Tuesday, October 02, 2007
HR Owen snaps up Ferrari and Maserati dealership
HR Owen, the luxury car dealer group, has acquired a Ferrari and Maserati dealership in Hertfordshire from Inchcape.
The St. Albans site has been snapped up for £320,000, which includes £250,000 for goodwill.
Last year the dealership generated £400,000 in pre-tax profit and has gross assets of £710,000.
DATED: 02.10.07
FEED: MT