Automotive Dealerships

Serving more than 65 franchise dealers and related entities across the nation, our Automotive Dealership Group leaders are veterans at finding and negotiating multi-franchise acquisitions, completing valuations and dealership sales at maximum price, evaluating and monitoring LIFO conformity issues, ensuring factory compliance requirements are met and executing tax-free franchise transfers. As an active industry participant in many auto dealer associations, we understand the unique aspects of your business. Our team offers a wide variety of services to help you run your dealership successfully.

Services for Automotive Dealerships

• Proactive planning and creative tax ideas to enhance income and maximize dealer wealth
• LIFO inventory applications to help defer federal income taxes
• Certified audits, reviews and compilations
• Creation of off-shore entities to lower operating costs and improve profits
• Buy-side services backed by years in multi-franchise acquisition(s)
• Sell-side valuations to help maximize value potential
• Assistance in finding business purchasers through our extensive industry involvement
• Estate and succession planning to minimize transfer and gift taxes when you pass the torch to the next generation
• Internal controls evaluations to identify susceptibility to theft or cash losses, and preventative program implementation
• Coordination of financing negotiations to minimize debt-service costs and raise short-term cash or recapitalize the dealership
• Dealership and employee benchmarking to determine where improvements can be made
• Resolution assistance with manufacturers
• Cost segregation studies to reduce costs and tax burdens