Performance Brokerage Services, the leader in dealership
buy-sell activity, announces the sale of Nissan of Tustin in Tustin,
California from Tim
Hutcherson to David
Massoudi
IRVINE , June 26,
2024 /PRNewswire-PRWeb/ -- 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.
"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."
David Massoudi, President of Mass
Auto Group
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.
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,
jason@performancebrokerageservices.com, https://performancebrokerageservices.com/
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