We have successfully advised on more than 140 dealership transactions. Following are some of our statistical findings.
OUR TRANSACTIONS COMPLETED BY BRAND
Fiat Chrysler – 16% Kia – 9% Nissan – 9% Mitsubishi – 8%
Ford – 8% Hyundai – 8% Toyota, Honda – 7%
Volkswagen – 6% Other – 6% Audi – 4%
Lexus – 4% Mazda – 4% Acura – 4%
Reasons Our Clients Sell Their Dealerships
There are a variety of reasons for selling an automotive dealership. Over the past five years, our transaction data indicates that the there are four primary drivers.
Average Age and Length of Ownership
We have completed a vast number of transactions and found that on average, automotive dealerships are owned for 20-35 years before they are sold. Additionally, automotive dealership owners typically range from 55-67 years of age.
Our team has developed an extensive network of influential contacts across North America within the retail industry, corporate manufacturers, automotive suppliers and professional services. We continually cultivate these relationships to tap into industry experts for breaking news, trends and connections.
“I recently sold my family businesses which included six dealerships that I had owned for 20 years. Dealer Solutions helped me through the entire process. They brought a number of uniquely qualified purchasers to the table, skillfully handled the negotiations and ultimately secured a great price. I highly recommend the Dealer Solutions team if you are considering selling your dealership. You won’t regret it.”
JIMMY LAPOINTE, FORMER PRINCIPAL, LAPOINTE AUTO GROUP
“Gentlemen, you truly hustle and I really appreciated your tenacity to get the job done. I would recommend Dealer Solutions North America to any principal who is looking to sell or buy a dealership.”
TONY DEL GOBBO, DEALER PRINCIPAL
“They brought a high level of professionalism and effective services that were tailored to our specific needs. Dealer Solutions’ experience and understanding of the retail auto industry resulted in quickly identifying well-vetted, potential buyers and the successful completion of our deal.”
BARRY SHAFRAN, PRESIDENT & CEO, CHESSWOOD
CANADA: 305 Renfrew Drive | Suite 202 | Markham ON | L3R 9S7 UNITED STATES: 81 Kercheval Ave | Suite 200 | Grosse Pointe Farms MI | 48236 1(855)-928-SELL | info@DealerSolutionsNA.com