Blog categorized as Useful Information
Moore GMC Truck in Danvers, MA Sold to Village Auto Group
Nancy Phillips Associates is pleased to announce the sale of Moore GMC Truck in Danvers, MA, owned by Bob and Elaine Moore sold to Ray Ciccolo, Owner of Village Automotive Group and his COO, Tony Bartolotti.
Moore GMC is one of the country's remaining standalone GMC dealerships as mentioned in t...
CARS for CASA 2020 Event
Should you stay or should you sell?
1. There are many very strong buyers out there whom are seeking acquisitions to strengthen their positions. 2. Despite market conditions, dealership values remain steady 3. There is an increased interest in secondary market locations.
- Current and future industry volatility
- Personal health concern...
Nancy Phillips Associates Announces the Sale of Denecker Chevrolet in Middlebury, VT
Nancy Phillips Associates Announces the Sale of Port City Chrysler Dodge Ram in Portsmouth, NH to Key Auto Group.
What should you do if you are concerned about the future of your dealership?
- Are you worried about how your dealership will perform based on current economic conditions?
- Do you question your ability to compete with ever growing dealership groups, digital marketing, lead generation technology and other high impact technology based marketing initiative...
The Process of Evaluating Your Dealership
Introduction
An Auto Dealership Evaluation prepared by Nancy Phillips Associates helps you define your personal needs and business options in terms of financial goals, the future direction of the business and your own exit plan. Knowing the value of your dealership is essential to ma...
Selling Your own Dealership
- Having an unrealistic price in mind. Owners are often unrealistically high or low in pricing their own dealership, resulting in money left behind – or no deal at all.
- Not seeing your business through the eyes of a prospective purchaser. Whether you’ve invested 5 years or ...