Performance Brokerage Services Facilitates Covina Hills Chevrolet Sale
Performance Brokerage Services, a leader in dealership buy-sell activity, has successfully facilitated the sale of Covina Hills Chevrolet from Jim Ross to Braeden Mueller. This transaction marks another achievement for Performance Brokerage Services in supporting dealership transitions.
As the highest volume dealership brokerage firm in North America, Performance Brokerage Services prides itself on its high standards and ethical practices. The company has successfully advised on the sale of nearly 400 dealerships over the last five years, which underscores its reputation in the automotive market.
Covina Hills Chevrolet, which serves customers in the San Gabriel Valley and surrounding areas, was established by Jim Ross, who also operates Chevrolet of Puente Hills and Ford of Montebello. Jim has a long-standing commitment to the communities he serves, focusing on integrity and customer care throughout his career.
The Transfer of Ownership
The sale to Braeden Mueller highlights the dedication and enthusiasm he brings to the automotive business. With significant experience in dealership operations, Braeden understands the industry dynamics and is well-prepared to lead Covina Hills Chevrolet into its next phase of growth.
Jason Stopnitzky and Jesse Stopnitzky, co-founders of Performance Brokerage Services, played a crucial role as exclusive sell-side advisors for this transaction. Jason commented on the importance of the deal, noting how impactful the dealership has been to Jim Ross and the surrounding community. He expressed gratitude for facilitating a connection between two respected figures in the industry.
Moving Forward with New Leadership
As Braeden Mueller takes the helm, he is committed to maintaining the dealership's legacy while implementing new strategies to enhance its operations. His extensive industry knowledge position him well for success, as he aims to expand the services and reach of Covina Hills Chevrolet.
Expertise in Dealership Transactions
Performance Brokerage Services' approach to dealership brokerage is characterized by their ability to offer complimentary estimates of value, ensuring clients receive insightful evaluations without upfront costs. This model has contributed significantly to their 90% closing rate over the years.
The company’s headquarters in Irvine, California, along with 12 regional offices across the United States and Canada, ensures that clients benefit from both national exposure and personal representation in local markets.
About Performance Brokerage Services
Performance Brokerage Services, Inc. is committed to upholding the highest standards in dealership transactions. With over 30 years of experience and nine hundred dealerships sold, they are experts in the field, offering tailored solutions to meet diverse client needs.
The company utilizes a robust network of industry professionals, including attorneys and accountants, combined with relationships built with various vehicle manufacturers. This network enhances their capacity to facilitate successful transactions that are beneficial for all parties involved.
Frequently Asked Questions
What does Performance Brokerage Services specialize in?
Performance Brokerage Services specializes in dealership buy-sell activities across the automotive, RV, commercial truck, and equipment sectors.
Who were the advisors for the Covina Hills Chevrolet sale?
Jason Stopnitzky and Jesse Stopnitzky from Performance Brokerage Services acted as the exclusive sell-side advisors for this transaction.
What is the company’s closing rate?
Performance Brokerage Services boasts an impressive 90% closing rate, reflecting their effective brokerage practices.
Which locations does Performance Brokerage Services cover?
Headquartered in Irvine, California, Performance Brokerage Services operates throughout the United States and Canada, providing local representation with national appeal.
What is the significance of Covina Hills Chevrolet?
Covina Hills Chevrolet has a strong presence in the community, offering dedicated service and representing a legacy of quality under its former owner Jim Ross and current leader Braeden Mueller.
