Performance Brokerage Services Advises on the Sale of Jones Equipment Rental

Jun 08, 2023

Performance Brokerage Services announced the sale of the sale of Jones Equipment Rental in Fort Gratiot and Marysville, Mich.

Jones Equipment Rental has been family owned since Fort Gratiot residents Mike and Sue Jones opened their first location in 1995, Performance Brokerage said. The Joneses opened a second location in Marysville in 1997. Prior to opening Jones Equipment Rental, Mike Jones was general manager of a large equipment rental operation in the Detroit area.

Both locations were authorized dealers and distributors for Kubota, Land Pride and Honda. According to Performance Brokerage, Jones Equipment Rentals offered rental services that large chain stores often do not, including impeccable equipment maintenance, on-site assistance with selecting equipment and safety demonstrations from skilled staff members.

“We cannot speak highly enough of Pat Albero and Performance Brokerage Services," Mike Jones says. "Throughout the entire process, Pat and his team were there for my family, providing guidance and support every step of the way. Their knowledge and expertise were apparent from the outset, and they were able to secure a buyer who truly understood the value of my dealership and its significance in our local community. With Pat's help, we were able to achieve maximum value for our dealership and ensure that our employees' futures are secure. If you're looking to sell your dealership and want a team that will work diligently to ensure your goals are met, we highly recommend contacting Performance Brokerage Services."

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, the company says. In 2022, the company completed 92 transactions, marking a record-breaking year. This transaction was facilitated by Performance Brokerage Services Equipment & Commercial Truck Divisions, managed by Patrick Albero, senior partner, and Dan Argiro, senior partner.

Source : Farm Equipment
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