Ricart Automotive Group

What Ricart Automotive Group does

Ricart Automotive Group is a privately held, family-owned multi-franchise automotive dealership group headquartered in Groveport, Ohio, in continuous operation since 1953. The company operates a 67-acre Mega Mall facility housing nine OEM franchise points (Ford, Hyundai, Kia, Mitsubishi, Nissan, Buick, Chevrolet, GMC, and Genesis), a Ricart Used Car Factory for pre-owned vehicles, a dedicated Ricart EV Center for electric and hybrid models, and an in-house performance customization shop called Rabid Customs. Distribution combines physical retail rooftops in Groveport, Columbus, and Newark with brand-specific e-commerce storefronts for each OEM.

The business generates revenue through three primary streams: one-time vehicle sales (new, certified pre-owned, and used), finance-and-insurance income via the captive The Credit Factory (offering loans and leases across all credit tiers), and recurring service and parts revenue from full-service repair, an express service lane, a car wash, and an online parts ordering portal. A secondary commercial channel, Ricart to Business, sells work trucks and fleet vehicles to business customers. The underlying technology stack is described as a standard automotive retail platform supporting online inventory search, ePrice quoting, online pre-approval, and appointment scheduling, with no proprietary software, APIs, or AI capabilities disclosed.

The company primarily serves individual retail consumers across Central Ohio (Groveport, Columbus, Reynoldsburg, Bexley, Pickerington, Lancaster, Canal Winchester, Grove City) with a secondary commercial segment for fleet and work-truck buyers. Leadership is concentrated under the Ricart family, with Rhett Ricart serving as President, Chief Executive Officer, and Dealer Principal. The group operates with 501-1000 employees across its wholly-owned subsidiaries and shows no disclosed parent company, external private-equity backing, public listing, or acquisition history.

Name

Ricart Automotive Group

Legal name

Ricart Automotive Group

Website

https://ricart.com

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ricart Automotive Group is a family-owned, multi-franchise auto dealership group operating a 67-acre Mega Mall in Groveport, Ohio, retailing new and used vehicles from nine OEM brands alongside captive financing, service, parts, commercial truck, performance customization, and EV operations serving Central Ohio consumers and businesses.

Ownership category

akta.pro rank

Headquarters

HQ city

Groveport

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel

Revenue model

1. Vehicle Sales: Sale of new vehicles from multiple OEM brands (Ford, Hyundai, Kia, Mitsubishi, Nissan, Buick, Chevrolet, GMC, Genesis) and used vehicles through the Ricart Used Car Factory. Also includes certified pre-owned vehicles.
2. Finance and Insurance: Financing services for vehicle purchases through The Credit Factory, offering loan and lease options for all credit types.
3. Service and Parts: Full-service auto repair, maintenance, tire replacement, and parts sales across multiple service locations. Includes express service lane for quick services without appointment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Ricart Automotive Group operates a multi-franchise new and used vehicle dealership platform on a 67-acre Mega Mall in Groveport, Ohio, selling vehicles from Ford, Hyundai, Kia, Mitsubishi, Nissan, Buick, GMC, Chevrolet, and Genesis. The group provides end-to-end automotive retail services including new and certified pre-owned vehicle sales, in-house financing through The Credit Factory for all credit types, maintenance and repair service with an express lane, parts and accessories, custom performance builds via Rabid Customs, electric vehicle sales via the Ricart EV Center, and commercial truck and fleet sales through Ricart to Business.

Product overview

Ricart Automotive Group operates as a multi-brand automotive dealership platform offering new and certified pre-owned vehicles from Ford, Hyundai, Kia, Mitsubishi, Nissan, Buick, Chevrolet, GMC, and Genesis brands. The company operates a 67-acre Mega Mall in Groveport, Ohio with multiple specialized divisions: the Ricart Used Car Factory for pre-owned vehicles, Ricart Service for maintenance and repairs with express service lanes, The Credit Factory for financing solutions, Ricart to Business for commercial trucks, Rabid Customs for performance modifications, and a dedicated EV Center for electric and hybrid vehicles. The platform provides end-to-end automotive services including vehicle sales, financing, service, parts, and customizations.

Differentiator

Problem solved

Functional benefit

Brands

• Rabid Customs: Custom vehicle modification and performance upgrade shop offering specialized builds including Ford F-150 Supercharged Sleeper Edition with 700hp and Mustang RTR Edition with 810hp.

Products and services

• New Vehicle Sales

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Ford Motor CompanycoreChannel Partner/ Reseller/ DistributorAuthorized Ford dealership (Ricart Ford) selling new Ford vehicles including F-150, Explorer, Bronco, Mustang, Transit, and commercial trucks. Also offers Rabid Customs performance division for Ford performance vehicles.
• Hyundai Motor AmericacoreChannel Partner/ Reseller/ DistributorAuthorized Hyundai dealership offering new Hyundai vehicles including Santa Fe, Tucson, Sonata, Elantra, Palisade, and IONIQ models.
• Kia Motors AmericacoreChannel Partner/ Reseller/ DistributorAuthorized Kia dealership (Ricart Kia) selling new Kia vehicles including Telluride, Sorento, Sportage, Carnival, and Forte.
• Mitsubishi MotorscoreChannel Partner/ Reseller/ DistributorAuthorized Mitsubishi dealership offering Outlander, Eclipse Cross, and Outlander Sport models.
• Nissan Motor CorporationcoreChannel Partner/ Reseller/ DistributorAuthorized Nissan dealership selling new Nissan vehicles including Rogue, Altima, Sentra, Pathfinder, and Frontier.
• General Motors (Buick, Chevrolet, GMC)coreChannel Partner/ Reseller/ DistributorAuthorized dealer for Buick, Chevrolet, and GMC brands offering vehicles including Silverado, Equinox, Tahoe, and Travers.
• Genesis Motor AmericacoreChannel Partner/ Reseller/ DistributorAuthorized Genesis dealership offering Genesis luxury vehicles including GV80 and GV70.
• The Credit FactorycoreStrategic or Co-development PartnerIn-house financing partner providing auto loan and lease options for customers with all credit types. Helps secure affordable monthly payments.
• Rabid CustomsminorStrategic or Co-development PartnerCustom performance vehicle division offering modified Ford vehicles including supercharged 700hp F-150 builds and 810hp Mustang RTR editions.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Germain Auto Group: Germain Auto Group is a large, family-controlled multi-brand dealership group headquartered in Columbus, Ohio — directly comparable to Ricart as a regional multi-franchise dealer competing in the same Central Ohio market with overlapping OEM franchises (Ford, Honda, Toyota, Lexus, BMW, Mercedes-Benz) and full sales/service/F&I offering.
• Byers Auto Group: Byers Auto Group operates multiple new-vehicle franchises (Chevrolet, Subaru, Mazda, Volvo, and others) in the Columbus, Ohio market — directly comparable to Ricart as a regional multi-franchise competitor serving the same Central Ohio customer base.
• CarMax: CarMax is the largest U.S. used-vehicle retailer and directly comparable to Ricart's Ricart Used Car Factory in offering certified, multi-brand pre-owned vehicles with in-house financing — though CarMax is used-only and operates nationally at substantially greater scale.

Broad incumbents

• AutoNation: AutoNation is the largest U.S. public automotive retailer with ~300+ franchises across 19 states. Broadly comparable to Ricart in operating multi-brand franchise sales, F&I, service, and parts — but at vastly greater scale and geographic diversification.
• Lithia Motors: Lithia Motors is one of the largest public U.S. dealer groups with hundreds of franchises across the U.S. and U.K. It shares Ricart's multi-brand franchise sales, F&I, and service/parts model but operates at significantly greater scale and across multiple geographies.
• Penske Automotive Group: Penske Automotive Group is a global public dealer group with a premium/luxury franchise focus (BMW, Mercedes-Benz, Audi, Porsche) plus commercial truck retail. Comparable to Ricart in offering premium brands and a commercial truck division (Ricart to Business) but with national and international footprint.
• Group 1 Automotive: Group 1 Automotive operates ~200+ dealerships across the U.S. and U.K. with a multi-brand franchise, F&I, and service/parts model directly analogous to Ricart, though at materially larger scale and with broader geographic diversification.
• Hendrick Automotive Group: Hendrick Automotive Group is the largest privately held automotive dealer group in the U.S., operating ~140 franchises across multiple states. Highly comparable to Ricart in private, family-controlled structure and multi-brand franchise mix — though with national rather than single-metro scale.
• Sonic Automotive: Sonic Automotive operates ~150 franchises across 20+ states alongside its EchoPark used-car stores. Comparable to Ricart's combined new-franchise and Ricart Used Car Factory model, though at meaningfully larger scale and across multiple geographies.

Emerging players

• Carvana: Carvana is an online used-vehicle retailer offering home delivery and vehicle vending machines. It overlaps with the Ricart Used Car Factory's market segment and represents the digital/online competitive vector that traditional brick-and-mortar dealers must defend against.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ricartcares
• Facebookfacebook.com/ricartautomotive
• LinkedInlinkedin.com/company/ricartauto

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ricart Automotive Group