Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Win Hyundai in Carson, California from Jerry Heuer and Hani Nassif to Brandon Steven.
Jerry Heuer and Hani Nassif, both veterans in the automobile industry, have been friends for many years. Heuer, former President of Bill Adkins’ Southern California Auto Group, stayed onboard after the company was acquired by AutoNation in 1998 and continued to manage nearly 60 dealerships for the retail giant. In 2010, after the Great Recession, Heuer and Nassif partnered up to revive the Chevrolet dealership in Carson, California. They later added Hyundai to the 10-acre campus that sits right along the 405 Freeway in the heart of the city. The partners continued to invest in the business and built state-of-the-art facilities for both dealerships. They were able to transform a shuttered Chevrolet facility into a thriving dealership that generated nearly $250 million in revenue, selling nearly 5,000 retail units annually.
Following the sale, Heuer commented “After closing on the sale of our Win Chevrolet and Win Hyundai dealerships, I can’t say enough about the added value that Jason Stopnitzky of Performance Brokerage Services brought to the table. From finding the perfect buyer, to his ability to shepherd the very complicated deal to a closing. In an age where truth, honesty, and integrity are often bent, Jason has demonstrated that character is not lost. It’s not often that people do exactly what they say.”
Over the last 5 years, Performance Brokerage Services has advised on the sale of over 300 dealerships, making it the highest volume dealership brokerage firm in North America. In 2021, the company consummated 72 transactions, and is pacing over 100 transactions for 2022, marking a record-breaking year. Jason Stopnitzky, the exclusive agent for this transaction and the Co-Founder of Performance Brokerage Services commented, “After more than 24 years of helping my friends buy and sell dealerships, this one will always hold a special place in my heart. It was an honor to be a part of a true legacy transition and passing of the torch. I was blown away watching these parties in action, and the hard work and dedication they displayed to get this deal to the finish line. I consider Jerry and Hani to be legends in the automotive industry, and I am grateful for the opportunity to have helped them through this monumental event in their lives.”
The dealership was acquired by Brandon Steven of Brandon Steven Motors, which was established in Wichita, Kansas in 1996. After consistent growth in Kansas and Missouri, the group expanded west in 2020, with the acquisition of Honda of Downtown Los Angeles. The group has since rapidly expanded in Southern California, with this acquisition marking their 7th dealership in the state.
Stopnitzky added, “I have no doubt that under Brandon Steven’s leadership, the Hyundai dealership is destined for great things.”
The dealership has been renamed Carson Hyundai.
Jerry Huer and Hani Nassif were represented by Les Chayo of Chayo Law in Beverly Hills, California.
Brandon Steven was represented by Brian Nolen.