Morgan Auto Group Revenue and Competitors

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Tampa, FL USA

Location

N/A

Total Funding

Automotive

Industry

Estimated Revenue & Valuation

  • Morgan Auto Group's estimated annual revenue is currently $189.8M per year.(i)
  • Morgan Auto Group's estimated revenue per employee is $412,500

Employee Data

  • Morgan Auto Group has 460 Employees.(i)
  • Morgan Auto Group grew their employee count by 20% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5.5M31-18%N/AN/A
#2
$6.7M3728%N/AN/A
#3
$9.2M4518%N/AN/A
#4
$9.2M4513%N/AN/A
#5
$11.9M5816%N/AN/A
#6
$25.7M781%N/AN/A
#7
$15.7M68-17%N/AN/A
#8
$6M3314%N/AN/A
#9
$145.6M3534%N/AN/A
#10
$27.1M105-50%N/AN/A

A native of LaBelle, Missouri, Larry C Morgan graduated from the University of Missouri with a Bachelor of Science in Business Administration and Economics. In 1991, through the acquisition of a Clearwater based retail tire business which he grew from 33 to 600 stores under the Tires Plus name Larry quickly became a staple of the automotive industry. A short time later in 2000 he sold the company to Bridgestone in order to pursue other things. In 2001, the tire industry named him Tire Dealer of the Year in recognition of his contributions to the tire business as a whole and in 2004, he was recognized regionally and inducted into the Tampa Bay Business Hall of Fame. In 2007, the Tampa Bay Business Journal named the Morgan Auto Group the 2nd largest new car automobile dealership in their market and in 2008, Larry was inducted into the Tire Industry Association's Hall of Fame. Today Larry Morgan and his son, Brett Morgan, own and operate 10 automobile dealerships under the Morgan Auto Group name. These dealerships consist of Honda of Ocala, Toyota of Tampa Bay, Scion of Tampa Bay, BMW of Sarasota, Honda of Gainesville, Wade Raulerson Buick GMC, Wesley Chapel Mini, Gainesville Mitsubishi and Lamborghini Sarasota. In 2008 less than twenty years after he opened his first tire store, Toyota and Time magazine recognized Larry Morgan for his outstanding sales, customer service, and contributions to the community and in 2009, Tampa Bay CEO Magazine named him CEO of the Year in Retail Services and one of the Top 100 Most Influential Business Leaders in Tampa Bay. As of today the Tampa based group has 23 dealerships from Naples, FL to Lake City, FL with their largest concentration in the Tampa Bay and Ocala/Gainesville region.

keywords:Automotive

N/A

Total Funding

460

Number of Employees

$189.8M

Revenue (est)

20%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Morgan Auto Group News

2022-04-17 - Rimac Group Receives €120 Mn of Investment From Morgan ...

The venture capital company is also the controlling stakeholder in the UK's Morgan Motor Company. Since investing initially in Rimac in 2021...

2022-04-17 - Morgan Lewis Automotive & Mobility – Q1 | 2022 – Publications

Welcome to the 31st edition of our newsletter on developments in the automotive industry published by Morgan Lewis's automotive and mobility team with...

2022-03-30 - Dealership rankings get shuffled after acquisitions

Morgan Automotive added eight dealerships in 2021, bringing its total to 53. The group's vehicle sales at its existing stores increased by 18...

2019-09-12 - Achieving Great Customer Service – An Innovative Approach That Really Works! - Press Release

He is currently the Managing Partner at two Morgan Auto Group dealerships in Tampa—Brandon Honda and Sun Toyota. He has studied and ...

2019-09-12 - Automobile Economics Market 2019-2026, Forecasting With ...

Automobile Economics Market 2019-2026, Forecasting With Prominent Players are, Morgan Auto Group, Trident Automotive Corporation, and ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$123.1M4699%N/A
#2
$111.6M4760%N/A
#3
$131.7M47918%N/A
#4
$157.5M4967%N/A
#5
$141.9M51637%N/A