car dealer

Once again we have a new listing.  This one will go fast so if you have any interest contact me immediately!

Other dealerships available:

Major Japanese Import Store in Eastern Mass.

GM Store with Trucks in Western Mass.

There has been a lot going on lately in the Auto Industry and in the car dealership market in New England.  I'm not sure about you but we are very busy here and often don't have time to take to catch up on industry articles, and articles with good tips for your business.  Here are a few we have come across in the past weeks.  I hope you also find them useful.

The World for Car Dealers has changed dramatically since 2008 when it seemed recovery may never come.  Since that time sales have recovered and outside investors are more and more interested in buying up dealership groups.  This has led to lots of consolidation in the marketplace and great opportunities for Dealers who now have to ask themselves...Should I stay in?...Should I get out?...Should I expand....Should I sell to someone who wants to expand themselves?

It's not something you necessarily want to think about...but it is something you should think about.  There will come a day when you no longer want, or are able to run your dealership.  Who will take over?  How do you protect all the value you have created?  What are the opportunities to do this better?  What are the pitfalls?  Those are hard questions but with some planning and thought all those questions can be answered and a smooth succession of your business can take place.

So why do you need a succession plan?  Many reasons: