Buy-sell transaction of two Virginia H-D dealerships officially close

Performance Brokerage Services officially announced the sale of a pair of Virginia-based Harley-Davidson dealerships from the estate of Mary Hughes to Michael Veracka of MOD Enterprises.

The buy-sell transaction included Southside Harley-Davidson in Virginia Beach and Hampton Roads Harley-Davidson in Yorktown. Those two dealerships will now be consolidated into Bayside Harley-Davidson in Portsmouth, Virginia.

Powersports Business previously reported on the transaction on Feb. 24, using reports from WAVY and the dealership’s Facebook page as a source. PBS’ latest release confirmed the transaction and included the official buyer and seller…

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