Sarasota entrepreneur Jesse Biter, who sold a $16 million auto sales software business last year, didn’t sit on the sidelines for long. Indeed, Biter is back — in a big way. Biter and local auto dealership executive Matt Buchanan, son of U.S. Rep. Vern Buchanan, R-Longboat Key, launched a new business, Dealers United. The plan is to build a nationwide network of dealers that will have combined buying power with…
Read MoreSarasota entrepreneur buys Century building
BUYER: Biter Idea Vault LLC (Jesse M. Biter Revocable Trust), Sarasota SELLER: Century Bank FSB PROPERTY: 1680, 1700 and 1711 Fruitville Road, Sarasota PRICE: $2.8 million PREVIOUS PRICE: $2.55 million and $150,000, August 1993 and $172,000, October 1995 FILING FIRM ON DEED: Federal Deposit Insurance Corp., Dallas PLANS, DESCRIPTION: Sarasota businessman Jesse Biter purchased the 41,617-square-foot former Century Bank building on Fruitville Road for $2.8 million. The price equated to…
Read MoreA Big Net
A mid-level manager for AutoTrader asked entrepreneur Jesse Biter a simple question about his future business plans one day while the duo chatted in an Atlanta office building. At the time, Biter’s company, Sarasota-based HomeNet Automotive, did a small amount of work for AutoTrader, a global leader in Internet car sales. HomeNet sells and installs proprietary inventory software for the auto industry. But Biter had grandiose, not simple, plans. He…
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