Dealership Sold

South Tacoma Honda

Tacoma, Washington
South Tacoma Honda sells to Tacoma Automotive Holdings, LLC. with Performance Brokerage

Performance Brokerage Services, an automobile dealership broker, announces the successful sale of South Tacoma Honda in Tacoma, Washington from McCarroll Enterprises, Inc. to Tacoma Automotive Holdings, L.L.C. an affiliated company of the Gee Automotive Companies. This closing marks the 40th transaction consummated by the principals of Performance Brokerage Services in Washington State.

Established in 1983 as a Pontiac dealership in Spokane, Washington, Gee Automotive Companies currently consists of multiple dealerships in eastern and western Washington as well as northern Idaho. Consistently a leader in sales volume and customer satisfaction, Gee Automotive Companies attributes much of its success to the fundamental beliefs of its founder, George Gee and his business philosophy of creating a business of families serving families, offering unsurpassed customer service and giving back to the community that has given you so much.

After buying the South Tacoma Honda dealership, located at 7802 South Tacoma Way, President and dealer operator, Jeff Jackson commented, “It’s a winner! Without the outstanding efforts of Performance Brokerage Services, this deal would never have happened.” Ryan Gee, CEO of Gee Automotive Companies and son of founder, George Gee, said, “I have found both Moshe Stopnitzky and Jason Stopnitzky of Performance Brokerage Services to be extremely hard-working, honest and diligent. Both gentlemen are extremely knowledgeable and have a passion for what they do.”

Ed J. McCarroll, President of McCarroll Enterprises, Inc., began his career as a new car dealer in 1965 when he purchased Capitol City Chevrolet in Olympia, Washington. He would eventually own numerous dealerships including Toyota, Mercedes-Benz, Acura, Nissan, Chrysler and the subject Honda dealership. By building four dealerships in Olympia Auto Mall, Mr. McCarroll was an integral part of the construction of that auto mall, currently the largest auto mall in Washington.

Regarding the future buyer for his South Tacoma Honda dealership, Partner, Ronald Loper stated, “We wanted a buyer who would not only carry on our commitment to our customers, but also appreciate the success of our entire team of employees.” After selling the car dealership, Mr. Loper commented on the high quality service he had received from auto dealership broker, Performance Brokerage Services, “Confidentiality was carefully and successfully guarded during the entire transaction. They did what we asked and what they said they would do. They delivered!”

Ed J. McCarroll’s daughter will continue to own and operate Capitol City Honda in Olympia, along with his son-in-law.

In 2012, American Honda Motor Company awarded Ed J. McCarroll the 40 year award in recognition of being a Honda dealer for 40 years. In 2013, Ed received the “Robert P. Mallon Dealer of the Year” award from the Washington State Auto Dealers Association (WSADA). The award recognizes the recipient’s contributions to the auto industry, quality dealership operations and outstanding community service.

Moshe Stopnitzky, President of Performance Brokerage Services and the representative for this transaction stated, “South Tacoma Honda has had a long history of being a first class dealership, respected by its customers. I am confident that the Gees and their affiliated company will be able to capture that goodwill and carry on its reputation of excellence. This transaction also represents a milestone for Performance Brokerage Services, Inc. The sale of this dealership marks the 40th transaction for the principals of the company, in the state of Washington alone. It gives us great pleasure to celebrate such an achievement, while working with first class clients on both sides of the isle such as Ed McCarroll, Ronald Loper, Ryan Gee and Jeff Jackson.”

Seller:Ed. J. McCarroll
Buyer:Tacoma Automotive Holdings, L.L.C

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