Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Orchid Isle Auto Center in Hilo and Kailua-Kona, Hawaii from Joe Hanley to the Steve Marshall Group
IRVINE, Calif., June 3, 2024 /PRNewswire-PRWeb/ -- Performance Brokerage Services, North America's highest volume dealership brokerage firm, is pleased to announce the sale of Orchid Isle Auto Center in Hilo and Kailua-Kona, Hawaii from Joe Hanley to the Steve Marshall Group.
Orchid Isle Auto Center has been family-owned and operated for over 40 years. Orchid Isle Auto Center operates two Ford dealerships, one on the west side of the Big Island of Hawaii, and another on the east side.
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 and Rob Armstrong, Senior Partner of the Canadian Headquarters were the exclusive advisors for this transaction.
After the sale, Jason Stopnitzky commented, "We would like to thank Joe Hanley for putting his faith in us to guide him through the sale of Orchid Isle Auto Center. I have known Joe for many years and have always appreciated his values and commitment to his team and his community. It was a pleasure to facilitate this transaction and work alongside such consummate professionals. We wish the Steve Marshall Group much success with the acquisition and congratulate them on their breakthrough into the U.S. market."
Steve Marshall Group is a Canadian automotive retailer founded in 1966 in Campbell River, British Columbia. Founder and President, Steve Marshall, opened his first Ford dealership when he was just 19 years old. The Steve Marshall Group now operates 11 dealership locations across Canada and the United States.
Orchid Isle Auto Center will remain at its current locations at 1030 Kanoelehua Avenue in Hilo, Hawaii and 76-6319 Kuakini Highway in Kona, Hawaii.
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
Jason Stopnitzky, Performance Brokerage Services, 949.309.2815, [email protected], https://performancebrokerageservices.com
SOURCE Performance Brokerage Services
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