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Official sale of several F.X. Caprara car dealerships to be finalized soon

The highly-anticipated sale of the F.X. Caprara car dealerships is reportedly close to being completed. According to the Watertown Daily Times, GPB Capital out of New York City is purchasing the Caprara Chrysler, Kia, and Volkswagen stores in Watertown, as well as the Pulaski Caprara Ford and Chevy locations, and the Chrysler dealership in Alex Bay.

The deals were first signed off on a couple of years ago, but will likely all become final by some point this spring. Charlie Caprara, who owns the F.X. brand with his brother Billy, told the Times the Honda dealership in outer Watertown and the Harley Davidson store in Adams will remain in their family. Further, Charlie is opening F.X. Caprara Imports on outer Washington Street here in the city.

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