Darwish, previously a minority husband or wife in a New Jersey Audi dealership and a platform supervisor for Napleton Automotive Team, reported that soon after moving into into an agreement with Fuccillo in August 2020, he ran into various delays. His lawyer’s business office shut down due to the fact of COVID-19, and Darwish contracted the illness.
“I nearly died,” he told Automotive News. “I was in the medical center for 19 days.”
Darwish explained he was on oxygen for two months but recovered. Then in June 2021, Fuccillo Automotive CEO Billy Fuccillo Sr. died.
Darwish claimed he experienced very little sleep in excess of these 20 months as he labored to satisfy with many producers and banking companies to wrap up the offer.
He now has a staff members of more than 400 men and women, whom Darwish explained as “pretty very good personnel.”
“The employees that came together with this offer is magnificent,” he reported. “The group is a great group.”
Fuccillo Automotive Group just a few decades ago boasted a lot more than 20 dealerships, but it has offered quite a few suppliers in the previous calendar year-furthermore. In early 2021, the group marketed five New York dealerships to Matthews Auto Group. Then in March 2021, it offered two Kia dealerships in Florida to LMP Automotive Holdings Inc. In August last 12 months, it marketed a Nissan dealership in Clearwater, Fla., to Morgan Automotive Team.
Billy Fuccillo Jr., president of the Fuccillo team, did not answer to requests for remark from Automotive News. The group’s website nonetheless lists 7 franchised rooftops in New York.
Two of Fuccillo Automotive’s Standard Motors dealerships in New York shut around the time of the Darwish transaction: Fuccillo Chevrolet-Buick at the Automobile Mall in Adams and Fuccillo Chevrolet of Nelliston. A GM spokesman confirmed the franchises have been terminated in late April and early May perhaps. As component of his transaction, Darwish purchased the real estate for each spots.
He designs to use the web sites as applied-automobile suppliers and hopes to apply to reopen the Chevrolet store in Adams.
Darwish, 50, who reported he is a college dropout, has required to individual a car dealership due to the fact he was 21.
“I sacrificed all the things to get right here,” he claimed. “I risked every little thing to get listed here.”
And he wishes additional. Darwish stated he wants by year’s conclude to seem for extra dealerships to acquire, as he hopes to personal 90-in addition merchants in the upcoming 7 yrs.
“The moment I get going, I want to hold likely,” he stated.
Bob Morris with Tim Lamb Group, a get-offer agency in Columbus, Ohio, represented the seller in the transaction, Darwish claimed.