They said, we have no reason to approve you, but we have a good feeling about you, said Blue. Save my name, email, and website in this browser for the next time I comment. The truth is, as much as car dealers say the manufacturer/dealer relationship is adversarial, manufacturers are angels compared to steel mills and rail roads.. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. He posted a notice on the Organizations website that he was interested in acquiring a highline new car dealership. Andfor whatever reason, after more than 15 years of ownership, Mr. Goldman also grew tired of his harem. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. Over in Texas, the Blue familys main residence is a 10,859-square-foot mansion with 6 beds and 6.5 baths in the swanky River Oaks neighborhood of Houston. "All this will, of course, change when the numbers are available," Deb adds. If you are active in the automotive buy sell arena, we would like to talk to you about contributing to Automotive Buy Sell Report. The average EBITDAR to EV value for full-service Asian flag carriers is 6.5. So Blue bought it. Todd Fisher Net Worth. Rather, it was down the hill and around the corner. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. Our investment efforts and managerial capabilities are focused on the operation of a global and diversified portfolio. In late 2013, they paid $2,700,000 for a Tuscan-style thing in a guard-gated Rancho Mirage community. . Several of the vehicles are worth seven figures easily and the total value of the collection is probably $15 million. But then again, theres always the possibility that the new place has a hidden underground lair. Overnight on Wall Street is morning in Europe. Particularly since the listing mentioned that the acoustically engineered structure could be converted into a recording studio. Golf's Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland. A phone number associated with this person is (702) . In 2010 Blue moved into a 13,000-square-foot Porsche store on the North Freeway, about 2 miles south of the budding Grand Parkway. Accelerating Opportunity. Porsche always builds one less car than there is demand.". That name is nice enough, we guess, albeit a tad generic. Smaller family-owned dealership groups still on acquisition trail though large auto groups do have advantages, Edmunds says used car prices in Q2 up nearly eight percent, The Park Place Dealerships sale may herald changes in buy sell market, says The Presidio Group. (Michael Starghill, Jr.), The new Porsche North Houston will include two stories of showrooms and an air-conditioned, 26-station service shop that more resembles a hospital than a garage. And Mr. Goldmans new house at least in the aerial view does not appear to have a garage capable of containing these gems. Well be ready, and they are getting us ready through a tremendous amount of communications. Site Staff January 9, 2019 Current Digital, Social Scene Todd Blue will be honored at the 102nd annual National Automobile Dealers Association (NADA) Show Jan. 25 in San Francisco. In 1992 Todd began his career at Luria Brothers Chicago office as an account executive within its steel-mill-service and trading group. He showed a 1964 Porsche 904 racer that competed in South Africa, France and England. I look at where we are today after eight short years and it is an incredible blessing to see what we have accomplished. Blues success is matched by a strong commitment to giving back to his community. We are looking for active professionals who understand this part of the automobile industry [], Automotive Buy Sell Report is the first website and weekly report to give participants in the automotive dealership buy sell industry [], Advertising on Automotive Buy Sell Report is a great way to specifically target those []. We think there is good wisdom at expanding relationships with the brands you currently do business with, Blue said. We would love to buy a dealership at the multiples as they are reported, Blue said, But everybody pays more than that.. Billionaire Lasry to Sell Bucks Stake, Valuing NBA Team at $3.5 Billion Collecting Here's What a $10 Million Violin Sounds Like Featured Screentime New York Property Prices Where to Go in 2022 View. Porsche is on this. Todd Blue, Founder and CEO of indiGO Auto Group, came to terms on an agreement in The Netherlands on June 26, 2017 just prior to an event celebrating Pon's 70 th anniversary of its relationship . Anyway, the well-to-do new owners of La Vie En Rose are a couple from Louisville, Kentucky (of all places) named Todd & Karen Blue. Indigo, a plant that produces a blue dye, was an important part of South Carolina's eighteenth-century economy. Mr. Cleveland owns over 40,000 units of Patrick Industries stock worth over $7,623,815 and over the last 15 years he sold PATK stock worth over $65,621,839. And the wealthiest residents there tend to congregate together. Net worth totals vary by education, age, income and other factors. The family business was sold in 1998 while Blue was executive vice president, so he took the money he made and bought some classic cars. So Blue posted a classified ad on the online forum of the Young Presidents Organization, a club for chief executives. What specific changes will need to happen at the dealership? Pacing ourselves, with anticipation of what will be our best-selling vehicle, is a balancing act for Porsche dealers, but weve got some good planning. Copyright 2005-2023 Blue Equity. Todd Blue is on Facebook. Bridges son is a former child actor who has appeared in the film 'Daddy Day Camp'. Or $20 million? His loss!). Stop for a moment and imagine Mr. Goldman waking up in the wee hours of the morning. Gracie J Blue, director; Karen L Blue, director; TODD L BLUE, agent; Todd L Blue, director; Todd L. Blue, president; Registry Page Todd also became the first in the world to build a Destination Porsche facility (which was built in Palm Springs). Todd Rome, Blue Star's president, is now . Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. Although records are somewhat incomplete here, we do know that the property was sold in 2001 for $990,000 to a Steve Goldman and his wife Azita. A long driveway passes through tall gates and winds up a gentle slope planted with olive trees and rose bushes. Net Worth 2019 is. There are some versions that incline more towards the purples, some to the blues, and some to the deeper magenta -reds. Noteworthy Characteristics. KTRK Channel 13 news anchorGina Gaston emceed the evening that feted Dec My Room founderSusan Plank and hubby Mike, Gina and Dr. Devinder Bhatia, Melissa and Michael Mithoff, Laura and Evan Greenberg, Peter Remington and Karen Deguerin, Laurie and Tracy Krohn,Tatiana and Bob Green, Karen andTodd Blue,andChristie and Mark Sullivan. Todd Blue, CEO, founder and dealer principal at indiGO Auto Group in Rancho Mirage and Palm Springs has been nominated for the 2019 Time Magazine Dealer of the Year award. Warren . (Michael Starghill, Jr.), Details of a Porsche 918 Spyder in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. It also means paying attention to details such as having illy Espresso in his stores, and Ghirardelli chocolate. The connectivity to the dealer body is outstanding. The best parts of the estate, however especially for kids are the expansive grounds, which span about 2.7 acres and include numerous outdoor dining options, a 75-foot long infinity pool w/ waterfall feature, a full-size tennis court, and a bocce ball court. Some months ago, Yolanda called Mr. Talla and begged him to rename the house Brnhilde brennt einFeuer auf dem Dachboden. The business developed into a thriving regional operation before ownership took the company global by focusing its operations on providing full-service metals recycling and supplies to railroads. Yolanda thinks the whole shebang would look better if the cabinets were stained a darker shade of brown to contrast with the countertops and such. Agent Name TODD L BLUE Agent Address 301 EAST MAIN STREET, SUITE 101, LOUISVILLE, KY, 40202 Directors / Officers. Originally built in 1992, the house was extensively renovated by Mr. Talla. 2023 Dirt.com, LLC. A year later, Blue acquired Lamborghini Houston. This TV star has an estimated negative net worth of $5 million as of 2022. Bentley Rancho Mirages All New 2019 Continental GT Event from ToddBlue.com on Vimeo. Your email address will not be published. It was then that David Blusinsky (his last name later shortened to Blue) immigrated to the United States and co-founded the Louisville Scrap Material Company in Louisville, Kentucky. (Michael Starghill, Jr.), Todd Blue, owner of a new flagship Porsche dealership, poses for a portrait between a Porsche 918 Spyder and a Porsche 1600 in the dealership garage Thursday June 29, 2017. Growing auto empire expands with Houston's wealth, Black trail riders head to Houston rodeo parade after grueling, joyful 6-day journey, A Porsche 918 Spyder and a Porsche 1600 in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. The glassy car entrance garage door, if you will is discreetly located at the rear of the facility. A member from Atlanta, who had recently bought a portfolio of stores, answered his ad. Construction of a flagship dealership required meticulous detail aimed at consistency of the German company's self-professed corporate image. By: Momentum Marketing April 2, 2010 - PRLog -- IndiGO Classic Cars Acquires Porsche of North Houston He would like to add some brands that are owned by the same manufacturers that he already represents, said Blue. Moving beyond Good Enough business performance, JAMOC LLC acquires Chrysler Dodge Jeep Ram auto dealership in California, Zeigler Auto Group grows its luxury footprint with four-franchise acquisition, Melvin Cooper acquires Mid Bay Chrysler Dodge Jeep Ram auto dealership in California, Melvin Cooper acquires Mid Bay Ford Lincoln dealership in California, Serpentini Auto Group in Ohio acquires three more Chevrolet dealerships, Todd Booth and Gary Mroczek acquire Chevrolet and Buick auto dealership in Nebraska, Vertu Motors auto dealership group in the U.K. acquires four Volkswagen stores from Sytner Group, Europes Hedin Group acquires SeeAll auto dealership group in Switzerland. Or perhaps they are planning to acquire some LA car dealerships. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new. 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