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Aug. 17, 2015 Farm Equipment magazine reports: The independent judging panel once again had an impressive pool of candidates to choose from for this year's Dealership of the Year honorees. But, they made their choices and Farm Equipment's 2015 Dealerships of the Year are: *Ritchie Implement, a 3-store group based in Cobb, Wis., in the over $75 million in revenues category, and *Salem Farm Supply, a single-store dealer located in Salem, N.Y., in the under $75 million in revenues category. In total, fellow dealers, employees, customers, Dealership of the Year alumni and equipment suppliers nominated several dozen North American dealerships for this year's program. The judges also named three "Best-in-Class" dealers for 2015. In the over $75 million category, the Best-in-Class dealerships includes Quality Equipment Co. of Crowley, La., and H&R Agri-Power of Hopkinsville, Ky. In the under $75 million category, the judges named Gellings Implement of Eden, Wis., the Best-in-Class dealership. Comparing Numbers Combined, these 5 dealers accounted for $599,210,807 of total revenue in 2014. Revenue per employee came in just shy of $917,300 for the group. Together, they also produced an average parts and service absorption rate of 76.7% for the year. The return on assets for these top dealers averaged 9.9%. Read about the dealerships here. Tweet |
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