Dec 27, 2024 | Business Appraisal, Business Valuation, Car Dealership, New Car Dealership, Selling a Business
Selling a new car dealership can be a big decision. However, it can be lucrative if you are retiring or cashing in on years of hard work. Before selling a new car dealership, it is important to get a car dealership valuation. This process also helps you understand the...
Nov 9, 2024 | Business Appraisal, Business Valuation, Buying a Business, Car Dealership, New Car Dealership
After the strain created by the COVID-19 pandemic, the new car market has rebounded and been one of the strongest markets in the US. New car dealerships have greatly benefited from the increased demand. If you are looking for a way to profit from the strong new car...
Oct 31, 2024 | Business Appraisal, Business Valuation, Buying a Business, Car Dealership, used car dealership
In recent years, the used car market in the US has been stronger than ever. If you are looking to capitalize on that strong market, buying a used car dealership might be right for you. Getting a valuation for buying a used car dealership will be critical in the buying...
Apr 5, 2024 | Car Dealership, SBA Financing, SBA Lender, SBA Loans
New car dealerships sell new cars, trucks, SUVs, and passenger vans. Over the past 5 years, this industry generated over $1 trillion in revenue. According to IBIS World, we can expect healthy revenue and profit growth to continue in the years to come. As such, now is...
Mar 25, 2024 | Car Dealership, SBA Business Valuation, SBA Financing, SBA Lender, SBA Loans, used car dealership
There are over 150,000 used car dealerships throughout the country. Together, these businesses generate over $36 billion per year. In the coming years, IBIS World predicts industry revenue to continue upwards. This is ideal if you are looking to start, buy, or expand...
Dec 28, 2023 | Business Appraisal, Business Valuation, Car Dealership
Businesses in the new car dealing industry sell new and used vehicles such as cars, SUVs, trucks, and passenger vans. Many new car dealerships also sell auto parts and provide car repair services. According to IBIS World, this industry has performed well over the past...
