#251: Kevin Lackey - President of Freedom Powersports - Selling his Business & Covid Industry surge

2 years ago
22

Kevin Lackey is the President and CEO of Freedom Powersports, a dealership group based out of Fort Worth, Texas with 13 locations spanning three states. His career in the powersports industry started in 1998 where he worked his way up from a porter to manager to general manager and now owner and operator. Through strong leadership skills, dedication to operational excellence, and commitment to the industry he helped grow Freedom Powersports from $34.8M in sales in 2012 to a project of $157M in sales for 2021. Outside of Freedom Powersports, Kevin is on the Board of Directors for First Financial Bank, Motorcycle Industry Council, Yamaha Financial Services Council, BRP Dealer Advisory Council, Yamaha Financial Services Dealer Council, Texas Motorcycle Dealers Association, YPO Fort Worth Chapter Member and is on the Advisory Board for National Center for Middle Market. In 2019 Kevin was named the Entrepreneur of Excellence for the category of retail for Fort Worth Inc. Magazine and in 2016 he was named to the 40 under 40 by the Fort Worth Business Press. With continued growth on his mind, he has also become an active member of his community in Aledo, TX, started a podcast, and is always looking for the next opportunity.

On this episode Chris and Kevin discuss:

Deepdive into powersports industry since COVID.
Best practices learned over the years that helped build a great team and business.
What he’s glad he did for the business so that it was easier to sell. (Sold to Rumble On.)
Why Kevin has built a life that balances his family life with a demanding work schedule.

Links:
Kevin on LinkedIn: https://www.linkedin.com/in/kevin-lackey-71912424/
Episode #4 of The Fort with Kevin Lackey: https://open.spotify.com/episode/72RJZtj0KhWbBt8kYqMUoy?si=7c206f58b36b4ffc
The House that Built Me by Miranda Lambert: https://open.spotify.com/track/02eD9ymfJOJOhM97HYp5R9?si=428b06e20ca945a5

Support our Sponsors:
Frank Kent Cadillac: https://www.frankkentcadillac.com/
CRE Daily Newsletter: https://www.credaily.com/
Fort Capital: https://fortcapitallp.com/

Follow Chris on Twitter: https://www.Twitter.com/FortWorthChris
Follow Chris on LinkedIn: https://www.linkedin.com/in/chrispowersjr/
Learn more about Chris Powers & Fort Capital: https://www.FortCapitalLP.com
Follow Fort Capital on LinkedIn: https://www.linkedin.com/company/fort-capital/

Listen & Subscribe on Spotify: https://open.spotify.com/show/7oIeNSaSJ4zkTQOXiedyOr?si=dEM48cSPQ9OIQ1HiD8sjrg

Listen & Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-fort-with-chris-powers/id1410549811

Loading comments...