Sutherlin group buys Lexus-Toyota car dealership, sells 3 stores

The purchase follows Sutherlin Automotive’s September acquisition of a Tennessee Subaru dealership.

Meanwhile, the Sutherlin group sold three dealerships over a two-week span in April.

The group on April 17 sold Sutherlin Nissan Cherokee County in Holly Springs, Ga., north of Atlanta, to father-and-son Mike Perrin and Chuck Perrin, Sutherlin said.

The dealership was renamed Cherokee County Nissan, he said.

Mike Sims, president of Pinnacle Mergers & Acquisitions, a Frisco, Texas, buy-sell firm, along with Wes Hamilton, executive vice president, represented Sutherlin in the Nissan dealership transaction.

On April 27, Sutherlin Automotive sold Sutherlin Nissan Mall of Georgia in Buford, northeast of Atlanta, to Steve Rayman, Sutherlin said. The dealership was renamed Steve Rayman Nissan Mall of Georgia.

Sutherlin pointed to the high concentration of Nissan dealerships in the Atlanta market as a reason for selling the two stores.

“Just less margins, more competition,” Sutherlin told Automotive News.

In addition, on April 28, Sutherlin said the group sold Sutherlin Hyundai Athens to Vernon Krause of Krause Auto Group. The store was renamed Hyundai of Athens. Athens, home to the University of Georgia, is northeast of Atlanta.

Sims and Hamilton also represented Sutherlin Automotive in the Athens transaction.

With the Georgia dealership sales, Sutherlin said his group now will be based in Montgomery.