Sam Toliver and Shelton Toliver in February purchased the former BF White Motor Co., a longtime Ford dealership in little Stanton, Texas.
The dealership was renamed Bailey Toliver Ford. Sam Toliver is seller principal and his son, Shelton, is standard manager.
The vendor in the Feb. 16 transaction was Ronda Ireton, bulk shareholder of the providing company entity, stated Tom Choate, a attorney in Abilene, Texas, who recommended the prospective buyers in the acquisition.
Ronda Ireton’s late spouse, Danny Ireton, owned the Ford dealership, in which he had worked his way up from company technician. Danny Ireton also was a volunteer firefighter. He was killed in a traffic accident on Aug. 4, 2021, though responding to an unexpected emergency call, in accordance to the neighborhood CBS affiliate. He was 61, in accordance to his obituary.
The buy-offer agreement was underway at the time of Ireton’s demise and experienced to be rewritten right after possession passed to his widow, Toliver stated.
The Toliver family members also owns a few Bailey Toliver RV dealerships: in Stanton, Brownfield and Victoria, Texas. The dealerships are named soon after Sam Toliver’s late father.
Sam Toliver also owned the previous Bailey Toliver Chevrolet in Haskell, Texas, from 1997 to July 2021, when he offered it. That shop is now Mitch Hall Chevrolet.
Toliver said the Ford franchise in Stanton dates back to 1929. He explained yearly new-automobile volume for the dealership has been about 550 cars, which includes fleet and retail, “in a excellent calendar year.”
Historically, fleet product sales have accounted for most of its sales, he reported. The city is surrounded by the energy marketplace and nearby Permian Basin, a substantial oil deposit, he explained.
Toliver mentioned he’s scheduling to transfer the dealership to a new site a pair of miles absent, closer to the I-20 freeway bypass, and adjacent to this RV dealership in Stanton.
“It really is aged. I’m going to make a new 1, new development,” he claimed. “The previous just one is downtown, in a small, rural city.”
Dan Leroy with the Cotton Bledsoe Tighe & Dawson regulation company, in Midland, Texas, suggested the vendor in the transaction.