Performance Brokerage Services, the leader in dealership
buy-sell activity, announces the sale of Doyle Chrysler Dodge Jeep
Ram in Sudbury, Ontario Canada
from Brian Doyle and Blake Didone to Palladino Auto Group.
IRVINE, June 26,
2024 /PRNewswire-PRWeb/ -- Performance Brokerage
Services, North America's highest
volume dealership brokerage firm, is pleased to announce the sale
of Doyle Chrysler Dodge Jeep Ram in Sudbury, Ontario Canada from Brian Doyle and Blake
Didone to Palladino Auto Group.
"We highly recommend Rob Armstrong to anyone in need of expert
automotive brokerage services." - Vince
Palladino, Palladino Auto Group
Doyle Chrysler Dodge Jeep Ram is the oldest Chrysler dealership
in Canada with a rich history
dating back to the early 1900's. British immigrant, Percy Gardner, arrived from England in 1907 and was hired by Sudbury lumber baron, William Bell, to tend to his horses. Bell needed
a private chauffeur, so he sent Gardner out on a cumulative
eight-week course to gain a comprehensive understanding of cars.
After his studies and driving the first new, four-cylinder car
model brought to the area, Gardner developed a love for motor
vehicles. In 1921, Gardner opened his own dealership, Gardner's
Garage, which is now called Doyle Chrysler Dodge Jeep Ram.
Gardner's son, Bill, took over the dealership in the 1960's. In
1965, Parts Manager, Leo Doyle,
brought on his 15-year-old son, Mike
Doyle, to work alongside him. Mike continued working at the
dealership throughout college, becoming a Sales Manager, General
Manager, and in 1986, took over the dealership after the passing of
Bill Gardner. Mike's son,
Brian Doyle, and Sales Manager,
Blake Didone, took over operations,
continuing the dealership's 100-year-old success story.
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. Rob Armstrong,
Senior Partner of the Canadian Headquarters for Performance
Brokerage Services was the exclusive advisor for this
transaction.
Rob Armstrong commented, "It was
an honor to work with Brian and Blake, find the right buyer, and
market their dealership. Having worked with Vince Palladino over the years, we were glad to
be able to pass the torch on to his team to continue the
longstanding ethical operation of such a legacy dealership. It was
a pleasure to work with all parties involved."
Palladino Auto Group was founded over 50 years ago by Vip
Palladino. Vip's son, Vince, was guided by his father on his
automotive journey towards becoming a dealer principal, which he
achieved in 2000. Palladino Auto Group owns and operates seven
automotive dealerships in Sudbury,
North York, and North Bay, Ontario, representing
Mercedes-Benz, Chrysler, Dodge, Jeep, Ram, Honda, Subaru, and Mazda
brands. The group has donated over $1,000,000 to the Northeastern Ontario Children's
Hospital in Sudbury which services
over 500,000 residents in Northeastern
Ontario.
Vince Palladino shared, "Working
with Rob Armstrong on the
acquisition of Doyle CDJR was an exceptional experience! Rob's deep
industry knowledge and strategic approach were invaluable in
navigating the complexities of the deal. He was always available to
answer our questions and provide clear, comprehensive advice at
every step. Rob's dedication to our success and his ability to
secure favorable terms were truly impressive. We are grateful for
his hard work and unwavering support throughout the process. We
highly recommend Rob Armstrong to
anyone in need of expert automotive brokerage services."
Doyle Chrysler Dodge Jeep Ram will remain at its current
location 2555 Regent Street in Sudbury,
Ontario in Canada.
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 30 years of experience, 900 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
Rob Armstrong, Performance
Brokerage Services, 289.275.7179,
rob@performancebrokerageservices.com,
https://performancebrokerageservices.com/
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