Anderson Chevrolet In Lake Elsinore Sold To Aaron Auto Group

LAKE ELSINORE, CA — Anderson Chevrolet in Lake Elsinore was recently sold to Vikas Mehandroo and the Aaron Auto Group, Performance Brokerage Services announced.

The dealership will remain at its current location at 31201 Auto Center Drive in Lake Elsinore, California and will be renamed Aaron Chevrolet of Lake Elsinore.

This transaction was exclusively facilitated by Jason Stopnitzky, Co-Founder of Performance Brokerage Services and Jonathan Forgy, CPA & Partner.

“I have known Jason Anderson for over 20 years. He is a friend and someone I admire greatly as a businessman and father. We were fortunate enough to sell him his two Ford stores in Arizona a few years ago, and now be called on to dispose of his only dealership in California," Stopnitzky said. "I am very grateful for the friendship that Jason and I have built over the years. I look forward to our continued growth together as we focus exclusively on Arizona and the goodwill his brand has built over the last 20 years in the state.”

The new owner, Vikas Mehandroo, came to the United States 21 years ago and was introduced to the automotive industry as a salesperson. He quickly realized that it wasn’t only about the cars but about serving the people. He was promoted to Finance Manager and then to General Manager. Over the course of 12 years, Vikas served as General Manager for multiple dealerships and franchises, including Toyota, Infiniti, CDJR, Nissan, and Ford.

Vikas commented, “Jason Stopnitzky and Performance Brokerage Services is one of the major reasons we are where we are today. They helped us purchase our first dealership 18 months ago and we now wrapped up our second one with them. The fact that Jason called me back when I was looking to buy my first store, with no prior experience of ownership, and spoke with me for almost an hour to understand my needs and situation, tells you everything you need to know. I am forever thankful and owe Jason and Performance Brokerage Services a lot more than these words.”

Vikas now owns and operates 3 dealerships in Southern California, which include Aaron Ford of Poway, Aaron Chrysler Dodge Jeep Ram of Norco, and now, Aaron Chevrolet of Lake Elsinore.

Following the sale, Jason Anderson commented on the transfer of ownership.

“I would like to take this opportunity to offer my formal recommendation of Jason Stopnitzky with Performance Brokerage Services. I’ve personally known Jason for many years and have relied on his expertise as a broker. Jason did an outstanding job arranging and streamlining the process of our most recent sale," Anderson said. "He and his team were there every step of the way. His vast knowledge and business acumen were invaluable in bringing both parties together for a smooth acquisition. I highly recommend him to any Dealer Principal interested in being represented by a truly knowledgeable and hardworking professional.”