Dealer Group Acquires High Volume Kia Store

By Staff Writer June 09, 2024

Haig Partners LLC, a buy-sell advisory firm to auto, heavy truck and RV dealers, served as the exclusive sell-side advisor on the sale of the #2 highest-volume Kia dealership in the nation, Hollywood Kia, on its sale to Morgan Auto Group.

Hollywood Kia is located in Hollywood, Fla., and was owned by Joe Levy and Steve Gutstein. The sale of Hollywood Kia sets a record for the most blue sky value ever paid for a Kia dealership, according to Kia executives.

Under Steve Gutstein’s leadership, who has been a partner and served as general manager since 2019, Hollywood Kia has won numerous awards for sales and service:

  • #2 in the nation with 1,582 new Kia sales through May 2024
  • #2 in the nation with 4,342 new Kia sales 2023
  • #2 in the nation with 3,744 new Kia sales in 2022
  • #1 for Kia sales in the Southeast Region
  • Kia President’s Club 2020 to 2023
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Last modified on Thursday, 13 June 2024 09:14