NAMAD - Performance Brokerage Services

Join us for the 44th NAMAD Annual Membership Meeting

Performance Brokerage Services is proud to be a long-time sponsor of NAMAD, having assisted countless NAMAD Members with the purchase and sale of dealerships.

Don’t miss our workshop: “The Keys to a Successful Buy-Sell: A Panel of Your Dealer Peers & Advisors”, on Wednesday, August 21 at 3pm in the Sparkle East Room.

Are we finally entering the new normal? Gain insight on the current buy-sell market conditions, understand how dealerships are being valued post-COVID, and obtain the keys that can ensure a successful transaction. If you are considering a purchase or a sale in the near future, this is the place to start. Join our experts and your NAMAD dealer peers for a panel discussion.

With over 900 dealerships sold and a 90% closing rate, we are North America’s highest volume dealership brokerage firm. Our experience is unparalleled and our reputation is governed by the utmost integrity and ethical conduct.

Our team will be onsite for the entire conference and available to answer your most pressing questions. Or you may send us a message to schedule a private meeting.

MESSAGE US

30+

Years Experience

900+

Dealerships Sold

90%

Closing Rate

Our Team at NAMAD

Many of our team members from across the country will be onsite at NAMAD and look forward to meeting you!

Senior Partner, CBI/M&AMI

Partner, Business Development

NAMAD Featured Transactions

Sold

Gordon Chevrolet sells to Malcolm Cunningham with Performance Brokerage

Gordon Chevrolet
Augusta, Georgia

Acquired by Malcolm Cunningham from Gordon Stewart

Seller

Buyer

Sold

Bohn Ford
Harvey, Louisiana

Acquired by Damian Mills from Group 1 Automotive

Seller

Buyer

Sold

Perry Ford of Poway
Poway, California

Acquired by Vikas Mehandroo from Perry Auto Group

Seller

Buyer

Sold

Alice Chevrolet Buick GMC sells to Mike Terry with Performance Brokerage

Alice Chevrolet Buick GMC
Alice, Texas

Acquired by Mike Terry from Pete Ganis.

Buyer

Sold

Rancho Motor Company sells to Jacob Soares with Performance Brokerage

Rancho Motor Company
Victorville, California

Acquired by Jacob Soares from John Wilkins & Cathy Wilson.

Buyer

Sold

Bossier CDJR
Hillsboro, Texas

Acquired by Mike Terry from Bob Crow.

Buyer

Sold

Plaza CDJR
Orangeburg, South Carolina

Acquired by Tony Thomas from Joseph Nolette.

Buyer

Sold

Anderson Chevrolet
Lake Elsinore, California

Acquired by Vikas Mehandroo from Jason Anderson of Anderson Automotive Group

Seller

Buyer

Sold

Lake Elsinore Ford sells to Aaron Automotive Group with Performance Brokerage

Lake Elsinore Ford
Lake Elsinore, California

Acquired by Aaron Automotive Group from Edgar Castellanos.

Seller

Buyer

Testimonials

George Chaconas of Performance Brokerage Services was introduced to me by a mutual automobile dealer friend. I met George at the National Automobile Minority Automobile Dealers (NAMAD) annual meeting in Miami Beach to discuss the current market conditions and buying and selling of automobile dealerships. I found George to be very informative, knowledgeable, transparent, open and honest, and felt comfortable to work with him in the future. Since our meeting, George and I developed a strong relationship where he advised me on my recent sale of my Chrysler Dodge Jeep Ram store of Madison, Georgia. In the meantime, George introduced me to Gordon Chevrolet in Augusta, Georgia and initially, I passed on it. George continued to suggest that I revisit the opportunity and with his persistence and perseverance, I decided to go visit the seller at his dealership in Augusta. After my visit, I realized that this was a great opportunity for me. George helped me understand the potential upside, negotiate the transaction and purchase the dealership. Without George’s tenacity and follow up, I would not have realized what a perfect fit this store was for my dealership group. Thank you very much, and I look forward to working with you in the near future. I would highly recommend George of Performance Brokerage Services to anyone who is in the market to buy or sell an automobile dealership.

Malcolm Cunningham

Malcolm Cunningham Auto Group, Georgia

Testimonials

Jason Stopnitzky and Performance Brokerage Services are one of the major reasons we are where we are today. They helped us purchase our first dealership 18 months ago and we have now wrapped up our third one with them. The fact that Jason called me back when I was looking to buy my first store, with no prior experience of ownership, and spoke with me for almost an hour to understand my needs and situation, tells you everything you need to know. I am forever thankful and owe Jason and Performance Brokerage Services a lot more than these words. Jason is not your typical broker. He is more like a 5-star, personal concierge service who truly cares about you. The team at Performance Brokerage Services handles their clients like family. They are available, willing to listen, and able to work through tough situations. There are no easy deals, yet with Performance Brokerage, it all becomes easy. They are consummate professionals. If it were up to me, I would do all my deals with them. They don’t play games, there are no surprises, and they keep it real. I’m sure these are traits learned from Moshe Stopnitzky, Jason’s father, who is the founder of the company.

Vikas Mehandroo

President, Aaron Auto Group

Testimonials

I had the pleasure of working with Paul Kechnie to acquire my first store in Mexia, Texas. Paul was helpful in not only finding me the right store, but also sharing his knowledge and expertise throughout the process. Paul and his team kept in constant communication, answered any questions I had and did so in a timely, ethical and professional manner. It was a pleasure to work with Performance Brokerage Services and I will most certainly call them again.

Mike Terry

Dealer Principal

Testimonials

I would like to thank and highly recommend Performance Brokerage Services for helping with this acquisition. George Chaconas and Courtney Bernhard worked hard to identify the type of opportunity I was looking for and provided excellent communication during the process. I look forward to working together on future deals.

Tony Thomas

Plaza CDJR, South Carolina

Testimonials

Jason Stopnitzky and Performance Brokerage Services helped make a childhood dream come true. Jason worked with me through thick and thin to make this transaction go through. I will utilize Performance Brokerage Services hands down for every buy sell transaction that I go through. Without Performance Brokerage’s diligence and ability to navigate the waters of the buy sell seamlessly, this deal would have never happened. I am confident no other brokerage firm would have been able to accomplish this for me. A truly special brokerage firm that treats you like family and actually cares about your interest. If you ever need a recommendation please call me anytime and I will be happy to share with you my experience.

Jacob Soares

Victorville Chevrolet Cadillac, California

Testimonials

I have known George Chaconas of Performance Brokerage Services for almost ten years since he became an active member of NAMAD. It was a pleasure to finally work with George to acquire Bohn Ford in Harvey, Louisiana from Group 1 Automotive. He was very professional, always available and instrumental in helping get this buy-sell done. I highly encourage you to reach out to George and his team at Performance for all your buy-sell needs.

Damian Mills

Mills Automotive Group

Testimonials

We enjoyed working with George Chaconas and the team at Performance Brokerage Services. George is a consummate professional, one of the most experienced brokers in the industry and has become a great friend throughout our years of working together. We look forward to working with George and his team again in the future. Damian Mills is building one of the foremost dealer groups in the country and both he and his team were great to work with throughout this process. We wish them the best of success in New Orleans and beyond.

Jamie Albertine

VP of Corporate Development, Group 1 Automotive

Testimonials

My journey started 36 years ago, and throughout that journey, I’ve had the privilege of meeting some great individuals that have made a tremendous impact on my career, paving the way to much success. So, when the time came to start my new journey in creating my own generational prosperity and legacy, I started the search to find a strong and well-respected brokerage. The search ended when I was introduced to Matt Wilkins with Performance Brokerage Services. The moment we connected with Matt, he truly embodied all the things that were important to me, and he immediately started working to help identify opportunities. And along the way, he has not only advised and guided me to my first purchase but has taken the time to connect me with others to fulfill my goal of ownership. I can, with the utmost respect and confidence, not only recommend Matt, but also encourage all those that have shared the same goals of ownership to take the bold steps and move forward, knowing that choosing Matt will be the right decision and will give you the individual you want in your corner.

Young Park

Testimonials

Over the years I heard of the work done by Moshe Stopnitzky, from friends and business associates. When it came time for me to sell two dealerships, I interviewed him and he interviewed me. We agreed on the conditions of a relationship, which resulted in the sale of the dealership at a fair price to seller and buyer. Later, another dealership sale was completed by Moshe. My first call would always go to Performance Brokerage Services.

Ed Fitzpatrick

Fitzpatrick Dealership Group, California

Why Should I Hire a Broker?

A dealership often represents the majority of a family’s net worth and should be handled with care by an experienced broker. We actively manage the buy-sell process from beginning to end. We help you establish an asking price consistent with the market conditions and latest trends, develop a custom-tailored marketing strategy to identify the buyers most qualified to meet your specific goals, negotiate from a position of strength to maximize the value of your business, guard your confidentiality, guide you through the complexities of the transaction, and assist with the due diligence stage and through the closing, while ensuring that your best interests are protected. We are a full-service brokerage firm, by your side every step of the way.

Why Is PBS Different?

With PBS, you can expect the full force of a powerhouse brokerage firm with a personal touch. Family-owned and operated, we ensure that every client gets the proper attention he or she deserves, treating our clients like we would our own family. Our reputation is governed by the highest level of integrity and ethical conduct. These core values run deep throughout our firm and are the foundation for our success. As such, you can trust that your best interests are always at the forefront of our actions.

Experience the difference!

We charge a success fee only with no upfront fees and no retainers.

Our engagement agreements are straight-forward, flexible, and with no fine print.

We do not hoard listings to build an inventory.

We work hard to accomplish the unique goals of our clients.

With a 90% closing rate, we actively manage the process to ensure its success.

We provide regular updates on activity flow and expert guidance at every step.

Having genuine care for our clients, they often become our friends in the end.

Understanding these are life changing decisions, we take a no-pressure approach. Your satisfaction is our top priority and you will not be disappointed.

What Are Your Fees?

While providing an unmatched quality of service and a higher closing rate, we offer a competitive and reasonable fee structure. We do not charge any retainers nor upfront fees like most other brokerage firms. We do not expect any reimbursement of marketing or travel costs. We charge a success fee only, paid at closing and after you are paid.

How Do You Maximize Value?

The sale of your business is the last opportunity for the assets to generate income for you. We work hard to maximize the value on your behalf.

Earnings Adjustments: We adjust the earnings to reflect discretionary and one-time expenses, which enhances the representation. We factor the upside potential, a host of intangible variables, and the market trends that further influence the value.

Asset Adjustments: Accounting for accelerated depreciation, assets that are not booked, and varying valuation methods, the value of your assets may be significantly higher than book value.

Expert Negotiations: We negotiate on your behalf from a position of strength as industry experts with local market familiarity, utilizing an unmatched amount of data from national transactions across our 10 offices.

The Deal Flow: Creating a competitive environment among multiple buyers ensures you receive fair market value. Buyer’s decision to buy is validated knowing others are also interested. A sense of urgency and fear of loss are introduced, expediting the process and ensuring timely performance and continued fair negotiations.

How Long is the Process?

The sales cycle from engagement to closing ranges on average from 6-8 months. How do you expedite the process? Early preparation of your dealership for a sale. Establish an asking price consistent with market conditions. Maintain clean books and records. Involve specialized attorneys and accountants. Utilize an experienced dealership broker to identify a unique and motivated purchaser, and to help you avoid pitfalls and delays.

NAMAD Conference

Join us for the 44th NAMAD Annual Membership Meeting

Our Team at NAMAD

NAMAD Featured Transactions

Testimonials

Testimonials

Testimonials

Testimonials

Testimonials

Testimonials

Testimonials

Testimonials

Testimonials

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