It’s been a little over a year since Eric and I sold our Kia dealership, and although I still feel emotional about selling our business, our lives have undergone significant changes. A few weeks ago, I had to take a car into the Kia dealership for a service recall. Like most people, I dreaded […]
In this post, we reveal the top five things you need to do before listing your dealership for sale. From valuing your business to preparing your financials, we cover everything you need to know to make a confident and informed decision. 1. Get Your Financial House in Order Ensuring your financial statements are […]
Life after selling a dealership can be a notable change, as it often marks the end of a long and successful career in the automotive industry. I know countless dealers, my father being one of them, who could never imagine what their lives would be like if they weren’t car dealers. In some ways, it […]
In our initial discussion on Why We Sold Our Dealerships I explained some of our fears entering the market. Fears that made us rethink our strategy within the industry. The majority of the reasons were industry or OEM (Original Equipment Manufacturer) related when it came to the dealership we discussed. But Mike Naughton Ford is a […]
Eric and I grew up in the automotive dealership industry. I watched my father, Mike Naughton, steward Mike Naughton Ford in Denver, Colorado for more than 47 years. My grandfather was John B. Naughton Sr., Vice President of Ford Motor Company. Yeah, right up there working alongside Lee A. Iacocca. And it didn’t end there. […]
CityNews Radio Interview with Founder and CEO Farid Ahmad shared his insights and trends in the Mergers & Acquisitions world in a special interview with Tim Dimopoulous on the weekend of January 7th and 8th 2023
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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