Jul 21, 2021 | Business Valuation, Car Dealership, Valuation Multiples
Within the car dealership industry, there are used car dealerships and new car dealerships. Across the United States, there are nearly 22,000 new car dealerships and over 129,000 used car dealerships. Together the new and used car industry generates over $1 trillion...
Jul 15, 2021 | Business Valuation, Car Dealership, Value Drivers
Car dealerships are experiencing a shortage of cars on their lots. This is primarily due to supply chain shortages in the new car market. The lack of new cars is causing more individuals to hold onto used cars rather than buy a new car. Hence, used car dealerships are...
Jul 9, 2021 | Business Valuation, Car Dealership
The automotive industry is experiencing shortages of cars. Due to COVID-19, many supply chains are seeing an impact. The lack of new cars is causing fewer individuals to sell their used cars. Hence, many used car dealerships are experiencing a shortage of cars on...
Jul 7, 2021 | Business Appraisal, Business Valuation, Car Dealership
The automotive industry is experiencing a drastic lack of cars. This is primarily due to shortages in the supply chain due to the COVID-19 pandemic. As such, many car dealers are looking to enter or exit the market. Whether you plan on selling a new car dealership or...
Jun 29, 2021 | Business Appraisal, Business Valuation, Machine Shop
The demand for machine shop services has been growing over the past several months. Machine shop services primarily focus on grinding, drilling, boring, CNC milling, and sawing services. Additionally, machine shops specializing in the automotive industry are...
Jun 24, 2021 | Business Valuation, Pest Control
Pest control companies are among the most popular businesses in the United States! They are infamous among college-aged individuals. Many students sell pest control during their summers while they are not in school. “Summer Sales,” as it has become known, is extremely...
