In my experience (and in the experience of some of my clients), there are unfortunately two prices you’ll get to sell your store. The first price usually comes from what I like to call the “lazy broker”. This is the price that tells everyone “you are for sale” and is typically a higher price that […]
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As a dealership owner, do you wonder why other owners sell their businesses? It’s a question I’m asked frequently. Based on Dealer Solutions extensive client database, here are the top 5 reasons business owners sell their dealerships: No succession plan or a successor is denied approval by manufacturer. This happens more times than not, especially the […]
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INTRODUCTION When it comes to appraising automotive dealerships, there are several unique nuances that come into play. Many industry-specific factors and conditions are to be considered, which all contribute to the value of the dealership’s Goodwill. Also commonly referred to as; “Blue Sky”, the Goodwill valuation of a business, is used to establish the value […]
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