As the leading auto dealership brokerage firm in the auto retail industry, Kerrigan Advisors is often quoted in top industry publications, such as Automotive News and the Wall Street Journal.  Our team includes recognized experts in auto dealership buy/sells, real estate, and valuation. Kerrigan Advisors writes for many of the top periodicals in the auto retail industry.  We maintain a monthly column in Dealership Magazine, for which we have written since 2007.  Kerrigan Advisors has also written articles for Driving Sales, the Texas Auto Dealers Association and NADA.

Are you up or down? Franchise values in motion

The US auto market has always been a highly dynamic, competitive marketplace, with OEMs’ product lines, inventory availability, corporate strategies and technology in constant motion.  These elements can, and often do, impact blue sky multiples for their respective franchises.  Each quarter, we make adjustments to blue sky franchise multiples, positively and [...]

May 3rd, 2017|In the News|

The Buy/Sell Market – Previewing the Year Ahead

2017 promises to be another active year for buy/sells with private groups, and more public buyers, eager to put their capital to work.  We find a continued flow of sellers coming to market, motivated by current prices and a strong desire to capitalize on today’s buy/sell activity.  And, we continue [...]

May 1st, 2017|In the News|

Auto Dealers Decide Cars Are Taking Up Too Much Prime Space

AutoNation Inc., AN +0.04% the largest seller of new vehicles in the U.S., is making a $500 million bet on the used-car business. To pay for it, the dealer chain is selling what has long been the industry’s most precious asset outside of the cars: property. The Fort Lauderdale, Fla.-based company’s move follows a [...]

April 29th, 2017|In the News|

How These Auto Dealerships Stocks are Faring? — CarMax, AutoNation, Copart, and Penske Automotive

Stock-Callers.com has initiated reports coverage on CarMax Inc. (NYSE: KMX), AutoNation Inc. (NYSE: AN), Copart Inc. (NASDAQ: CPRT), and Penske Automotive Group Inc. (NYSE:  PAG). According to The Blue Sky Report®, a Kerrigan Quarterly, an increase in serious sellers coming back into the market, improved valuations, private buyer demand for large [...]

April 18th, 2017|In the News|

Buy-sells shuffle dealership rankings

It's a good time to buy dealerships, says Brian Bates, CEO of Holman Consumer Services, the branch of Holman Enterprises that includes Holman Automotive Group Inc. Holman Automotive acquired the 14-rooftop Kuni Automotive in July. The acquisition bumped Holman 35 spots higher on Automotive News' annual Top 150 Dealership Groups list, which [...]

March 27th, 2017|In the News|

Public Dealer Groups Sell More Than They Buy

Buy/sell auto dealership activity is set to rebound to record levels in 2017, according to The Blue Sky Report from Kerrigan Advisors. Although there was a slight decline (8 percent) in overall transaction activity in 2016, and rising real estate costs are set to present a challenge for buyers, an [...]

March 25th, 2017|In the News|

5 factors to drive dealership buy/sell activity

Two firms — Haig Partners and Kerrigan Advisors — each shared upbeat reports about the “robust” outlook for dealership buy-sell activity. In fact, The Blue Sky Report from Kerrigan Advisors went so far as to say dealership buy/sell activity is set to rebound to record levels in 2017 as the firm released [...]

March 25th, 2017|In the News|

Buy/Sell Auto Dealership Activity Declined in 2016, but Record Activity Predicted for 2017 according to The Blue Sky Report® released by Kerrigan Advisors

Buy/Sell auto dealership activity is set to rebound to record levels in 2017, according to The Blue Sky Report®, a Kerrigan Quarterly, which today released its analysis for the full year 2016.  Although there was a slight decline (8%) in overall transaction activity in 2016, and rising real estate costs [...]

March 23rd, 2017|In the News|

Buy-sell activity poised to rebound

Buy-sell activity last year slipped from 2015's record level, but brokers expect it to rebound this year as more sellers come to market with realistic price expectations. Domestic brands and nonluxury import brands are hot. That's partially, but not entirely, because of their truck-heavy lineups, two buy-sell advisers say in [...]

March 20th, 2017|In the News|

Continued Strength in the Buy/Sell Market and the Road Ahead

As we wrap up another strong year of buy/sell activity, it is valuable to reflect on some key themes that are influencing the acquisition market, and continue to power this very strong transaction trend. We continue to see transaction sizes rise and multi-dealership groups come to market at an increasing [...]

March 4th, 2017|In the News|

Why Some Franchises are Worth More

While scarcity and historical earnings certainly influence Blue Sky multiples, risk profile plays squarely into the multiple that buyers are willing to pay for certain franchises. For example, the franchises that are trading at a 4 multiple or under would seem highly attractive to a buyer focused on ROI, but [...]

February 21st, 2017|In the News|

Buy-sell business could boom this year

This year's buy-sell activity is expected to outpace 2016's in volume -- if sellers continue to come to market and prices drop, buy-sell advisers say. "We have projected this to be the most active buy-sell market in history," said Erin Kerrigan, managing director of Kerrigan Advisors in Irvine, Calif. Kerrigan [...]

February 13th, 2017|In the News|