Larry Morgan Auto Group: A Story of Success and Expansion
Larry Morgan Auto Group, a leading automotive powerhouse in Florida, has built an impressive empire that generates over $278 million annually. With over 5,400 employees and an average salary of $412,500, the group has become a major player in the industry.
Larry Morgan: The Catalyst of Success
Larry Morgan, the visionary entrepreneur behind the Morgan Auto Group, has been a driving force in the automotive world. As Chairman of Morgan Family Ventures, he has guided the group’s success and established it as a prominent player in Florida’s dealership landscape.
The Rise of Morgan Automotive Group
The group’s success can be attributed to a mix of business acumen, hard work, and a passion for cars. Morgan Auto Group started small, but through strategic acquisitions, it has expanded into a network of 62 dealerships.
Morgan’s Recent Expansion
Larry Morgan’s recent acquisition of several dealerships in Miami signals his plans for expansion beyond Florida. By acquiring Al Hendrickson Toyota for a record-breaking $42 million, the group has become the largest fish in the South Florida car pond.
The Future of Morgan Auto Group
As the automotive landscape evolves, Morgan Auto Group has the potential to continue its growth trajectory. Under the leadership of Larry and Brett Morgan, the group is poised to further solidify its position as a leading automotive dealership group.