Major Dealership Sale Announced
Performance Brokerage Services, a prominent name in dealership buy-sell activities, has successfully facilitated the sale of McGrath Dubuque Harley-Davidson. The dealership's previous owners, Mike and Pat McGrath, have transferred ownership to the enthusiastic buyers, John Jennerjohn and Brody Meier.
About the Dealership
McGrath Dubuque Harley-Davidson is known for its rich history and vibrant community presence. Located on the picturesque banks of the Mississippi River, it offers riders a unique experience with its impressive 53,948 square-foot facility, recently redesigned to reflect the charm of the Historic Millwork District.
A New Chapter for Local Riders
John Jennerjohn and Brody Meier, both passionate motorcycle enthusiasts, have deep roots in Northeast Iowa. Their acquisition of the McGrath dealership allows them to expand their established business presence, as they already own Iron Hill Harley-Davidson in Waukon, Iowa.
Performance Brokerage Services Stands Out
In the past five years, Performance Brokerage Services has played a critical role in the successful sale of nearly 400 dealerships, securing its position as the leading dealership brokerage firm in North America. Key figures in this successful transaction included George C. Chaconas, Courtney A. Bernhard, and Juan C. Pardo, who served as exclusive advisors.
The Future of McGrath Dubuque Harley-Davidson
The newly acquired dealership will be rebranded as Key City Harley-Davidson, reflecting both its location and the commitment of the new owners to honor the local community. They plan to maintain operations at the current facility located at 145 North Crescent Ridge.
Expertise and Integrity
With over three decades of experience, Performance Brokerage Services is recognized for its ethical practices in dealership transactions. The firm provides complimentary estimates and charges success fees only upon the closing of a deal, making it a trustworthy partner for many dealership owners throughout North America.
Comprehensive Service Offering
The firm specializes in various dealership segments, including automotive, RV, powersports, and equipment dealerships. Their approach fosters remarkable customer satisfaction and a high closing rate, crucial factors for both buyers and sellers.
Community Impact and Support
Both new owners cherish their local heritage and view their engagement with the community as paramount. They aim to enhance the motorcycle culture in the area and create a welcoming environment for all riders.
Frequently Asked Questions
Who facilitated the sale of McGrath Dubuque Harley-Davidson?
The sale was facilitated by Performance Brokerage Services, a leading dealership brokerage firm.
What will the dealership be renamed?
It will be renamed Key City Harley-Davidson as part of the new ownership.
Who are the new owners of the dealership?
The new owners are John Jennerjohn and Brody Meier, both experienced riders from Northeast Iowa.
What is the focus of Performance Brokerage Services?
Performance Brokerage Services specializes in buy-sell activities for various dealership types, including automotive and powersports.
How many dealerships has Performance Brokerage Services sold?
They have advised on the sale of nearly 400 dealerships in the last five years, establishing themselves as a top broker in North America.
