"I do think that values are leveling out and maybe even softening a bit and we might have hit a peak in valuations, at least for a little while," says Chris Garman, vice president of corporate development, Sun Auto Tire & Service Inc. "But the values are still really good and people are still able to retire based on what they’ve built."
Something is not right in the world of independent commercial tire dealers and I can’t quite put my finger on how they can fix it. Commercial tire dealers just might need to organize and go on strike.
Is it more than just making a profit?
Michael McGregor is Managing Director at FOCUS Investment Banking. His ...
If you’re an automotive aftermarket retailer and you’re not selling online, you run the risk of being left behind. If you are already selling online, great—but you may need to up your game if you hope to stay competitive going forward. Indeed, having a holistic sales approach—physical stores and e-commerce—may be the best way to compete in this rapidly changing and growing business. M&A may be the quickest way to get there.
Most entrepreneurs start a business based on one or two of many potential reasons---it could be to exploit a unique skillset or access to talent, pursue a passion or simply meet a need otherwise not being met in the marketplace.
Industry operators are going to have to treat their employees and their customers better if they hope to remain competitive.
Two Former Sears Executives Look Back on Chain’s Decline
The family-owned wholesale tire distributorships in the U.S. is a competitive, low-margin business. Most relationships between distributors and retailers don’t include long-term contracts. The only real differentiator for new players entering the market is price. Giorgio Andonian talks about what you need to do to stand out in these conditions.
“If the Margins, Rents and EBITDA Look to Be In Line, Then We Are Good to Go” Continue reading what Michael McGregor means by that.
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker-dealer and member FINRA/SIPC © 2024 FOCUS Investment Banking LLC
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker-dealer and member FINRA/SIPC
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