Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Nissan of Tustin in Tustin, California from Tim Hutcherson to David Massoudi.
Nissan of Tustin is a proud recipient of the Nissan Award of Excellence which recognizes employees and dealerships who consistently deliver outstanding results in sales, customer satisfaction, and owner loyalty. This commitment to excellence is exemplified by Owner, Tim Hutcherson, who was one of a select group of 48 dealers from across the country nominated for the highly coveted TIME Dealer of the Year award in 2023. Tim Hutcherson stated, “After my very first meeting with Jason Stopnitzky of Performance Brokerage Services, I was impressed. We talked about my business and where I wanted to be in life at this point. We both talked of time, travel, and family. He very quickly found a buyer for Nissan of Tustin and the transaction went smoothly from day one and closed without any issues. I not only got the deal I wanted, but gained a friend.”
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. Jason Stopnitzky, Co-Founder of Performance Brokerage Services was the exclusive advisor for this transaction.
After the sale, Jason Stopnitzky commented, “This transaction was particularly special to me. David and Tim are not only valued business associates, but also close, personal friends. Throughout the process, both conducted themselves with the utmost integrity and professionalism, setting an exemplary standard of ethical conduct that would impress anyone observing the transaction.” Stopnitzky added, “I also want to extend my heartfelt thanks to Leslie Chayo, who provided excellent counsel for David, and James Barone, who represented Tim with great diligence and expertise. Their contributions were invaluable in ensuring a smooth and successful transition. It was truly an honor for me and our entire team at Performance Brokerage Services to facilitate this transaction.
Mass Auto Group operates 5 dealership locations across Southern California representing Nissan, Chrysler, Dodge, Jeep, and RAM. David Massoudi, President of Mass Auto Group shared, “Honesty, knowledge, and integrity are very important attributes one must have in any business. I have worked with Jason Stopnitzky on several deals, and it has truly been a pleasure working with him on every level. He anticipates every element of a deal and addresses them in advance in an incredibly honest and seamless way. I will continue to work with him on my future deals. It’s been a great experience working with Performance Brokerage Services and I would recommend this company regardless of whether you are on the buyer or seller side.”
Tim Hutcherson was represented by James Barone at Ferruzzo & Ferruzzo, LLP in Newport Beach, California.
David Massoudi was represented by Leslie E. Chayo at the Law Offices of Leslie E. Chayo in Beverly Hills, California.
Nissan of Tustin will remain at its current location at 30 Auto Center Drive in Tustin, California.