“We believe as the auto retail cycle matures, sales growth will slow and competition will increase, putting pressure on gross margins, dealership earnings, and eventually dealership."
Irvine, California (PRWEB) April 22, 2014
Kerrigan Advisors, Inc., a national auto dealership brokerage firm focused on serving dealership sellers, today announced the publication of The Blue Sky Report™, its inaugural quarterly industry review of dealership buy/sell transactions and blue sky values.
Highlights from the report include expert commentary on industry trends, including:
- 2014 will be a dealership seller’s market—The 2014 market continues the 2013 trend of more buyers seeking acquisitions than sellers seeking capital.
- Dealership values are at their peak— Slower sales and earnings growth in 2014 and 2015 will have a negative impact on future dealership values.
- Private buyers are more active than public buyers—Private dealership groups made 146 U.S. dealership acquisitions during 2013, representing 78% of total acquisitions, while the public dealership groups acquired only 34 U.S. dealerships. *
“Based on the data and analysis in this report, we expect this seller’s market to last through 2014 and most of 2015, at which point we expect the supply of dealerships for sale to begin to increase and buyers to gain better pricing power”, stated Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. “We believe as the auto retail cycle matures, sales growth will slow and competition will increase, putting pressure on gross margins, dealership earnings, and eventually dealership values.”
To learn more about Kerrigan Advisors and to download the entire copy of The Blue Sky Report™, please visit http://www.kerriganadvisors.com.
About Kerrigan Advisors
Kerrigan Advisors is the premier dealership brokerage firm focused on serving auto dealership sellers. With deep industry knowledge and expertise, Kerrigan Advisors customizes the dealership sale process to maximize transaction proceeds for sellers. Leveraging its proprietary Buyer Database, the Kerrigan Advisors Team guides sellers through a highly professional, actively managed, competitive, and – most important – discreet sales process to find the best buyer for its clients’ dealerships. For more information and to personally connect, please visit http://www.kerriganadvisors.com.
*Source: The Banks Report
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