Raleigh, NC Dealer closed

Discussion in 'Southeast, The Lair of the Dragon - The Blue Ridge' started by maxjett, Dec 13, 2010.

  1. maxjett

    maxjett Try Me Grasshopper

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    Madison Motorsports closed Saturday, slim chance of reopening. The bankers were there to make sure no super deals were being done.
    #1
  2. xKLR_John

    xKLR_John Been here awhile

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    web site says they're taking a longer than usual Christmas break.

    http://www.matison.com/

    Sounds like you have the story behind the story.
    #2
  3. BHW

    BHW Long timer

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    Closing two weeks before Christmas, one of the busiest selling times of the year, makes no sense. I guess all those little shops selling Chinese knockoffs are hurting their sales of kid's atvs and minibikes?


    I'm sure they've been bleeding money for months. At this rate there won't be a shop left in the Triangle in another year. That's the 3rd big dealer to close in a little over a year.
    #3
  4. fullmonte

    fullmonte Reformed Kneedragger

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    Is Barnetts Suzuki, Ducati still open? I used to get my parts from the dealer in Sanford when I l lived in Raleigh just so I didn't have to step foot in his shop.
    #4
  5. maxjett

    maxjett Try Me Grasshopper

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    Yep Barnett's still open only due to their low overhead not from bike sales but what dealer isn't hurting these days.

    I was told ,Saturday bank people were there at Madisons to make sure inventory was not leaving at discounted prices. Rumor has it owner is getting a divorce and it gets complicated from there!
    #5
  6. zookster

    zookster Chupacabra

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  7. BHW

    BHW Long timer

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    Yep, same place....Matison Motorsports of Raleigh. Closed.
    #7
  8. maxjett

    maxjett Try Me Grasshopper

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    Mechanics were given 15 minutes to pack their tools and leave the building!
    #8
  9. maxjett

    maxjett Try Me Grasshopper

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    A call came in for the Mxxx the owner and Myyy employee (same name) says this is M. It was a realtor in Hawaii where the owner was apparently splitting too. So this was the only tipoff for employees the store was closing.
    #9
  10. maxjett

    maxjett Try Me Grasshopper

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    Its done for sure, the WEBSITE has been taken down.
    #10