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[DDavidson]

According to a report in the Dayton Business Journal (DBJ), (Jan. 15, 2010) by Staff Reporter Tom Demeropolis, David Coterel and Jason Dennis purchased the Buckminn's Harley-Davidson dealership in Xenia, OH, for an undisclosed amount, and the building for $1.75 million. That's small change for Coterel because he and his father and sister won $314.3 million in 2007 when they won the Powerball.

The dealership has been renamed Buckminn's D & D to reflect the new ownership. Dennis's involvement is as a minority owner. He is a successful auto dealer and presumably Coterel figures it would be good to have someone who knows the business helping him run the show.

The two new owners plan to pump up the promotional spending and sponsor a steady series of events at the dealership, with a goal to increase sales this year by 15 percent, according to the DBJ article.

I want to personally wish David Coterel well with his new venture, and hope it's not just a replay of the old line about the farmer who won a million dollars in a lottery. Asked what he intended to do with his winnings the farmer replied, "Oh, I guess I'll just keep farming until it's all gone."

http://www.bizjournals.com/dayton/stories/2010/01/18/story5.html?b=1263790800^2735681

[Boatman]

I think the former owner is the "real" lottery winner if he got $1.75M just for the building.  It isn't that great of a building to me.  Got to wish the new owners luck.  Thanks for the report.

A former customer stated if he won the Ohio Lottery "he was going to buy a fleet of dump trucks and truck til it was all gone" to go along with the farming.

Me, I'd buy a race team and race til it was all gone.

[MIKEYTEE]

I think the former owner is the "real" lottery winner if he got $1.75M just for the building.  It isn't that great of a building to me.  Got to wish the new owners luck.  Thanks for the report.

A former customer stated if he won the Ohio Lottery "he was going to buy a fleet of dump trucks and truck til it was all gone" to go along with the farming.

Me, I'd buy a race team and race til it was all gone.

And what would you do the second month after your broke?   
Mike
 

[Chains]

And what would you do the second month after your broke?   
Mike
   Indeed the prevous owner was a winner, the buildings that I rember were old and broke up, still was a nice dealership and had good service.  Good luck to the new owners.

[OhioDave]

Me, I'd buy a race team and race til it was all gone.

I believe the late Jim Trueman (Rahal's original team) said you can end up with a small fortune racing, as long as you start with a large one.

[mr_magoo]

Grow business 15% this year, I think all dealers would love that in these times.  Think mine just wants to survive.