Industry issues

The ageing of dealer networks and the need for succession planning and exit strategies

Graham Killer Graham Killer

How it affects your business

The trend of the last decade which has seen dealership groups in acquisition and succession modes leaves several smaller dealers contemplating their future.

How Grant Thornton can help

Grant Thornton can help dealerships at all stages of their life cycle to achieve their goals. Whether new arrivals to the industry looking to acquire a dealership, or established dealers, we can guide you to implement the most tax-effective structure. Helping you:

  • understand and meet your compliance obligations 
  • complete a business plan 
  • make a detailed cash flow forecast for franchise applications
  • maximise your return on investment by reviewing against industry benchmarks 
  • make organisational changes to improve business processes, integrate services and analyse costs 
  • investigate accessions (undertaking due diligence) 
  • devise the best exit or succession strategy