09-06-2016, 03:53 PM | #1 |
Supporting Sponsor
Join Date: Sep 2011
Posts: 217
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Another dealership SOLD in ID
We have recently closed on the sale of the CDJR dealership in Ontario, Oregon. The dealership has been operated for many years by Mike and Kim Hanigan.
The buyer was Mr. Todd McCurry (The Auto Ranch Group). I would like to take the opportunity and proudly share with the readers the seller's comments post-closing: "You’ve heard the old saying ‘a friend in need is a friend indeed.’ Well that applies to John Mecham of Performance Brokerage Services. Although I’ve had the good fortune to buy three new car dealerships during my thirty years in the car business, when it came time to sell, I knew I needed help. Enter John Mecham. His calm and confident manner along with his experience as both a broker and a dealer was exactly what I needed. He walked me through the entire process, starting with the gathering of information for the marketing packets…to identifying our best buyer…to helping both sides negotiate and find common ground…and finally, to ensuring we made it all the way to closing. Whether you are a buyer or a seller, you need someone on your side and John is your guy.”– Mike Hanigan Moshe Stopnitzky, President Performance Brokerage Services, Inc. A New Car Dealership Brokers Firm www.performancebrokerageservices.com |
09-08-2016, 03:39 PM | #2 |
Senior Member
Join Date: Sep 2009
Posts: 554
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Congrats to all. Success to buyer and great rewards to seller in a new mode of operation.
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12-20-2016, 09:42 AM | #3 |
Administrator
Join Date: Nov 2007
Posts: 14,869
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Moshe,
Congratulations on another successful transaction for Performance Brokerage Services. It was interesting to read the testimonial from Mr. Hannigan that although he had bought three dealerships over his career he knew he needed assistance when it came time to sell one of his dealerships. Given the complexity associated with finding the right buyer and negotiating the right price I can understand why even a seasoned Dealer Principal would be wise to seek the assistance of a broker. Congratulations to the Hannigans on the sale of their store and much success to Mr.McCurry on his new venture. |
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