Whether you are purchasing or selling a dealership or franchise, having the
right team of advisors is critical to obtain the best results. As experienced
dealership CPAs, our first task is to place you in touch with the "economic
reality" of the proposed transaction by identifying the strengths and weaknesses
of the deal. From that initial assessment, a strategy is devised to coordinate
with your legal (and other) advisors to generate the best deal. The process of
completing a deal is definitely not a "sprint", but rather a marathon requiring
a highly skilled team working in concert with one another.
We have
extensive experience in leading dealership transaction teams ranging from
single-point, dealer-to-dealer transactions to deals with major dealership
groups and consolidators involving multiple stores and franchises.
Every
deal is unique, and every deal involves emotion and stress. While dealers are
savvy business people and clearly know how to buy and sell vehicles, most
dealers are not in the business of buying and selling dealerships/franchises.
These are important events requiring the best team possible, and our
professionals have loads of experience and success to share with you.
Our Services Include
Determining the value of the dealership or franchise
Identifying potential purchasers or sellers
Coordination with your professional advisors
Income tax and estate planning advice
Direct negotiations with potential sellers or buyers
Review of documents with your legal counsel
Coordination of communications between parties
Coordination of communications with the factory
Due diligence services
Financial structuring advice
Assistance with Letter of Intent, Purchase Agreement
and Closing stages
