| Adding a Franchise
If you own Saturn this goes without saying, but even if you own a Chrysler dealership, it might be wise to find yourself a substitute franchise. Things are not going well and, though I hate to say this, it seems like the writing is on the wall.
What to buy? Anything solvent is a good place to start. Some lesser loved franchises are moving into their own on the backs of our demised domestics. The quadruplets (Mercedes, BMW, Honda and Toyota) remain priced into the stratosphere and may be in for a price adjustment, or at lease one of them will surely be, sometime soon. |
| Dealership Liquidation
If you are deciding to close, do it with time on your side. Don't get caught remotely close to the time when your franchisor is preparing for a Chapter 7 or 11. Without the government component to these methods, you'll be left holding the bag when it comes to parts and vehicle returns. Access our proven team of liquidators for the sale of your dealership assets. |
|
New and Noteworthy
Our partner, Barton Hyte appeared on the Sunday October 4th showing of 60 Minutes. Barton was hired for the liquidation of the assets of the controversial Dreier Law Firm in New York City and his auction was covered on film in detail. For more information about the appraisal and liquidation of dealership assets, contact Nancy Phillips. |
 Meet our new partner, Jim Bernardi and his company AutoPro Training Solutions. AutoPro provides the expertise and training to make your fixed operations department far more profitable than it is now. For more information, contact Jim at 812-325-5651 or jbernardi@autoprotraining.com. |
|
__________________________________
Automotive Opportunities
VW - Major metro point in largest northern New England city. This franchise has big plans for future growth and may just be a winner over the next 5 years!
General Motors - Connecticut near the ocean. Buick-GMC with continuation letter located on Auto Row.
VW - New Hampshire. Buy land and franchise for $1.3 million. Property is perfectly situated between Wal-Mart, Lowes Home Improvement Center and Kohl's. New facility cost is estimated at $1.7 million.
State of the Art Body Shop - Beautiful brand new body shop and office located close to major highway in southern NH near to MA border. Usable land is approximately 7 acres. A great central location for a destination classic car restoration shop or other automotive use.
Priced to sell at less than full value for only $750,000. Body shop equipment and assets are available and include 2 new Global Expert Down-draft spray booths.
Suzuki - Manchester NH market area. Buy a franchise for only $225,000. Facility required.
__________________________________ |
The Phillips Report
