This acquisition marks the ninth dealership of the group and the fourth Toyota dealership.
IRVINE, CA (PRWEB)
June 17, 2022
Performance Brokerage Services, North America’s largest volume dealer brokerage firm is pleased to announce the sale of Coos Bay Toyota in Oregon from Guy and Lee Hawthorne to Mario Hernandez and Teton Auto Group.
Founded in 1981, Coos Bay Toyota has been owned and operated by brothers Guy and Lee Hawthorne for over 40 years. The dealership received the prestigious Toyota President’s Award in 2013 and 2019.
Over the past 5 years, Performance Brokerage Services has advised the sale of over 250 dealerships, making it the largest dealership brokerage firm in North America. In 2021, the company completed 72 transactions, marking a record year. Jesse Stopnitzky, exclusive agent for this transaction and Western partner for Performance Brokerage Services, said, “It has been a privilege to represent the Hawthorne family in the sale of their Toyota dealership, Coos Bay Toyota. Family owned for decades, Guy and Lee Hawthorne have created a family atmosphere with an emphasis on first class customer service. I wish them the happy retirement they deserve and thank them for entrusting our firm with the management of the sale.
Teton Auto Group was founded in 2005 by Mario Hernandez and Jim Parker. Opening its first store in Idaho Falls, the group has since expanded to Oregon, Nevada, Colorado and Washington.
Teton Auto Group prides itself on being actively involved in every community it is part of and places a special emphasis on supporting local children through education and youth programs.
This acquisition marks the ninth dealership of the group and the fourth Toyota dealership. Their portfolio also includes Honda, Ford and Volkswagen.
The dealership will remain at its current location at 2001 North Bayshore Drive in Coos Bay, Oregon.
Performance Brokerage Services, Inc. is North America’s largest dealer brokerage firm, specializing in buy-sell business for automobile, recreational vehicle, commercial truck, powersports and automotive dealers. equipment.
With over 25 years of experience, 700 dealerships sold and a 90% closing rate, the company’s reputation is unmatched and governed by the highest ethics and integrity.
The company offers a unique approach by providing free value estimates with no upfront fees or down payment, no fee refunds, and paying a success fee only after the deal closes.
Headquartered in Irvine, CA and supported by 7 regional offices in Utah, Texas, Florida, Virginia, Ohio, New Jersey and Canada, clients benefit from national exposure with local representation .
As trusted and respected experts in the field, the company utilizes an extensive network of attorneys, accountants, hundreds of registered buyers, and longstanding relationships with various automakers.
For more information on the services offered by Performance Brokerage Services, visit https://performancebrokerageservices.com.
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