George C. Chaconas of Performance Brokerage Services Advises on the Sale of MotorCity Power Sports in Bloomfield Hills, Michigan to Campbell Dealership Group LLC
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.
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, [email protected], https://performancebrokerageservices.com/
SOURCE Performance Brokerage Services
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