Being a good neighbor can smooth the way for an acquisition. That was the case in Burlington Auto Group’s acquisition of the former Chevrolet 21 dealership in June. The Group owned a Kia sto... Read more
By Chris Saraceno Before it’s time to put a dealership on the market, the habits of the company’s leadership will come to light — for either good or ill. If the dealers and leaders of the co... Read more
By James Mitchell, Cushman & Wakefield We’ve explored the importance of valuing your real estate (see “Why Aren’t We Talking More About Real Estate?” Buy Sell Report, March 2019), and ho... Read more
By Steve Ronan, Citrin Cooperman We hear from clients all the time, “We’re going to need a new ERP system soon.” Most companies and executives understand that the ERP, or Enterprise Resource... Read more
By Kendall Rawls No stranger to change and uncertainty, auto dealers have a reputation for being pioneers when having to be agile in the ways of doing business on the highways of change. One... Read more
By Alysha Webb – Editor and Publisher A dealership’s sales volume, franchise, and location are some of the many factors that go into determining its valuation in a buy sell. A perhaps... Read more
By Marc Spizzirri and Taylor Conant The Internet. The Great Recession. Millennials. Oversaturation of franchise locations. Dealers, and their critics, might point to some or all of these to... Read more
Montana auto dealer John Soares tried to steer his son away from the retail auto business. So, Jacob, his son, dutifully acquired two college degrees, in mechanical engineering and finance a... Read more
