Metro Toyota in Ohio recently sold to Michigan-based Victory Automotive Group. It was owned previously by Jerry Schneider, sons Ken Scheider and Dan Schneider, Barry Greenfield and Jim Greenfield, sons of the late Dick Greenfield. The dealership will now be called Victory Toyota of Brook Park.
The 70,000-square-foot space includes an Imaged Toyota Showroom with an attached service center and a used-car showroom next-door. The service center includes a parts and accessories department with hard-to-find regional Toyota parts and accessories.
Steve Corle of the Tim Lamb Group represented both family-owned agencies in the transaction, which closed on March 18. “The communication I had with Steve was excellent, and he provided me with timely and straightforward information,” said Ken Schneider, general manager of Metro Toyota. “Ken Schneider made quick decisions that kept the process moving forward and the Victory Automotive Group helped make the process easy from the moment they were presented with the deal,” stated Steve Corle, Director of the Tim Lamb Group.
Jerry Schneider and the late Dick Greenfield opened Metro Toyota in 1969. Jerry’s sons Ken and Dan, and Dick’s sons Barry and Jim, joined the dealership in 1987 and have worked closely with other family members throughout the years. The importance of working closely with family every day meant a lot to the Schneiders and Greenfields, and that impacted their decision to leave their store to another family-owned company. “Being able to speak directly with Jeff Cappo, President of Victory Automotive Group, was an enjoyable experience and one of the deciding factors in choosing a successor to take over our family business,” stated Ken Schneider, General Manager at Metro Toyota.
Throughout its 55 years in business, the Schneider and Greenfield families achieved many accolades for Metro Toyota, including being a 20-year recipient of Toyota President’s Award. Metro Toyota also worked with community organizations, such as The City of Brookpark, Rainbow Babies & Children’s Foundation, Wheelchair Ballet, March of Dimes, and several pet rescue organizations.
“We appreciate the loyalty of our customers over the last 55 years, and we look forward to Victory Automotive Group continuing to provide our customers with excellent service and community support,” said Ken Schneider.
Victory Automotive Group is a family-owned company started over 25 years ago by Jeffrey Cappo and is headquartered in Canton, Mich. Cappo now works alongside his sons Eric and Michael, who are involved in the daily operations of their 50-plus locations in 11 states: Ohio, Michigan, California, Massachusetts, Florida, Texas, Indiana, Tennessee, West Virginia, North Carolina and Illinois. Victory Automotive represents 14 of automotive brands, including 11 Toyota locations, three in Ohio.
Tim Lamb Group has worked closely with Victory Automotive and continues to facilitate deals with their team. “I am honored to have assisted both families with this sale and appreciate the trust they put in the Tim Lamb Group,” stated Steve Corle, Director at the Tim Lamb Group. “I wish the Schneider and Greenfield families all the best in their next endeavors.”
Steve Corle, director of the Plains region for the Tim Lamb Group, headquartered in Columbus, brokered the sale.
