DSMA - Valuations, Mergers & Acquisitions’ Post

We are excited to present an outstanding opportunity for a potential buyer to acquire a well-established domestic brand dealership located in Michigan. This dealership offers numerous benefits, making it an ideal investment for both first-time buyers and experienced investors. Key Benefits for Potential Buyers: - Upside Opportunity on New Car Sales: Leverage the significant potential to increase new car sales in a mature market with a 20-year ownership history. - Solid Financial Performance: The dealership’s average annual sales of $23 million demonstrate its strong financial health and profitability. - Robust Used Car Market: Benefit from a strong used car market, with the dealership averaging over 500 units annually, providing a steady revenue stream. - Excellent Service Penetration: High service penetration and exceptional customer retention rates ensure ongoing business success and repeat clientele. - Prime Location: Situated in Michigan, the dealership lies between two major markets, and is conveniently accessible from nearby highways. - Thriving Tourist Hub: Located in a popular tourist destination, the dealership enjoys consistent traffic and demand from visitors to the area’s numerous attractions. Whether you are a first-time buyer or looking to expand your existing operations, this is the perfect chance to invest in a thriving market. For more information and to schedule a confidential discussion, please contact Zach Hickson or Jennifer Rafael. #AcquisitionOpportunity #DealershipforSale #AutomotiveUSA #DSMA #RealDeal

Great opportunity in New York State

Lincoln to cut more dealership locations this year after record 2023 decrease BREANA NOBLE   The Detroit News Lincoln said Thursday that it cut approximately 100 U.S. stores last year, a record number, and could shed around that many this year in an effort to bring its footprint closer in line with other premium brands. The Ford Motor Co. luxury brand is working with dealers one-on-one on details of the buyouts, said spokesperson Anika Salceda-Wycoco, who declined to provide details on those transactions. Lincoln sold close to 82,000 vehicles in the United States in 2023, a 2% decrease year-over-year. Meanwhile, Cadillac sales rose 9%, and Lexus' were up almost 24%. "Our priority is to be where the luxury clients are and where the luxury market is," Salceda-Wycoco said. The consolidation has been ongoing for several years and is not related to electrified offerings, she said. Lincoln had approximately 500 stores at the end of 2023, down from 685 in 2021. The brand is looking to decrease that further to about 400 by the end of this year. #Lincoln #dealership #ford https://lnkd.in/eavE-Cgd

Opportunity for new Dealership

Calling all South Australia Dealers! Meet Jackson Haar – your SA Account Manager. Jackson engages franchise and independent dealers in the South Australian market to drive adoption of AutoGrab's data and solutions. Due to a large increase in new car supply, franchise dealers have taken a significant hit on overall new car gross/gross per unit. AutoGrab's sourcing tool allows dealers to seamlessly navigate the entire AU used car market to regularly identify highly profitable buying opportunities, in turn equipping dealers with some control over their overall gross, facilitating higher stock turn and improving their bottom line. South Australia typically accounts for 6%-8% of the AU used car market, it's crucial dealers have access to as much real-time market data as possible to make the most educated decisions around their stock acquisition, appraisals and stock management. Get in touch with Jackson today to schedule a demo and answer any queries that you may have. #UsedCars #Automotive #Sales #SouthAustralia

In 2003, I went to work for the highest volume single point pre-owned dealership on the West Coast - we occupied three city blocks in Portland Oregon and sold upwards of 400 cars a month, 75% of which were sold to deep sub-prime customers. I wanted to know how this store was generating that kind of volume, and HOW they were getting those deals bought because up to that point, I had only worked in the new car space. I had been running the Internet Sales Department/BDC for a nine franchise dealer group that focused on A and B paper. Very risk averse. And, at that time, not terribly lucrative for us order takers. I knew there was opportunity in figuring out how to use the Internet to promote used cars (that hadn't really caught on yet) and to provide solutions to credit challenged buyers. Over the subsequent three years, Oh Boy, did I learn. Fast Forward to 2024. The "lead" market is saturated with stale recycled customer info because NO ONE COMPANY can self-generate enough volume to satisfy demand. So I pose the question - HOW do you wisely spend your marketing dollars where they are going to give you the greatest value and potential to generate plus sales and the profitability that comes with those sales? You ask me for a complimentary Subprime Market Analysis and see for yourself!

Here are a few things to considered when it comes to higher profits through Used Vehicle Sales. Excellent insight from Rick Tudor Tudor! https://lnkd.in/eVJggPkG (https://lnkd.in/eVJggPkG) #UsedVehicles #Dealerships #VanguardDealerServices

Franchised auto dealers polled by Cox Automotive Inc. in the first quarter perceived no improvement in their markets — but no worsening conditions, either. However, those polled continued to show the sourest sentiment since the heart of the COVID-19 pandemic in the U.S., as growing inventory shrank profits and interest rates and other economic factors weighed on customers. "Dealers are making less money, and that really weighs on a lot of the outlook," Cox Chief Economist Jonathan Smoke said Tuesday while discussing the combined franchised and independent dealership survey results. He called reduced profitability "really a franchise story. Because independents have been feeling that for several years." He said franchised #cardealers also are now reporting "the same things on costs and pricing pressure" that had previously been felt more by the independent sector. Franchisees also again reported reduced traffic compared with the previous quarter. #carsales Find out more on Automotive News: https://lnkd.in/gUJCv25g

How can a 4 multiple franchise sell for a 6 multiple? At Gill Automotive Group, we believe the answer lies in a complete valuation of the seller's dealership. Our no-cost Summary Analysis not only summarizes the financials over a 4-5 year period but also analyzes production to identify potential opportunities relayed to potential buyers. This is why in some instances, dealerships sell for a higher multiple than the norm for their franchise and market. We understand the importance of a complete valuation, and that's why we offer a no-cost Summary Analysis for every engagement we enter. Once complete, we physically visit with the seller to discuss all aspects and arrive at a likely final value for the dealership. With a value in place, we go to market. Trust Gill Automotive Group, LLL, to help you get the most out of your dealership sale. #automotiveindustry #carbusiness #mergersandacquisitions #automotive #automotivenews Interested to learn more about the value of your dealership(s), timing, etc.? Reach out to me personally for a confidential conversation. Whether you are considering a sale today, next week or next year, being armed with information regarding the value of your dealer has got to be a plus in assisting in your decision-making process. www.gillauto.com or call Andy Gill at 678-232-1016

Discover the exceptional opportunity presented by these established California dealerships specializing in domestic brands. Strategically located within two hours of their nearest competitors, these three expansive dealerships are poised to dominate their local market. Each dealership boasts over 150 parking spaces, more than 8 service bays, and spans over 2.5 acres of prime real estate. Align yourself with 3 reputable brands that have a proven track record of success in California. Key Highlights: - Annual Inventory Volume: exceeds 1000 units. - Strategic Location: enjoy highway visibility and easy accessibility in a market with over 20,000 residents, strategically positioned between two major metropolitan areas, ensuring minimal competition. - Triple the Impact: own three dealerships under one ownership, establishing a significant presence in the local automotive market and instantly enhancing brand recognition and market share. - Diverse Inventory: from sleek crossovers to popular trucks, these dealerships offer a wide array of domestic vehicles, appealing to a broad spectrum of customer preferences. This dealership network presents substantial growth potential and profitability. For further details on this lucrative venture, contact Robert Schlicht today. #AcquisitionOpportunity #DealershipforSale #AutomotiveUSA #DSMA #RealDeal