Performance Brokerage Services advises on the sale of John Elway’s Claremont CDJR in California from John Elway Dealership Group to Knight Automotive Group

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of by John Elway Claremont Chrysler Dodge Jeep Ram at California from John Elway Dealership Group to Knight Automotive Group.

IRVINE, Calif., June 25, 2022 /PRNewswire-PRWeb/ — Performance Brokerage Services, North America dealer brokerage firm with the largest volume, is pleased to announce the sale of by John Elway Claremont Chrysler Dodge Jeep Ram at California from John Elway Dealership Group to Knight Automotive Group.

John Elway Dealership Group is headquartered in Englewood, Colorado and was established in 2004. The group now operates 7 dealerships across California, Coloradoand Utah. In 2017, by John Elway Claremont Chrysler Dodge Jeep Ram opened with a state-of-the-art 65,000 square foot facility. The dealer has remained active in the community, with an emphasis on supporting local schools and students.

John Elway Dealership Group is currently ranked as the 102nd largest dealership group in the nation by Automotive News for 2022.

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. Jason Stopnitzkyco-founder, the exclusive agent for this transaction for Performance Brokerage Services commented: “This is our second transaction with the John Elway Dealership Group, to which we recently sold Porsche of Salt Lake City. It is always a pleasure to work with such a professional and first-class organization, and we thank them for entrusting the sale to our firm. We recently worked with Kevin Knight and Braeden Muller of Knight Automotive Group in connection with their acquisition of two Ford dealerships in California and are proud to have participated in their third transaction in the United States. We look forward to working with both bands again in the future and wish them both immense success.”

Knight Automotive Group was founded by Ted Knight over 45 years ago, and is now led by his son and chairman, Kevin Chevalier. Knight Automotive Group is one of the largest dealerships of Canada with 14 pitches. This acquisition marks the group’s third concession in the south California.

Braeden MullerVice President of Knight Automotive Group, said: “The Knight Group would like to thank Jason Stopnitzky and his team for their efforts to find another store that matched our objectives. Jason continued to impress us with his level of market knowledge and professionalism throughout the process. We look forward to continuing our relationship with Performance Brokerage Services.”

The dealership will remain at its current location at 620 Auto Center Drive in Claremont, California and was renamed Knight Claremont Chrysler Dodge Jeep Ram.

About Performance Brokerage Services

Performance Brokerage Services, Inc. is North America highest-volume dealer brokerage firm specializing in buy-sell business for automobile, recreational vehicle, commercial truck, powersports and equipment dealers.

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.

Based at Irvine, Californiaand supported by 7 regional offices in Utah, Texas, Florida, Virginia, Ohio, New Jerseyand Canadaclients benefit from national visibility 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 about the services offered by Performance Brokerage Services, visit https://performancebrokerageservices.com.

Media Contact

Jason StopnitzkyPerformance Brokerage Services, 949-309-2815, [email protected]

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SOURCE Performance Brokerage Services

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