Put the puzzle together – Dealership valuation is both an art and a science

Description

Abstract: When it comes to selling a dealership, or passing the business on to heirs, a basic question arises: How much is it worth? The answer depends on many factors, and this is where the experience of a professional valuator comes into play. As this article explains, a valuator considers many factors, such as book value, “blue sky,” product mix and location.