Go Back   DealershipForum.com > Regional Forums > Southwest Region > Automotive Discussions

Notices

Reply
 
Thread Tools Display Modes
Old 11-21-2013, 04:44 PM   #1
Moshe @ Performance Brokerage Services
Supporting Sponsor
 
Join Date: Sep 2011
Posts: 217
Default The iconic Fremont Ford in N. California sold.

Performance Brokerage Services is pleased to announce the successful sale of Fremont Ford in Newark, California to Mike Patel.

The seller, Mr. Steve Hallock, has been in the car business for over 40 years and has owned and operated several dealerships throughout the East Bay in northern California.

Fremont Ford was acquired by Mr. Hallock in June 2005 when the dealership was on the verge of a bankruptcy. Mr. Hallock built an incredible team which helped him in creating an iconic Ford dealership in that area.

Mr. Hallock decided to retire from automotive retail. We wish him the best of luck in his future business endeavors.

Moshe Stopnitzky, President
Performance Brokerage Services, Inc.
www.performancebrokerageservices.com
Moshe @ Performance Brokerage Services is offline   Reply With Quote
Old 11-22-2013, 11:50 AM   #2
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,869
Default

Moshe,

Congratulations on another successful transaction for Performance Brokerage Services.

It's great to hear that Fremont Ford was able to survive the recession and has now been sold to a new owner as a successful/viable dealership. I know that Northern California was hit hard by the recession and the collapse of the real estate market and a lot of good dealers were not able to survive the downturn.

Congratulations to Mr. Mike Patel and I wish him and his team great success with their new acquisition.
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
Monarch Ford in Central California sold Moshe @ Performance Brokerage Services Automotive Discussions 1 12-24-2012 10:38 AM
Barber Brothers Ford sold Moshe @ Performance Brokerage Services Automotive Discussions 3 12-12-2012 09:01 AM
17 Ford Stores have closed in California this year XDCX Automotive Discussions 12 10-30-2008 02:30 PM
Ford Closes Five Stores in Southern California XDCX Automotive Discussions 2 03-18-2008 09:39 AM
Maine Ford Dealer battling with Ford Motor Credit XDCX Automotive Discussions 0 01-17-2008 02:30 PM


All times are GMT -7. The time now is 01:44 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016