About Performance Brokerage Services
An Automotive and Powersports Dealership Brokerage Firm
Offering a desperately needed new approach to dealership brokerage and intermediary services to auto and motorcycle dealerships.
In recent years, the market conditions have shaken the automotive industry to its core. For many car and motorcycle dealers, in order to stay viable in this business, it meant major changes and shifts in their business models. At that time, buy/sell transactions were also more difficult to consummate due to unstable business valuations, larger gaps between sellers’ needs and/or expectations vs. buyers’ willingness to pay the price, a substantial decline in dealership real estate values, realignment of franchises, manufacturers’ facility requirements and lack of business financing including new and used vehicle flooring. Those contributed to a limited buy/sell activity in the market place.
You would think that the dealership brokers would have been forced to change with the times as well. But it did not. The brokerage community is notorious for over promising and under delivering. Car dealership brokers were grabbing as many clients as they could, and while trying to serve too many, were unable to give the client/project the attention it deserved. Wedded and stubbornly grounded in old business models, it did not respond quickly enough or in many cases, not at all. Unsurprisingly, it remained rigid and slow to react. And to top it all off, the fees became unrealistically high and often got in the way of the deal!
Responding to those needs and the new market conditions, Performance Brokerage Services adapted to our ever-changing industry. Understanding that a new attitude is required in the current business environment, we will tailor our services to your unique and personal needs.
Offering a Fresh Approach:
- No upfront fees.
- No reimbursement of any costs.
- A success fee only – we get paid only after the transaction closes.
- Free dealership assessment, evaluation and enterprise valuation.
- A smaller client base for all agents, and therefore a greater focus on you.
- A single agency representation rather than dual agency, if you so choose.
- Vigilant protection of confidentiality during the selling or buying process.
- Loyal, dedicated and unwavering representation.
- Regular updates on the activity flow of the buying or selling process.
- Your accountant and attorney will be made part of the buying or selling team early on.
- Simpler and much more flexible engagement agreements.
- Much lower and flexible fees than our competitors. As much as 50% lower.
With a highly experienced team of qualified agents, we offer uncompromised quality. The key principals at Performance Brokerage Services have been personally involved as intermediaries in over 400 transactions including automobile and motorcycle dealerships, franchises and general businesses.
Benefiting from our 23 years of experience, you may also tap into our national network of automotive attorneys and accountants, hundreds of registered and active buyers and our longstanding relationships with most of the manufacturers.
With our finger steadily on the national market’s pulse, we welcome your call to discuss the current market conditions, browse our acquisition opportunities, for an expert’s opinion on a specific situation you may be facing or contemplating, or just to get acquainted. We are here to help! You may also send us an e-mail and we will reply promptly.
Headquartered in Irvine, California, and supported by our three regional offices, Performance Brokerage Services offers you national exposure with local representation. Our office in Utah is headed by a Hall of Fame car dealer, Mr. John Mecham. Our Northeast office is located in Paramus, New Jersey and our Southeast office is located in Tampa, Florida.
Our pledge to you: All communications will be held in the strictest of confidence. No exceptions! We understand the sensitivity to confidentiality as it is the cornerstone of our business.
We know you have a choice. We want to earn your business. We pledge to do it right. Every time, one client at a time!
Moshe Stopnitzky, President