Metro Toyota sold to Michigan-based company
Metro Toyota at 13775 Brookpark Road in Brook Park was sold to Michigan-based Victory Automotive Group on March 18, according to a news release. The dealership will be renamed Victory Toyota of Brook Park.
Metro Toyota, a 70,000 square-foot dealership, was owned by Jerry Schneider, his sons, Ken and Dan Schneider, and Barry and Jim Greenfield, sons of the late Dick Greenfield, the release said. The dealership includes an attached service center and a used car showroom, which is next door at 13813 Brookpark Road.
We appreciate the loyalty of our customers over the last 55 years, and we look forward to Victory Automotive Group continuing to provide our customers with excellent service and community support.
Jerry and Dick opened the shop in 1969 and their sons joined the dealership in 1987. Throughout their years at the dealership, the families worked with community organizations, such as the Rainbow Babies & Children’s Foundation and March of Dimes, and were a 20-year recipient of Toyota’s President Award, the release said.
Victory Automotive Group, headquartered in Canton, Mich., was started over 25 years ago by Jeffery Cappo. His sons, Eric and Michael Cappo, are now involved with the business.
The group owns over 50 locations in 11 states: Ohio, California, Florida, Illinois, Indiana, Massachusetts, Michigan, North Carolina, Tennessee, Texas and West Virginia, the release said.
The sale was brokered by Steve Corle, director of the Plains region for the Tim Lamb Group, which is headquartered in Columbus, and is considered to be the largest auto dealership sales and acquisitions firm in North America, according to the release.
Corle represented both parties in the transaction that was completed quickly and without hesitation, the release stated.
Ken Schneider made quick decisions that kept the process moving forward and the Victory Automotive Group helped make the process easy from the moment they were presented with the deal.
Originally published by Cleveland Jewish News