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Thursday, March 11, 2010

Sale looms for Harley dealership

Off the Wire
A bankruptcy judge in Spokane next week is expected to set a date for selling Spokane’s only Harley Davidson dealership, plus three more stores in Walla Walla, the Tri-Cities and Lewiston.

John Michial Shumate and his wife, Jennifer Shumate, filed for bankruptcy last fall. In documents the Tri-Cities couple say they’ve racked up than $10 million of debt.

Their first motorcycle shop, in Kennewick, was a Harley Davidson and Buell dealership.

In 2004 the couple took over Spokane’s sole Harley Davidson dealership, at 6815 E. Trent Ave.

Original article...

http://www.spokesman.com/stories/2010/mar/10/sale-looms-for-harley-dealership/