August 01, 2011 // Franchising.com // CARMEL, Ind. – J.D. Byrider, the nation's largest franchised used car sales and finance business, opened five new dealerships in the last two months, for a total of eight new stores so far in 2011. J.D. Byrider now has 132 locations in 30 states.
The new dealerships are in the following locations:
Two of the eight new dealerships are company-owned locations – Louisville, Ky., and Columbus, Ohio – with the rest owned by franchisees.
"We're excited about our growth in 2011, which was fueled in part by the investment made in the company by Altamont Capital Partners," said J.D. Byrider CEO Steve Wedding of the company's acquisition by the private investment firm, which was completed in May 2011. "We plan to continue that growth through the opening of five additional locations later this year and even more next year."
In business more than 20 years, J.D. Byrider is the nation's leading franchised used car sales and finance business. The company was founded to serve customers with special auto financing needs and to ensure that they receive the same quality service in every J.D. Byrider dealership. With nearly 900,000 consumers matched to quality, affordable vehicles, the company continues its focus on reliability and customer satisfaction. Headquartered near Indianapolis in Carmel, Ind., J.D. Byrider has 132 franchised- and company-owned dealerships in 30 states. Visit www.jdbyrider.com to learn more.