We have just closed on the sale of the Mercedes Benz dealership in San Luis Obispo, CA. The seller was Mr. James Kimball who has owned it for
over 50 years! The original buyer we had the contract with was a prominent CA dealer who owns 6 very successful dealerships. However, Mercedes Benz exercised its right of first refusal and assigned the contract to Mr. Charlie A. Alfano who used to be a field representative for Mercedes Benz in the early 90's. Afterwards Mr. Alfano managed a Mercedes dealership for AutoNation in southern CA. New facility is required, and we wish Mr. Alfano the best success with his new acquisition.
For the press release:
http://goo.gl/ECTJ2
Moshe Stopnitzky, President
http://www.performancebrokerageservices.com