Patriot Harley-Davidson has serviced the Fairfax area for over 20 years. Already well-known within the Washington DC community for their Ride of the Patriots event — a group motorcycle ride to the nation’s capital — Patriot Harley-Davidson has been purchased by Paul Veracka’s PVM Enterprises family of dealerships. In a deal negotiated by George Chaconas of Performance Brokerage Services, Vince Sheehy sold the Harley store to focus on his auto empire. Sheehy Auto Stores operates 30 dealerships in Northern Maryland and Virginia.
“Seven years ago, I worked with George Chaconas of Performance Brokerage Services when I acquired Patriot Harley-Davidson,” says Sheehy. “After careful consideration, I decided along with my management team that it was time to divest this asset and focus on our automotive group. It only made sense to engage industry experts George and his partner, Courtney Bernhard, to exclusively represent us in the eventual sale of Patriot Harley-Davidson to Paul Veracka. I would like to thank George and Courtney for their professionalism, tenacity, perseverance, and industry knowledge to get this transaction across the finish line. l wish Paul Veracka good luck and immense success!”
Over the past 5 years, Performance Brokerage Services has advised on the sale of more than 300 dealerships, making it the highest volume dealership brokerage firm in North America. “We have had the pleasure of working with the Veracka family numerous times over the years,” notes Chaconas. “We recently sold Paul’s father, Dave Veracka, Barney’s Motorcycle & Marine dealerships in Florida. We also represented Paul and his brother Michael with their acquisition of BMC Boats in Florida.
“This strategic acquisition complements Veracka’s dealership, Old Glory Harley-Davidson in Maryland, which we also sold to Paul in 2020. It was a pleasure to work with Vince Sheehy and Paul Veracka on another successful buy-sell transaction, and I thank them for the opportunity to be of service. I wish all parties great success and I look forward to helping the Verackas with their continued expansion.”
“After acquiring Old Glory Harley-Davidson of Laurel, Maryland from George Chaconas and Courtney Bernhard of Performance Brokerage Services, we were looking to expand our market in and around the Washington, D.C., metropolitan area,” adds Veracka. “George and Courtney introduced us to Patriot Harley-Davidson which was for sale via Sheehy Auto Stores. The addition of this location to our group made strategic sense for the opportunity to service our clients on both sides of Washington, D.C., and allows us to continue Patriot Harley-Davidson's famous Ride of the Patriots to the nation’s capital. I want to thank George and Courtney for their help to get this deal done and look forward to continued growth in 2023.”
The dealership will remain at its current location at 9739 Fairfax Boulevard in Fairfax, Virginia.
