Performance Brokerage Services Facilitates Sale of Historic Dick Masheter Ford Dealership in Columbus
Sale of Dick Masheter Ford: A New Chapter Begins
Performance Brokerage Services, renowned as North America's leading dealership brokerage, has announced a significant transaction involving the historic Dick Masheter Ford dealership in Columbus, Ohio. The sale marks the transfer of ownership from Bob Masheter, who has overseen the dealership's operations for the past several decades, to Oleg Kislyansky of Drive Choice.
Established in 1967 by Richard “Dick” Masheter, a veteran of the U.S. Air Force, the dealership has a rich legacy in the automotive sector. Over the years, it became a beloved local institution, known for its commitment to quality service and customer satisfaction. Bob Masheter, Dick's son, joined the dealership in 1981 and eventually took charge of daily operations. Under his leadership, the business flourished, becoming a key player in the community.
Expressing gratitude for the formalities surrounding the sale, Bob Masheter stated, “Thank you, Mark Sr. and Mark Jr. of Performance Brokerage Services, for your assistance and support throughout the process. Your professionalism and diligence were invaluable.” His words reflect a profound appreciation for the collaborative spirit throughout the transaction.
Over the last five years, Performance Brokerage Services has significantly influenced the dealership landscape; they have assisted in the successful sale of nearly 400 dealerships, cementing their position as the highest volume dealership brokerage firm in North America. The sale of Dick Masheter Ford is a testament to their effective approach, highlighted by the teamwork of several professionals from both their Midwest and Northeast offices.
Mark Shackelford Sr. remarked, “It was a pleasure to work with Bob Masheter. The integrity he displayed reflected in the loyalty of his employees upon announcing his retirement.” Post-sale, Bob Masheter looks forward to enjoying quality time with his wife, Christie, traveling and relishing the well-earned moments of relaxation.
Representing Drive Choice, Oleg Kislyansky expressed his enthusiasm: “Finding an opportunity through Performance Brokerage Services that aligned with my vision took some time, but I valued their reliability, diligence, and honesty throughout the process.” His comments emphasize the importance of trustworthy relationships in business transactions, especially when navigating the automotive dealership landscape.
Looking ahead, Dick Masheter Ford will rebrand as Capital Ford of Columbus but will continue operating from its well-known location at 1090 South Hamilton Road, ensuring that the community will still receive high-quality automotive services they have come to rely on over the years.
Performance Brokerage Services has built a reputation over more than 30 years in the brokerage field, boasting a 90% closing rate and selling over 900 dealerships. Their innovative business model, which includes providing free valuations and only charging a fee upon successful transactions, has attracted a loyal clientele.
With a national presence supported by local representation, Performance Brokerage Services offers clients access to an extensive network of industry professionals, ensuring that their clients receive the best possible outcomes. The firm continues to be a beacon in the automotive dealership world, supporting countless businesses in achieving their sales and acquisition goals.
For further information about the services offered by Performance Brokerage Services, visit their website or contact them directly. Their ongoing commitment to excellence speaks volumes in an industry that relies heavily on trust and results.