RLJ McLarty Landers Group Buys Texas Toyota Outfit

Little Rock-based RML Automotive – also known as RLJ McLarty Landers Automotive Holdings, LLC – announced today the acquisition of Toyota of Lewisville in Lewisville, Texas.

The 74,000 sq. ft. facility is located in the Dallas-Fort Worth metroplex. The dealership was previously owned by Rene Isip and John Eagle and currently employs approximately 125 workers. It is estimated that Toyota of Lewisville will generate $140 million in revenues in the first year under RML ownership.

“At RML we believe in providing the very best sales and service to our customers. We are pleased to expand our presence in the DFW market by becoming a part of the Lewisville community, and look forward to serving the people there with the same level of satisfaction and care as we do in our other locations across the United States,” said RML CEO Franklin McLarty. “We are excited to expand our relationship with Toyota in one of the strongest car markets in the country.”

RML Automotive is the largest minority-owned automotive retailer in the country. It consists of 35 automotive franchises across the South-Central, Southeast, Mid-Atlantic, and Midwest regions of the United States. RML currently owns automotive dealerships in Burleson, Waxahachie, and Ft. Worth, Texas.