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image courtesy of Homestead Holdings

20. Homestead Holdings

  • 2009 Rank: 20 (Last Year: 19)
  • Chief Executive(s): William J. Armstrong
  • Auto Manufactuer: Ford, Toyota
  • Address: 30725 S. Dixie Hwy.
    Homestead, FL 33030
  • Staff: 201
  • Year Started: 1990
  • Website: http://armstrongcars.com
Financial Information
  • 2008 Revenues: $75.0
  • 2007 Revenues: $122
  • Percent Change: -38.52%
In millions unless otherwise stated.

Homestead Holdings is the third largest minority-owned dealership in the state of Florida. Founded by William Armstrong in 1990, the dealership group owns Armstrong Ford and Armstrong Toyota-Scion—Florida’s premier African American-owned Toyota franchise.

The automotive group’s revenues totaled $75 million in 2008—down 38% from last year.

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