Performance Brokerage Services Facilitates Successful Deal
Performance Brokerage Services, renowned in dealership buy-sell activity, announces a significant transaction with the sale of Dick Masheter Ford from Bob Masheter to Oleg Kislyansky of Drive Choice. This successful deal underscores the effectiveness of Performance Brokerage Services in the automotive dealership landscape.
A Legacy of Passion and Commitment
Dick Masheter Ford, established by Richard "Dick" Masheter in 1967, has a rich history. A veteran of the U.S. Air Force, Dick had an unwavering love for automobiles, which led him to open the dealership. In 1981, his son Bob joined the family business and soon took over operations, ensuring that the dealership became a vital part of the community for over five decades.
Gratitude for Support
Reflecting on the sale, Bob Masheter expressed his gratitude towards Mark Shackelford, Sr. and Mark Shackelford, Jr. of Performance Brokerage Services for their unwavering assistance. He noted their professionalism and dedication throughout the selling process, highlighting how enjoyable it was to work alongside them.
Performance Brokerage's Remarkable Record
In the past five years, Performance Brokerage Services has completed nearly 400 dealership sales, establishing itself as North America's leading dealership brokerage firm. The team behind this transaction included industry experts like Paul Kechnie, Mark Shackelford, Sr., and Mark Shackelford, Jr., along with their Northeast Office counterparts. Together, they served as exclusive advisors for this significant sale.
A Positive Transition
Mark Shackelford, Sr. shared his excitement about the transition of Dick Masheter Ford, now Capital Ford of Columbus. He praised Bob Masheter for his integrity and expressed heartfelt wishes for Bob and his wife, Christie, as they embark on their retirement journey. The commitment from the new owner, Oleg Kislyansky, also promises a bright future for the dealership.
Drive Choice: Growing Reputation
Drive Choice is not just an impressive name; it represents 10 dealerships across states like Ohio, New Jersey, and Florida, offering various automobile brands including Honda, Hyundai, and Kia. Kislyansky acknowledged the reliability and honesty of the Performance Brokerage Services team during the negotiation period and found their professionalism refreshing compared to the industry's norms.
Future Directions for Capital Ford
Now operating under the new name, Capital Ford of Columbus, the dealership will continue serving its community at the same location on South Hamilton Road. This change marks a new chapter for both the dealership and the newly formed management team.
A Trusted Brokerage Firm
Performance Brokerage Services, Inc. has solidified its reputation in North America as the top dealership brokerage firm. With over 30 years of experience, the firm boasts a remarkable closing rate and an extensive portfolio of successful transactions.
Its unique approach, offering complimentary valuations without upfront costs, distinguishes it from competitors. By handling every transaction with ethical practices, they ensure a smooth experience for their clients.
Expansive Reach
Based in Irvine, California, Performance Brokerage Services operates with 12 regional offices throughout the United States and Canada. This network allows clients to benefit from local insights while enjoying national visibility.
The company's clout comes from its established relationships with industry professionals, including attorneys and accountants, coupled with a dedicated pool of registered buyers. Their expertise in various vehicle markets, including automotive and powersports dealerships, showcases their versatility in handling diverse transactions.
Frequently Asked Questions
What is the significance of this sale?
This sale signifies the transition of a well-established family business to a new owner, ensuring continued service to the community under a trusted name.
Who were the key players in this transaction?
The transaction featured key figures from Performance Brokerage Services, including Mark Shackelford, Sr., Mark Shackelford, Jr., and Paul Kechnie, who acted as exclusive sellers' advisors.
What can be expected from Capital Ford of Columbus?
Capital Ford of Columbus is expected to maintain its existing customer relations and continue to thrive in the automotive market under the new ownership.
What makes Performance Brokerage Services different?
Performance Brokerage Services is known for its ethical approach, offering no upfront fees while prioritizing client satisfaction through a successful transaction environment.
How long has Performance Brokerage Services been in business?
With over 30 years of experience, Performance Brokerage Services has successfully facilitated numerous dealership transactions, establishing a solid market reputation.
