Go Back   DealershipForum.com > Regional Forums > South Central Region > Automotive Discussions

Notices

Reply
 
Thread Tools Display Modes
Old 01-06-2015, 02:36 PM   #1
Moshe @ Performance Brokerage Services
Supporting Sponsor
 
Join Date: Sep 2011
Posts: 213
Default Mercedes-Benz & Porsche dealerships sold

We have recently closed on the sale of Mercedes-Benz, Porsche and Sprinter of Fayetteville, in North Carolina.

The dealerships were sold to the Phil Smith Automotive Group based in Florida.

We thank Phil Smith for the opportunity to be of service.

With their latest acquisition, Phil Smith Automotive Group will operate 12 roof-tops and 17 franchises.

We are certain that Phil Smith and his team will turn the latest acquisition into a huge success.

I would also like to take the opportunity and share with you the buyer's comments post closing:

"We had the pleasure of working with George Chaconas and Performance Brokerage Services with our recent acquisition of two high line franchises. We identified the franchises and geographical areas we were interested in growing, and George quickly came back with several opportunities through his contacts that fit our criteria. We would not have known about these opportunities without his involvement. From the introduction to the seller, to the hand off, through the contract negotiating, and throughout the closing George provided whatever assistance we needed from him. As a buyer in today’s competitive market, I highly recommend using Performance Brokerage Services to help you find targeted opportunities to grow your business. Mike Dayhoff, CFO, Phil Smith Automotive Group, Florida."

Moshe Stopnitzky, President
Performance Brokerage Services, Inc.
Auto Dealership Brokers Firm
www.performancebrokerageservices.com
Moshe @ Performance Brokerage Services is offline   Reply With Quote
Old 01-09-2015, 10:35 AM   #2
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,856
Default

Moshe,

Congratulations on another successful transaction for Performance Brokerage Services.

I really enjoyed reading the testimonial from your buyer who indicated that your representative, George Chaconas, was able to provide them with acquisition opportunities they were not even aware of. It reminds me that there is no MLS (Multiple Listing Service) for dealerships and those who are in the market for a new acquisition should contact a broker and express their desires or they may miss out on an opportunity they never knew existed.
XDCX is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Two dealerships sold in Kingman, AZ Moshe @ Performance Brokerage Services Automotive Discussions 1 12-09-2013 01:48 PM
Mercedes Benz of San Luis Obispo Moshe @ Performance Brokerage Services Automotive Discussions 8 05-21-2012 09:03 AM
Two More Burt Dealerships Sold SHACOS Automotive Discussions 3 02-10-2010 09:32 AM
Sonic Automotive reports Mercedes Benz Warranty Work is down 23% XDCX Service 0 02-29-2008 02:45 PM
2009 Mercedes-Benz SL is coming! Rod Barajas Sales 0 01-31-2008 11:28 AM


All times are GMT -7. The time now is 03:06 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016