Mark Wahlberg has opened his fifth car dealership in Ohio. The actor, producer and former rapper has now acquired Joe Firment Chevrolet in Avon, Ohio, renaming the dealership Mark Wahlberg Chevrolet of Avon.
How many car dealerships does Mark Wahlberg own in Columbus Ohio?
The actor, producer and businessman recently opened his 6th dealership in Ohio. The latest addition is a second Mark Wahlberg Airstream & RV dealership location that opened earlier this month.
Mark Wahlberg Automotive Group was founded in 2018 when Mark Wahlberg partnered with Jay Feldman to open his first car dealership in Columbus, Ohio. Since then, he's opened several more dealerships with Jay which include Chevrolet, Buick GMC, and Airstream.
Penske Motor Group's flagship dealership is Longo Toyota in El Monte, California, the largest car dealership in the world at over 50 acres (200,000 m2).
Lithia Motors beats AutoNation to become top selling dealership group in 2022. Lithia Motors revealed it had sold 271,596 new vehicles in 2022, beating the nation's longtime frontrunner AutoNation by 40,000 units. In Q4 alone, Lithia made 68,159 new vehicle sales, a 5.2% year-over-year increase.
Wahlburgers (stylized as wahlburgers), is a casual dining burger restaurant and bar chain. It is owned by chef Paul Wahlberg and his brothers, actors Donnie and Mark. As of March 2023, there are 90+ Wahlburgers locations in the United States, Canada, Australia and New Zealand.
Wahlberg is a co-owner of Wahlburgers, along with his brothers Donnie and Paul. It was Mark's idea to expand Paul's restaurant in Hingham, Massachusetts into a full-fledged chain, with a reality show to promote it.
More recently, that passion for taking life by the steering wheel has led him into the automotive industry. Today, he owns and operates several Ohio-based dealerships, including Mark Wahlberg RV.
Nor was Bill Gates, who owns 15% of AutoNation, itself a rollup of individual dealerships created by billionaire Wayne Huizenga, who got his start hauling garbage. What is the investment allure of car dealerships?
Not only has Tesla succeeded in becoming the most valuable automaker in the world, but it also holds the status as one of the world's most valuable companies. Tesla CEO Elon Musk has become the world's second-richest person as a result of his holdings in Tesla and other innovative, forward-thinking companies.
“I am continuously looking for ways to innovate my brand and engage in businesses I am passionate about,” Wahlberg said in a statement. “I love cars and the chance to work with an experienced, proven dealer-operator like Jay and represent an iconic brand like Chevrolet inspired me to get involved.”
Karl Malone Auto now has eight rooftops across Arkansas, Idaho, Louisiana and Utah, Hicks confirmed. "We're still actively looking" for acquisitions, he told Automotive News. The group also has seven powersports stores across Arkansas, Colorado, Idaho and Utah, Hicks said.
Mark Wahlberg Sells $17M Las Vegas Home He Bought Just 1 Year Ago After Saying He Was Leaving California. Mark Wahlberg has sold his Las Vegas home for a reported $16.6 million, according to documents obtained by the Las Vegas Review Journal and reviewed by PEOPLE.
What is Mark Wahlberg's Net Worth? According to estimates, Mark Wahlberg is worth $400 million. Most of his wealth comes from his acting career, but he has also been a successful producer and businessman.
Last year, Wahlberg sold his 20-bedroom mansion in Beverly Park for $55 million and bought into the exclusive Summit Club in the Summerlin community, where he purchased a $14.5 million townhome and has also acquired a $15.6 million 2.5-acre lot.
Last year, the actor told The Talk that he moved his family to the Silver State to give his kids a “better life.” Wahlberg is married to model Rhea Durham and the couple has four children. “I want to be able to work from home.
As has been previously written, Mark Wahlberg has a net worth of $400 million. His older brother Donnie Wahlberg, who was extremely instrumental in Mark's early career, has a net worth of $25 million. As a result, we can safely say that Mark Wahlberg is richer than Donnie Wahlberg, a whole lot richer in fact.
While ZipRecruiter is seeing salaries as high as $162,345 and as low as $40,957, the majority of Car Dealership Owner salaries currently range between $92,300 (25th percentile) to $127,800 (75th percentile) with top earners (90th percentile) making $148,035 annually in California.
Car dealerships make money through several revenue streams, including new car sales, used car sales, financing, service and parts, and extended warranties. While each revenue stream is essential, new car sales are typically the most significant source of revenue for dealerships.
