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Mario Murgado: Building a multi-state group of 18 automobile dealerships

Published by Gabriela Henriquez Stoikow  on September 21, 2021
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Mario Murgado: Building a multi-state group of 18 automobile dealerships

Mario Murgado came to the US from Cuba as a 4-calendar year-previous. Now 59, he feels blessed to be living in this country, be component of the neighborhood and be included with his passion: the automotive industry. He is one of the most prosperous vehicle-dealership owners in South Florida, with 6 dealerships in Miami, four in Stuart, three in Jacksonville, 3 in New Jersey and two in Chicago.  

Apart from staying an entrepreneur, he has a deep enthusiasm for previous cars and trucks, which he collects, alongside with historic pieces and flags. Any time he is obtaining a lousy working day, he touches a 34-star flag from the US Civil War sitting down in close proximity to his desk, which is a reminder of how challenging all those days were being, “when there was a struggle father against son, and brother from brother.”  

With extra than 40 years in the dealership of autos, he still sees customers. “You can under no circumstances get absent from that,” he says. He attests that he enjoys his company, and even when he is out of his business office, he is always working on anything for the company. 

Mr. Murgado started out his profession in 1981 with automobile magnate Norman Braman in Brickell and spent practically 20 years doing work for 1 of the most crucial vehicle dealerships at the time. Around the decades, he held the positions of typical supervisor, controlling partner, president and CEO, and in 2000 he determined to get started his personal dealership. 

“In November 2000 I resigned, then on May 27 – and I by no means neglect it was at 8:08 p.m. – I signed the dotted line and I was equipped to purchase the Brickell keep, a Pontiac, GMC and Honda dealership,” he reported. 

Just after 20 yrs, he seems to be back at his reminiscences when he dreamed of owning his very own dealership and is grateful for his accomplishment and for individuals who assisted him on the journey. “I was in a position to comprehensive that desire and get that store, and the rest is history… We have been equipped to produce from there.” 

At this issue of his profession, he is on the lookout to solidify his business enterprise, mature exactly where he finds extra opportunities and open up doorways for the new generations in his corporation. He states he is not on the lookout to retire any time before long, but inevitably he designs to choose a step back again and suppose different roles in the firm. 

Mr. Murgado was interviewed by Miami Now Reporter Gabriela Henriquez Stoikow. 

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