Performance Brokerage Services, the leader in dealership
buy-sell activity, announces the sale of MotorCity Power Sports in
Bloomfield Hills, Michigan from
Thomas Celani of MotorCity
Powersports to Campbell Dealership Group LLC.
IRVINE,
Calif., May 4, 2024 /PRNewswire-PRWeb/
-- Performance Brokerage Services, North America's highest volume dealership
brokerage firm, is pleased to announce the sale of MotorCity Power
Sports in Bloomfield Hills,
Michigan from Thomas Celani
of MotorCity Powersports to Campbell Dealership Group LLC.
"After selling my Harley-Davidson dealership and considering selling my
multi-line powersports dealership, I looked no further than
George Chaconas of Performance
Brokerage Services." - Thomas
Celani
MotorCity Powersports is one of the largest dealerships in metro
Detroit, carrying motorcycles, ATVs,
side-by-sides, dirt bikes, mopeds, and personal watercrafts.
MotorCity Powersports offers a selection of manufacturers including
Yamaha, Honda, Suzuki, Kawasaki, Polaris, BRP, and more. Following
the sale, Thomas Celani of MotorCity
Powersports commented, "After selling my Harley-Davidson dealership and considering selling my
multi-line powersports dealership, I looked no further than
George Chaconas of Performance
Brokerage Services. George and his partner, Courtney Bernhard, were very professional and
experienced deal makers. It was not the easiest buy-sell to
navigate as there were many OEM's compared to just one with
Harley-Davidson. In addition, bank
financing and multiple floor plans just makes it even more
difficult. Fortunately, me and the buyer were highly motivated to
get our deal done! I sincerely appreciate the job well done by
George and Courtney, and highly recommend them when you are ready
to buy or sell your dealership!"
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. George C. Chaconas,
Senior Partner, and Courtney A.
Bernhard, Partner of the Harley-Davidson & Powersports Division for Performance
Brokerage Services were the exclusive sell-side advisors for this
transaction.
After the sale, George Chaconas
commented, "Former Harley-Davidson
dealer and serial entrepreneur, Tom
Celani, called me about helping him sell his MotorCity Power
Sports dealership in the northern suburb of Detroit. It was an honor and privilege to
exclusively represent Tom and his family on a sell-side engagement
to effectively, professionally, and methodically market and sell
his multi-line powersports dealership, especially in today's
buy-sell environment. It was a long process, but my partner,
Courtney, and I worked passionately and closely with Tom and his
team, and with a very motivated, qualified, and unique buyer that
we identified through our marketing process. Thank you very much,
Tom, for the opportunity to be of service, and good luck in your
future endeavors!"
Courtney Bernhard added, "I
appreciate Tom Celani trusting my
senior partner, George, and myself in the sale of his powersports
dealership. Selling a dealership with multiple franchises can be a
very complicated process. Tom, along with his team, were
instrumental in seeing it through to the end. I would like to thank
the buyer for his commitment to the process. He was communicative
the entire time and very patient in working through all the hurdles
from the multiple franchise applications, DMV process, and the
finance side; I may have even learned a few things from him, too.
It is extremely helpful when all parties involved work together
with the same goal, to get the deal done. I know the Campbell family will take the dealership to new
heights and be a great asset to the community, continuing Tom's
legacy. I wish them the best!"
MotorCity Power Sports will remain at its current location at
1645 South Telegraph Road in Bloomfield
Hills, Michigan.
About Performance Brokerage Services
Performance Brokerage Services, Inc. is North America's highest volume dealership
brokerage firm, specializing in buy-sell activity for automotive,
RV, commercial truck, powersports, and equipment dealerships.
With over 30 years of experience, 900 dealerships sold, and a
90% closing rate, the company's reputation is unmatched and
governed by the utmost ethical conduct and integrity.
The company offers a unique approach by providing complimentary
estimates of value with no upfront fees or retainer, no
reimbursement of costs, and paid a success fee only after the
transaction closes.
Headquartered in Irvine,
California, and supported by 9 regional offices in
Utah, Texas, Illinois,
Florida, Virginia, Ohio, New Jersey, Alberta and Ontario, clients benefit from national
exposure with local representation.
As trusted and respected experts in the field, the company
utilizes an extensive network of industry related attorneys,
accountants, hundreds of registered buyers, and longstanding
relationships with various vehicle manufacturers.
For more information about the services offered by Performance
Brokerage Services, visit
https://performancebrokerageservices.com.
Media Contact
George C. Chaconas, Performance
Brokerage Services, 813.569.6250,
george@performancebrokerageservices.com,
https://performancebrokerageservices.com/
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SOURCE Performance Brokerage Services