Dealerships Changing Hands At Record Rate
If one dealership is profitable a 2nd will automatically double profits. It’s basic math, y’all! (Not investment advice)
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Q1 2022 hit a new high for dealership buy-sell transactions. Year-over-year, the number of dealerships changing hands increased from 383 to 389. Experts say sustained record profits will continue to drive dealership acquisitions as groups seek larger portions of the market.