The downtown Nashville panorama continues to evolve.
The most recent change noticed Beaman Automotive transfer away from Broadway over the weekend after many years on the acquainted web site simply off the interstate.
Beaman Toyota is shifting about 9 miles south and the Beaman Buick GMC is shifting about 13 miles south into the Antioch space. Nelson Mazda beforehand occupied the Mt. View Street location. Officers with South Carolina-based Hudson Automotive Group, proprietor of the Beaman dealerships, mentioned each places are bigger and characterize an $82 million funding.
“With Nashville’s growth and development towards Murfreesboro, these places supply nice visibility and the bigger footprint we wanted to thrive,” mentioned Hudson CEO David Hudson.
Hudson mentioned the Broadway location confronted area constraints that had been “stifling.”
Why transfer?
Brentwood-based GBT Realty purchased the Broadway property in late 2021, a few 12 months after Hudson purchased Beaman.
Hudson famous that the 2 new dealership places are bigger and can, subsequently, have extra choice. The corporate states that nothing has modified or will change apart from the situation.
Upon buying Beaman in 2020, Hudson mentioned, “A part of our firm’s technique when making a purchase order is to search for corporations which might be already working nicely, and when a model is already trusted locally, there may be little motive to alter it.”
What’s shifting?
The Toyota and Buick-GMC operations are shifting in addition to the Beaman Automotive Collision Heart, at the moment at 1000 Hawkins St. in Nashville. The collision middle’s new house is an current Beaman elements warehouse at 620 Crutcher Avenue in downtown Nashville.
The Beaman Chrysler Dodge Jeep Ram and Ford dealerships at the moment situated in Murfreesboro and Dickson is not going to be shifting.
How’s stock being moved?
Car stock on the Broadway tons was scheduled to be moved by staff and never by automotive haulers. Earlier than the weekend, there have been greater than 300 autos on the Toyota lot and about 200 on the Buick-GMC lot. All of these autos had been supposed to maneuver to the brand new dealership places previous to the dealerships’ Monday opening dates, officers mentioned.
Possession change, historical past
Hudson purchased Beaman about three years in the past after two generations of Beaman household possession. Former CEO Lee Beaman’s father based the corporate in 1945, and it has lengthy been a fixture of the Center Tennessee automotive business. It ranks as one of many largest vendor teams within the Southeast, in keeping with an organization information launch.
Beaman Automotive Group employs about 450 folks.
Hudson owns 49 dealerships in eight states, with places in Tennessee, Kentucky, Ohio, Georgia, Alabama, Louisiana, North Carolina and South Carolina. In 2022, throughout all of Hudson’s 49 dealerships, greater than 77,000 new and used autos had been bought – with 6,500 of these being bought in simply the 2 Beaman dealerships. The corporate anticipates even larger gross sales in 2023, because the transfer will enable elevated stock.
New places
Beaman Toyota
343 Harding Place in Nashville
Beaman Buick GMC
5300 Mt. View Rd. in Antioch
Extra:Nashville-based Beaman Automotive Group to be bought to Hudson Automotive Group
