We engaged in a discussion with Kyle Chase, Vice President of the Prairies and Partner at DSMA, to gain a comprehensive understanding of the current state of rural dealerships. Kyle shared valuable insights on the unique advantages and opportunities these dealerships offer. From strong community ties to less competition and lower operating costs, there are […]
Buying a dealership is a significant decision, one that involves careful consideration of various factors and adherence to specific processes set by automobile manufacturers. Whether they are acquiring an existing dealership or securing an open point opportunity, prospective buyers must navigate through a series of steps to gain approval from the OEM. In this article, […]
CANADIAN DEALERS GET INSIDE SCOOP ABOUT BUYING U.S. DEALERSHIPS. THE FOLLOWING ARTICLE WAS PROVIDED BY TODD PHILLIPS AND ORIGINALLY PUBLISHED BY CANADIAN AUTO DEALER. A group of prominent Canadian car dealers gathered at the luxurious Langdon Hall in Cambridge, Ont. [in October] to gain some insights and tips about opportunities to acquire dealerships south of […]
All business people should know the definition of gross profit, but just in case, here is how Google defines it: “gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company’s income […]
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It’s a simple question, would you let a vet fix your teeth? Yes, No? They are both doctors, right? Ok, let me ask you another question, would you let a plumber fix the wiring in your house? They are both maintenance experts, right? I would hope that the answer you’re giving to both questions, is […]
The purchase of dealerships south of the border by Canadians recently made headlines. It had been rather anticipated that American groups would come to shop in Canada and now the exact opposite is happening. The reasons are many, but here are the main ones. Higher ROI The value of dealerships in the United States are […]
305 Renfrew Drive, Suite 202
Markham, ON | L3R 9S7
4851 Tamiami Trail North, Suite 200
Naples, Florida | 34103
305 Renfrew Drive, Suite 202
Markham, ON | L3R 9S7
4851 Tamiami Trail North, Suite 200
Naples, Florida | 34103
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