Ray Brandt Automotive Group acquires Preston Hood Chevrolet in Biloxi, Mississippi from Preston Hood. This was a perfect strategic acquisition for Ray Brandt to expand and diversify his dealership portfolio. This acquisition marks the first Chevrolet dealership in the group and the group’s only domestic dealership in Mississippi. This transaction was exclusively facilitated by Performance Brokerage Services, Inc.
Dealership Sold
Preston Hood Chevrolet
Biloxi, Mississippi
Seller:Preston Hood
Buyer:Ray Brandt Automotive Group
“I contacted George Chaconas to discuss selling one of my automotive dealerships, as I was considering slowing down. I felt very comfortable with him and his experience. After our first buyer walked away, he immediately identified another highly qualified buyer. After a lot of very difficult negotiations, we entered into an agreement. George did a fantastic job keeping me and the buyer on course as it took a lot of hard work, patience and diligence. I am very happy with the outcome and pleased to have hired him. I would highly recommend George Chaconas and Performance Brokerage Services!”
Preston Hood
Preston Hood Chevrolet of Fort Walton Beach, Florida
It was a pleasure to work with George Chaconas in acquiring Hood Chevrolet. He was very diligent, honest and professional. If it wasn’t for his help and tenacity, this deal would not have happened. I would definitely recommend George Chaconas and Performance Brokerage Services. Thank you very much.
Raymond Brandt
Ray Brandt Automotive Group