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Billy Fuccillo dealerships sold for 36 million

Posted at 3:40 PM, Sep 11, 2020
and last updated 2020-09-11 15:40:17-04

CAPE CORAL, Fla. — Documents from the Securities and Exchange Commission reveal a company is buying Billy Fuccillo's dealerships in Cape Coral and Port Charlotte.

They are purchasing it for 36-million dollars.

LMP Automotive Holdings, Inc is acquiring all the vehicles and 58-acres of property.

Billy has been a recognizable face in Southwest Florida since opening his Cape Coral location in 2011.

Over the years, Fox 4 has covered several events, giveaways, and promotions at the dealership.