaction. Smith commented, “The car business is all about relationships and I have developed a great one with George Chaconas of Performance Brokerage Services. I genuinely enjoy working with him. I hired George to identify buying opportunities and he introduced me to Acura and Volvo of Athens in Georgia. It was a perfect fit as I graduated from the University of Georgia. If you are in the market to buy or sell a car dealership, call George Chaconas!”
The dealership will remain at its current location at 2890 Atlanta Highway in Athens, Georgia 30606.
The buyer was represented by Logan Parker of Bass Sox Mercer.