The retail automotive industry is constantly evolving, as does the value of a dealership. Having an evaluation completed can be beneficial to evaluate share or stock values, for successorship planning, estate planning or an exit strategy. There are many factors that need to be considered when pricing a dealership and many dealer owners have a tendency to over price their store.
Know Your Value
Change can bring emotional stress, which can make the decision making process difficult. Knowing the value of your dealership is a critical factor in making informed decisions about the future direction of your business. It is better to plan and be prepared rather than being faced with a challenging situation.
Having A Dealer Valuation
In the course of facilitating buy/sell transactions, Dealer Solutions North America can provide a valuation and consultation to the dealer to establish the asking price of the dealership.
We are consistently talking to buyers, sellers and industry leaders which enables us to uncover trends in calculating blue sky, what multiple should be used and on what basis should that multiple be based upon. Allowing us to obtain an understanding of which brands are hot and where the hottest locations are for new points across Canada.