fbpx

Harley-Davidson Dealer Retires with Help from Performance Brokerage Services

Over 100 years in the business with an early start in the motorcycle industry, Tramontin Harley-Davidson was one of the oldest dealerships in the State of New Jersey.

Performance Brokerage Services, a new car and Harley-Davidson dealership broker, announced the retirement of Tramontin Harley-Davidson in Hope, New Jersey.

Over 100 years in the business with an early start in the motorcycle industry, Tramontin Harley-Davidson was one of the oldest dealerships in the State of New Jersey. It took on its name in 1947 when it officially became a Harley-Davidson dealership run by Arthur “Bub” Tramontin. Strong family ties were amongst many memories shared.

Bob Tramontin, the son and retiring dealer of the late owner Bub Tramontin, commented, “After much soul searching and contemplation about selling my family’s Harley-Davidson dealership of over 70 years, I reached out to buy-sell industry expert George Chaconas of Performance Brokerage Services. Based on current buy-sell market conditions, we were unable to find a qualified buyer. Thus, after lengthy negotiations, we were able to reach a retirement incentive buyout with Harley-Davidson Motor Company. I sincerely appreciate George’s hard work, dedication and constant communication throughout the process so I could move forward with retirement in Florida. If you are a long-time dealer and considering selling or doing a retirement buyout with Harley-Davidson, I would highly recommend George Chaconas of Performance Brokerage Services.”

Over the last five years, Performance Brokerage Services has represented for sale over 250 automotive and motorcycle dealerships making it the highest volume automotive and motorcycle dealership brokerage firm in North America.

George C. Chaconas, the exclusive agent for this transaction and the head of the National Harley-Davidson and Powersports Division for Performance Brokerage Services commented, “Closing a dealership and considering retirement is one of the hardest decisions an owner has to make. Current market conditions and industry influences led to working with the Harley- Davidson Motor Company and ultimately proceeding with the retirement. It was an honor to assist Bob Tramontin in the retirement of his dealership. The motorcycle industry has seen a downturn and hardships and with much thought, retirement was the best option.”

Link: Performance Brokerage Services

You May Also Like

Free Dirt Bike, ATV, Side-by-Side Training in California

Off-Highway Vehicle Safety Week is March 23-31.

ATV, dirt bike, side-by-side training, off-road trails

Spring is here, and for many it’s time to head back to the trails. To ensure you get the most fun out of the new riding season, the ATV Safety Institute (ASI), Motorcycle Safety Foundation (MSF) and Recreational Off-Highway Vehicle Association (ROHVA) have teamed up with California State Parks to offer free training for ATVs, dirt bikes and side-by-sides. 

Alterra Mountain Co. Adds Taiga Snowmobiles to Its Fleets

The fleets cover 15 ski mountain destinations.

Taiga Nomad snowmobile at an Alterra Mountain Co. ski resort
Boundless Rider Expands Footprint to Illinois

Coverage is available for direct purchase or through agents.

Boundless Rider logo
Royal Enfield’s BTR Flat Track Program Kicks Off 2024 at Daytona Short Track

The BTR season opener brought thrilling competition over two days of racing.

Build. Train. Race., BTR, Daytona Short Track, 2024
Dave McMahon Named Interim Executive Director of the NPDA    

The newest member of the team has been moved into the top spot.

Dave McMahon

Other Posts

Bitubo High Performance XZE Monoshock for H-D Softail Models

The XZE features a remote hydraulic preload adjuster option that lets you easily set up the spring for your weight and riding style.

XZE Monoshock
MIC, MSF, SVIA, ROHVA Appoint Interim Leadership

Scott Schloegel has been named acting president and CEO.

MIC, MSF, SVIA, ROHVA logos
Sumitomo Rubber North America Hires New Dunlop Motorcycle Tires Regional Sales Manager

Jeff Botsford began his career in the motorcycle industry in 1991.

Jeff Botsford
Wilwood Engineering Promotes Hagy to UTV Market Specialist

Hagy will be tasked with expanding the UTV product lineup for Wilwood.

Hagy