Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Jones Equipment Rental in Fort Gratiot and Marysville, Michigan
IRVINE, Calif., June 6, 2023 /PRNewswire-PRWeb/ -- Performance Brokerage Services, North America's highest volume dealership brokerage firm, is pleased to announce the sale of the sale of Jones Equipment Rental in Fort Gratiot and Marysville, Michigan.
Jones Equipment Rental has been family owned since lifelong residents of Fort Gratiot, Mike and Sue Jones, opened their first location in 1995. Mike and Sue opened a second location in Marysville in 1997. Prior to opening Jones Equipment Rental, Mike Jones was General Manager of a large equipment rental operation in the Detroit area.
Both locations were authorized dealers and distributors for Kubota, Land Pride, and Honda. Jones Equipment Rentals proudly offered rental services that large chain stores often do not, including impeccable equipment maintenance, on-site assistance with selecting equipment, and safety demonstrations from skilled staff members.
Following the sale, Mike Jones commented, "We cannot speak highly enough of Pat Albero and Performance Brokerage Services. Throughout the entire process, Pat and his team were there for my family, providing guidance and support every step of the way. Their knowledge and expertise were apparent from the outset, and they were able to secure a buyer who truly understood the value of my dealership and its significance in our local community. With Pat's help, we were able to achieve maximum value for our dealership and ensure that our employees' futures are secure. If you're looking to sell your dealership and want a team that will work diligently to ensure your goals are met, we highly recommend contacting Performance Brokerage Services. Thank you for all your hard work!"
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. In 2022, the company consummated 92 transactions, marking a record-breaking year. This transaction was exclusively facilitated by Performance Brokerage Services Equipment & Commercial Truck Divisions, managed by Patrick Albero, Senior Partner, and Dan Argiro, Senior Partner.
Albero remarked, "I am honored to have had the opportunity to play a vital role in the successful sale of Jones Equipment and to have helped Mike and Sue Jones achieve their goals. Working with a passionate seller who was dedicated to preserving the legacy of their business was truly inspiring. My team and I worked tirelessly throughout the entire process to identify the perfect buyer that not only recognized the value of the dealership but also shared the sellers' values and vision. It was immensely satisfying to see the deal come to fruition, knowing that we had not only maximized the value of the dealership but also secured its future."
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 25 years of experience, 700 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
Patrick Albero, Performance Brokerage Services, Inc., 703.801.3870, [email protected]
SOURCE Performance Brokerage Services, Inc.
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