Franchise Store Transactions Pick up in Second Quarter

By Staff Writer August 30, 2018

The new tax law and improved economies of scale and scope are among the trends driving a robust Buy/Sell market in the second quarter, according to The Blue Sky Report released by Kerrigan Advisors.

After a slow start to the year, 75 transactions were completed in the second quarter. That was a 92 percent increase over the first quarter.

With consolidators and publicly traded auto retailers seeing increased earnings, profitability at dealerships holding steady, and dealerships embracing profit-driving business models, Kerrigan Advisors predicts that 2018 will mark the fifth consecutive year to see over 200 transactions.

Last modified on Thursday, 30 August 2018 23:07

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