#USA #Performance Brokerage #Louisburg Garage #Chad Richardson #Cuba City

Performance Brokerage Services Facilitates a Significant Transition

Performance Brokerage Services, a leading firm in the dealership brokerage sector, has recently confirmed a successful sale of the historic Louisburg Garage located in Cuba City, Wisconsin. This dealership, which has been a pivotal part of the community since its establishment in 1939 by Ervin Timmerman, has made a significant mark in the automotive industry.

The deal involved the transfer of ownership from Mike Timmerman and Mary Ann Timmerman Survivors Trust to the new owner, Chad Richardson. Performance Brokerage Services played a crucial role in navigating this transaction, highlighting its expertise and comprehensive understanding of dealership operations.

A Rich Legacy of Louisburg Garage

With a legacy spanning across three generations, Louisburg Garage has developed deep roots in the community. In 1992, the dealership secured the Chrysler Dodge Jeep Ram franchise, which not only contributed to its growth but also cemented its reputation among local car buyers. Over the decades, the dealership has fostered strong customer loyalty through excellent service and community involvement.

After Ervin Timmerman’s passing, son Mike Timmerman took over the operations and continued to uphold the family’s commitment to quality and trust. Unfortunately, following Floyd Timmerman’s death in 2018, Mike was left to lead the dealership, supported by family members who contributed to various aspects of the business.

In reflecting on the sale, Carrie Lory, niece of Mike Timmerman, expressed gratitude towards Performance Brokerage Services, highlighting the professionalism and responsiveness of Matt Willis and Emily Bourne during the process. She emphasized the emotional significance of the sale for the family, given the dealership’s longstanding presence in their lives and the community.

Performance Brokerage Services: A Trusted Partner

Known for facilitating a high number of dealership transactions, Performance Brokerage Services has established itself as North America’s foremost dealership brokerage firm. With almost 400 deals brokered over the last five years, the firm is recognized for its seamless operations and integrity.

Matt Willis, a partner at Performance Brokerage Services, shared, “Working with the Timmerman family to facilitate the sale of Louisburg Garage was a privilege. This dealership has been central to Cuba City, and I take pride in assisting with such a meaningful transition.” Emily Bourne echoed similar sentiments, emphasizing their dedication to honoring the dealership's legacy while ensuring a smooth sale process for all involved.

What’s Next for Louisburg Garage?

With the acquisition completed, Louisburg Garage will be rebranded as Richardson Motors Wisconsin, Inc. This change reflects a new chapter in the dealership’s history, while it will continue to operate at its existing location on Louisburg Road in Cuba City. This transition not only marks the beginning of an exciting venture for Chad Richardson, who operates additional franchises in Dubuque, but it also preserves the rich history and tradition of the original family-run business.

Chad Richardson expressed his appreciation for the professional guidance provided by Performance Brokerage Services during the acquisition, stating, “They ensured that my experience in purchasing Louisburg Garage was straightforward and stress-free.” He is enthusiastic about building upon the trusted relationships the Timmerman family developed over the decades while introducing his own vision for the dealership.

Conclusion

The sale of Louisburg Garage exemplifies the expertise of Performance Brokerage Services in navigating complex dealership transactions. As the automotive industry continues to evolve, the role of dedicated brokerage services remains vital in ensuring that such establishments not only succeed but thrive under new ownership. This transition marks a hopeful beginning for both the new owner and the loyal customers who remember the Timmerman family’s commitment to exceptional service for the past 86 years.