A thoughtful business valuation of an auto dealership will likely rely on multiple approaches to derive an indication of value. While each approach should be considered, the approach(es) ultimately relied upon will depend on the unique facts and circumstances of the dealership and its operating conditions. We recently focused on the asset approach and the income approach for valuing auto dealerships. This post presents a broad overview of the market approach, the last of the three approaches considered in all business valuations.
