Gregg Young Automotive Group Acquires Clemons Toyota Ford Lincoln of Ottumwa, Iowa from Joe Clemons
October 1, 2022
Performance Brokerage Services is pleased to announce the sale of Clemons Toyota Ford Lincoln of Ottumwa, Iowa from Joe Clemons to Gregg Young of Gregg Young Automotive Group.
See what the principals had to say:
“I met Paul Kechnie of Performance Brokerage Services a couple years ago and we have since become friends. My store was not for sale, but I told Paul if the right conditions and right buyer came along, I would keep an open mind. Paul delivered. Even when it seemed to fizzle out, Paul kept the train on the tracks, kept everybody focused and calm, and consulted like a friend. The closing went smoothly, and Paul’s buyer was respectful and good to work with, but this deal never would have happened without Paul.”
Joe Clemons, Seller | Clemons Toyota Ford Lincoln
“I have worked with Paul Kechnie of Performance Brokerage Services on several acquisitions, and he is always a true professional and just a great guy too! He had to work hard on finding this one, but he knew I wanted a Toyota store, and he kept digging until he found the right opportunity. We are enjoying working with Toyota and Ford to grow their market share in Ottumwa, Iowa.”
Gregg Young, President | Gregg Young Automotive Group