Selling the Dealership, Part 2: How Much Is the Business Worth?

| 1/2/2019
The market for dealerships remains active, making this a good time to consider a sale. But deciding to sell is just the first step. Before dealers seek bids, they need to determine the value of their dealerships as well as whether they need to engage the services of professional appraisers and brokers. This article discusses some of the factors that affect a dealership’s value, whether a formal valuation is necessary, and the pros and cons of using a broker instead of going it alone.
Selling the Dealership, Part 2: How Much Is the Business Worth?
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