I Don't Get My Yacht Until You Get Paid
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概要
Kyle Coleman, CEO of Coleman Automotive Group, and Ralph Marcuccilli, Fund Manager of Prime Dealer Equity Fund, sit down for the first-ever Prime Dealer Podcast to talk about what they're building and why now is the time to pay attention.
Kyle shares his journey from growing up without air conditioning as a roofer's son to becoming the first millionaire in his family and founding one of the fastest-growing privately held automotive groups in the country. In just 9 months, the Coleman Prime partnership has gone from zero to over $239 million in projected revenue — acquiring and turning around dealerships that were losing millions.
Ralph breaks down the fund structure, explaining why investors get their capital back before Kyle takes a dime, how the co-investment model aligns operator and investor interests, and what the path to a self-funding acquisition machine looks like. They discuss the "Road to 40". Kyle's plan to acquire 40 dealership rooftops in 7 years and his ultimate goal of building the largest privately held automotive group in the United States. From a store that was losing $1.8 million a year to profitability in month one, to a 2,000% increase in new car volume at their home store in Spirit Lake.
This episode lays out exactly what Coleman Automotive does when they walk through the door and why the fund is repricing soon. If you're an accredited investor looking for a hard-asset backed alternative investment with real operators, real results, and real alignment this is the episode to watch.
Learn more and request the Private Placement Memorandum at https://primedealerfund.com
Coleman Automotive Group — Spirit Lake, IA | Estherville, IA | Le Mars, IA | Warsaw, IN | Streetsboro, OH Prime Dealer Equity Fund — Fort Wayne, IN