Harley-Davidson dealership broker George C. Chaconas of Performance Brokerage Services announced the sale of Nees Harley-Davidson in Galesburg, Illinois, from Phil Nees and Mike Nees to George Tragos. Tragos now owns three Harley-Davidson dealerships in Illinois.
The Nees duo established Nees Harley-Davidson in 2006, and in 2007, relocated it to its current location at 131 South Soangetaha. Phil resides in Arizona where he owns and operates other businesses. Mike continued to run the dealership until the sale. Both individuals were seeking retirement from the Harley-Davidson business and contacted Chaconas to facilitate the sale of their dealership.
“After putting our dealership on the sellout list, we hired George Chaconas of Performance Brokerage Services,” Phil said. “George educated us about the current market conditions and helped us establish a more realistic asking price. George is an expert at his craft and brought tremendous knowledge about our industry and the selling process.”
Nees Harley-Davidson made for a great strategic acquisition for Tragos. He renamed the dealership Iron Eagle Harley-Davidson and expressed that he has big things planned for 2018.
“Over the years, I have looked at many Harley-Davidson dealerships that George Chaconas and Performance Brokerage Services had listed for sale,” Tragos said. “I had also heard of the work George had done for my dealer-friends. It was a pleasure finally working closely with George as he demonstrated expertise and professionalism throughout the transaction.”
“It brings me great pleasure to have assisted the Nees brothers with the sale of their Harley-Davidson dealership,” Chaconas said. “George Tragos should be able to capitalize on the potential of the business and take it to the next level. I would like to thank all the principals for remaining gentleman throughout this process.”