Should dealers buy, sell or stay?
Date published: March 20, 2018
Buy-sell expert advises to weigh likelihood of successorship with current high values and potential returns of staying in the gam
For Canadian car dealers, there might never be a better time to sell. Franchise values are high and buyers with fat wallets are plentiful.
But the high yearly earnings that make so many dealerships ripe targets for purchase could be ac compelling reason for an owner to stay on, says dealership buy-sell expert Erin Kerrigan, even if it means accepting a lower sales price down the road.
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