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Performance Brokerage Facilitates Sale of Iconic Dealership

Performance Brokerage Facilitates Sale of Iconic Dealership

Performance Brokerage Services Facilitates a Major Sale

Performance Brokerage Services stands as a leader in dealership buy-sell transactions and recently announced the successful sale of San Jose Harley-Davidson. This transfer involved acclaimed figures in the motorcycle business, namely Cliff Chester, who was the seller, and the new owners Mike Genthner and Jess Bettencourt.

A Glimpse into San Jose Harley-Davidson

San Jose Harley-Davidson, strategically positioned in Silicon Valley, ranks among the largest Harley-Davidson dealerships in Northern California. Cliff Chester, the Managing Partner of the dealership, has recognized the unparalleled expertise of George C. Chaconas at Performance Brokerage Services, having previously secured three dealership acquisitions through him.

Challenging Yet Rewarding Transaction

In his commentary, Cliff Chester praised George and his partner Courtney Bernhard for their unwavering support during this complex transaction. The sale represented not only the end of an era for Chester but also a significant opportunity for the buyers to expand their dealership portfolio.

Mike Genthner and Jess Bettencourt: The New Owners

Mike Genthner and Jess Bettencourt, co-owners of Oakland Harley-Davidson, are no strangers to the motorcycle community. Both hailing from California, their backgrounds in family business created a solid foundation for their futures. Their love for motorcycling paved the way towards acquiring Oakland Harley-Davidson, and now they are thrilled to take on San Jose Harley-Davidson as well.

Expanding Their Reach

Genthner and Bettencourt's acquisition marks a strategic move to enhance their operations and solidify their presence in the marketplace. They are deeply involved in managing their dealership, ensuring customer satisfaction while also fostering community ties.

Performance Brokerage Services: A Trusted Partner

Over the past five years, Performance Brokerage Services has excelled as a leading dealership brokerage firm, successfully advising on the sale of over 300 dealerships. George C. Chaconas, in partnership with Courtney A. Bernhard, served as the exclusive sell-side advisors for this important transaction.

A Smooth Transition

George expressed pride in representing Cliff Chester during this significant sale, foreshadowing exciting developments for the new owners that prioritize community and service. With a robust background in dealership operations, both Mike and Jess are optimistic about the path ahead.

Comprehensive Services Offered

Performance Brokerage Services aims to provide unparalleled dealership brokerage services with outstanding results over 30 years of experience, having facilitated the sale of more than 900 dealerships with a remarkable 90% closing rate. Their goal is to implement an ethical and transparent process that includes free estimates and cost-free valuation prior to a transaction.

National Presence with Local Expertise

Headquartered in Irvine, California, and supported by a network of regional offices across various states and provinces, Performance Brokerage Services effectively combines national exposure with localized representation. This comprehensive strategy enhances their service offerings while maintaining strong relationships within the industry.

The company prides itself on its extensive connections, which include a trusted network of attorneys, accountants, registered buyers, and significant ties with numerous vehicle manufacturers, ensuring clients receive the best possible service.

Frequently Asked Questions

What services does Performance Brokerage Services offer?

Performance Brokerage Services specializes in dealership buy-sell activity, providing comprehensive brokerage services for various types of dealerships.

Who were the parties involved in the sale of San Jose Harley-Davidson?

The sale involved Cliff Chester as the seller and Mike Genthner along with Jess Bettencourt as the buyers.

How long has Performance Brokerage Services been in operation?

Performance Brokerage Services has over 30 years of experience in the dealership brokerage industry.

What is the closing rate of Performance Brokerage Services?

The firm holds an impressive 90% closing rate on transactions.

Where is San Jose Harley-Davidson located?

San Jose Harley-Davidson is located at 1551 Parkmoor Ave, in San Jose, California.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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