Clark Vitulli Acquires Dealership with $3.4 Million
SCOTTSDALE, Ariz. & St. Augustine, Fla.--(BUSINESS WIRE)--Clark Vitulli, founder and former CEO of America's PowerSports, along with Allen Good, an associate of Vitulli's from APS, has acquired a St. Augustine, Fla., Harley-Davidson dealership with a $3.4 million loan from GE Capital Solutions, Franchise Finance.
The loan, based on the projected value of the business, is going to be used to revamp the Harley-Davidson store and to modernize the showroom.