We have been fortunate to assist Foundation Automotive Corp. with all of their corporate acquisitions. Through these transactions (and the many others we have evaluated), we have a strong sense of what makes a dealership attractive to suitors and how to effectively market these strengths to buyers. Through an uncertain 2020, the most successful auto dealerships were able to quickly implement new digital marketing and sales procedures and had a laser focus on operational efficiencies. Couple this with increased consumer demand and dealership profitability has been strong.
The industry is going through a state of consolidation and transition as the OEM’s roll out their electric fleets. Change has never happened at a faster pace, call us to explore how we can help you with your company sale or acquisition.