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(EMAILWIRE.COM, April 25, 2012 ) Tacoma, WA -- With over 400 successful transactions to their name, the key principals of Performance Brokerage Services have certainly achieved the seal of approval from hundreds of American car dealers.
Their intermediary services for new car dealers are responsible for helping some of the country’s biggest auto businesses grow and prosper. With yet another successful transaction completed, the company has cause for celebration.
The latest transaction saw the automobile dealership broker steer a successful deal for the sale of Tacoma Nissan, a new car dealership owned by Bruce Titus Automotive Group. The new owner, Bivens Dealership Group, is delighted with how smooth the process was.
“We own several dealerships in the State of Washington and we are really excited to add the Nissan franchise in Tacoma to the list” says Phil Bivens, the new owner of the auto dealership.
He continues, “I have previously worked with Performance Brokerage Services and always found their communication and negotiations to be professional and prompt when looking for a dealership for sale. I was pleased with how well this transaction went.”
Bruce Titus, the previous owner of Tacoma Nissan, was not originally looking to sell the dealership. However, the situation changed when Performance Brokerage Services stepped in and agreed to engineer the deal.
“I’ve worked with Bruce Titus, who is already an established and prominent dealer in Washington, on two previous transactions. When I approached Bruce regarding this new offer, he was willing to listen, but needed some convincing. Overall, we are extremely happy with the outcome of the deal.” says Moshe Stopnitzky, President of Performance Brokerage Services.
Bivens has been a dealer in the Tacoma area for less than two years, and is confident that his acquisition of Tacoma Nissan will be a valuable addition to his growing arsenal of franchises. In fact, in the first quarter of 2012, Bivens’ Tacoma Chrysler Dodge Jeep Ram dealership is positioned to be the number one Chrysler dealer in the state of Washington, in terms of volume.
“With the addition of Tacoma Nissan, this gets us closer to our internal sales volume goal of 500 retail units per month from our Tacoma dealerships. Performance Brokerage Services has been instrumental in our success and we look forward to working with them again in the future as our car dealership broker of choice” Bivens concludes.
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About Performance Brokerage Services
Performance Brokerage Services, an Auto Dealership Broker company, was formed because a change was desperately needed.
It was time for a new approach to dealership brokerage and intermediary services to auto dealerships.
In recent years, the market conditions have shaken the automotive industry to its core. For many car dealers, it has meant major changes and shifts in business models in order to stay viable in this business. During the last three years, transactions were more difficult to consummate: unstable business valuations, larger gaps between sellers’ needs and expectations vs. buyers’ willingness to pay the price, a substantial decline in dealership real estate values, realignment of franchises and lack of business financing.
All have contributed to limited buy/sell activity in the market place. Dealers rely on qualified and established auto dealership brokers to assist them through these complicated decisions, as to some, it may represent the majority of one’s net worth.
Moving forward, the company believes that the worst is over with, and the industry will flourish again.
Performance Brokerage Services
Moshe Stopnitzky
949.461.1372
moshe@performancebrokerageservices.com 
Source: EmailWire.com
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