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Old 09-06-2011, 11:24 PM   #1
XDCX
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Default Announcements from Performance Brokerage Services



This thread will serve as a consolidated location for the announcements Performance Brokerage Services makes on DealershipForum.

A copy of each post is also included in the Automotive Discussions section of the forum and exists as a separate thread so our members can ask questions and/or provide commentary. The purpose of this thread is to list all of Performance Brokerage Service's announcements in a single location so it's easier for our guests to gather information since our guests do not have the ability to search on DealershipForum.

Performance Brokerage Services is a full-line dealership broker that provides services to both buyers and sellers. Their website can be found here: Performance Brokerage Services
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Old 03-06-2012, 01:24 AM   #2
Moshe @ Performance Brokerage Services
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Default Bob Bridge Toyota

We have just closed on the sale of Bob Bridge Toyota Scion in Renton, WA to Michael O'Brien. This acquisition makes O'Brien Auto Group, the largest dealership group in the Northwest.

For the full press release click on the following link:

http://performancebrokerageservices....ion-of-renton/


Moshe Stopnitzky, President

www.Performancebrokerageservices.com
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Old 05-04-2012, 11:11 PM   #3
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Default Gresham Nissan, Oregon

After 4 years we have finally closed on the sale of Gresham Nissan in Gresham Oregon. The seller was Tony DiVito and the buyer was Josh Griffin from WY. We are confident that Josh will turn the acquisition into huge success. We extracted the Nissan from a dualed situation with Subaru and relocated it to the shut down Saturn facility near by.

For the full press release: http://goo.gl/zUvDe

Moshe Stopnitzky, President
http://www.performancebrokerageservices.com
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Old 05-04-2012, 11:28 PM   #4
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Default Mercedes Benz of San Luis Obispo

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
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Old 08-15-2012, 11:08 AM   #5
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Default Discovery Honda & Discovery Ford, WA

We have just closed on the sale of Discovery Honda and Discovery Ford in Moses Lake, WA. Both dealerships were purchased by Bud Clary Auto Group which is based in Longview, WA.

With the latest acquisitions, Bud Clary Group has increased its holdings to 7 rooftops and 11 franchises.

Moshe Stopnitzky, President
Performance Brokerage Services

www.performancebrokerageservices.com
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Old 11-18-2012, 05:35 PM   #6
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Default Burien Honda dealership sold.

We have just closed on the sale of Burien Honda in Burien WA. The dealership was purchased by Greg Rairdon. Greg has plans to immediately begin construction on new facilities. The seller, Jack Enderson has recently passed away. We wish Greg the best of luck and are confident that he will turn the acquisition into a huge success, just like his other dealerships.

With the latest acquisition, Greg Rairdon has increased his holdings in Washington state to 7 rooftops and 8 franchises.

Moshe Stopnitzky, President
Performance Brokerage Services

www.performancebrokerageservices.com
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Old 12-07-2012, 10:12 AM   #7
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Default Barber Brothers Ford sold

We have just closed on the sale of Barber Brothers Ford in Morgan UT.

The dealership was purchased by the Young Automotive Group from Barber Brothers Motor Company.

The Barber family has been legendary in Utah, operating several dealerships for over 50 years.

Both Barber Brothers and the Young Automotive Group share a rich history in Morgan. The Young Automotive Group started in 1924 as Olsen Oldsmobile Chevrolet in Morgan, Utah.

With the latest acquisition, Young Automotive Group has increased its holdings in Utah to 6 rooftops and 10 franchises. The new dealership will run under the name of Young Ford.

We wish Spencer Young and his team the best of luck and are confident that they will turn the acquisition into a huge success.

Moshe Stopnitzky, President
Performance Brokerage Services

www.performancebrokerageservices.com
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Old 12-14-2012, 11:07 AM   #8
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Default Eastside Subaru in Kirkland sold.

We have just closed on the sale of Eastside Subaru in Kirkland, WA. The dealership was purchased by the Gee Automotive Companies, a dealership group based on the east side of Washington.

The dealership has had a long successful history including being number one in the nation in sales volume!

With the latest acquisition, the Gee Automotive Companies increased its holdings to 5 dealerships operating 6 franchises.

We wish George and Ryan Gee and their team the best of luck, and are confident that they will turn the acquisition into a huge success.

Moshe Stopnitzky, President
Performance Brokerage Services
www.performancebrokerageservices.com
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Old 12-21-2012, 11:56 AM   #9
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Default Monarch Ford in Central California sold

We have just closed this week on the sale of Monarch Ford in Central California.
Monarch Ford has been servicing the community at the same location since the 1950’s. The sellers, Paul and Mike Deathriage, have owned and operated the dealership since 1981.

The dealership was sold to Michael Moore.

We wish Michael Moore and his team the best of luck and are confident that he will turn the acquisition into a huge success.

Moshe Stopnitzky, President
Performance Brokerage Services
www.performancebrokerageservices.com
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Old 12-23-2012, 03:19 PM   #10
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Default Two dealerships sold in Tracy Auto Mall

We are pleased to announce that Performance Brokerage Services has just facilitated the sale of two new car dealerships in Tracy, California.

The dealerships changed hands from Mr. Tom Nokes to the Premier Auto Group.

The two dealerships, Hyundai and CDJR, failed during the 2008 economic meltdown and Mr. Tom Nokes, a long time multi-dealer in northern California purchased those and turned them into high volume successful operations.

Last week the dealerships changed ownership again. The new owner is the Premier Auto Group headed by Mr. Troy Duhon. The premier Auto Group is based in New Orleans.

A few years ago, we assisted the group with their first dealership acquisition in California, Poway Toyota. And now, with their latest acquisitions, Premier Auto Group and Troy Duhon have increased their portfolio to 12 dealerships of which 5 are in Louisiana and 7 are in California.

The operating partner in Tracy’s stores will be Tony Pappas who relocated from Florida after 22 years of managing one of the top Hyundai dealerships in the nation.

We wish Troy Duhon and Tony Pappas the best of luck and are confident that they will turn the acquisitions into a huge success.

Moshe Stopnitzky, President
Performance Brokerage Services
www.performancebrokerageservices.com
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Old 01-04-2013, 10:06 AM   #11
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Default A new open point for VW in the Palm Springs area

After being awarded an open point from Volkswagen for Cathedral City, we successfully facilitated a partnership between Mike Murphy and a long-time car dealer, Allen Holzhauer.

Mike Murphy currently owns several dealerships in Oakland, California including a VW store.

Allen Holzhauer has owned many dealerships over the years in Illinois, Saint Louis, Arizona and California.

Allen will act as the operating/financial partner of the dealership.

The dealership has just opened in December in a temporary facility, operating out of the old Saturn location in the auto mall. The plans are to relocate to a brand new Volkswagen “White Frame” building by August 2013. The new facility will be built across the street and will be in-line with Volkswagen’s most recent facility requirements.

Best wishes for Mike and Allen to turn this open point into a huge success.

Moshe Stopnitzky, President
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Old 03-05-2013, 08:21 AM   #12
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Default King Nissan in Bellingham, Washington is Sold by Performance Brokerage Services

King Nissan in Bellingham, WA has just changed ownership. The dealership was purchased by Rick Wilson from Frank King. This NREDI Nissan dealership, in a single point market, will make for a great addition to Wilson Motors which has been operating the Mercedes-Benz and Toyota dealerships in town for many years.

We wish Rick Wilson the best of luck and are confident that he will be able to leverage his reputation in town to turn the acquisition into a huge success.

Moshe Stopnitzky, President
Performance Brokerage Services

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Old 06-19-2013, 08:59 AM   #13
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Default Golden Isles Nissan in Brunswick sold.

We have just closed on the sale of Golden Isles Nissan in Brunswick, GA.

The dealership was purchased from Francis Robberson by Jenkins Auto Group, based in Ocala, Florida.

With the latest acquisition, the Jenkins Auto Group increased its holdings to 6 new car dealerships.

We wish Don Jenkins and his team the best of luck, and are confident that they will turn the acquisition into a huge success.

Moshe Stopnitzky, President
Performance Brokerage Services
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Old 06-19-2013, 09:53 AM   #14
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Default Infiniti of Fort Myers Sold.

We have just closed on the sale of Infiniti of Fort Myers in Fort Myers, Florida.

The dealership was purchased by Automotive Management Services, Inc. and Terry Taylor based out of West Palm Beach, Florida.

The dealership was purchased from John Williams who will continue to own and operate the Toyota and Honda dealerships in Wesley Chapel, Florida.

With the latest acquisition, Terry Taylor and Automotive Management Services, Inc. are up to 44 dealerships including 6 Infiniti locations!

We wish Terry Taylor and his team the best of luck with the latest acquisition.

Moshe Stopnitzky, President
Performance Brokerage Services
www.performancebrokerageservices.com
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Old 07-18-2013, 11:19 AM   #15
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Default Land Rover of Reno, Nevada Sold by Performance Brokerage Services

We have just closed on the sale of Land Rover in Reno Nevada.

Congratulations to the Findlay Automotive Group for their recent acquisition of Scott Motor Company’s Land Rover in Reno, Nevada.

Scott Motor Company was the oldest dealership in the state of Nevada, family owned and operated since 1929.

With over 250,000 population for this single point Land Rover, we are confident that the Findlay Automotive Group will turn the acquisition into a huge success.

The Findlay Automotive Group is Nevada’s largest dealership group with 28 rooftops, including dealerships in Arizona, Idaho and Utah. The Land Rover franchise will soon be relocated next to Findlay’s Audi dealership into a brand new “Gateway” facility to be dualed with Jaguar.

We offer best wishes to Mr. Ben Scott in his semi-retirement.

Moshe Stopnitzky, president
Performance Brokerage Services, Inc.

www.performancebrokerageservices.com
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