Navigating Car Dealership Exit Planning
Selling Your Car Dealership
There are two main ways auto dealership owners sell their business, assets versus stock sale. The type of deal you make can significantly affect how much money you walk away with at the end of the day. As it is always wise to do your homework before entering into any agreement, dealerships should carefully weigh both options and decide which one is best for them
The key difference between these sale types lies in how the buyer makes its payment after agreeing on all terms presented by the seller. For example, in most cases where a stock sale is the method of choice, a buyer will pay in shares. This can be advantageous to you and your new business partner because it does not require immediate cash flow from the auto dealership after closing on the deal.
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