Getting Your Money's Worth: The Value of a Shop Albuquerque NM
We must first define which type of consolidator you might be dealing with, if we want to know how a consolidator arrives at the value of a shop. Read on to know more about this.
Star Group Llc
(505) 260-0876
4100 Marble Ave NE
Albuquerque, NM
Star Group Llc
(505) 260-0876
4100 Marble Ave NE
Albuquerque, NM 87110
Data Provided by:
Pecos Management Svc Inc
(505) 323-8355
7901 Mountain Rd NE
Albuquerque, NM
Pecos Management Svc Inc
(505) 323-8355
7901 Mountain Rd NE
Albuquerque, NM 87110
Data Provided by:
Synergy Group
(505) 266-3104
7604 Summer Ave NE
Albuquerque, NM
Synergy Group
(505) 266-3104
7604 Summer Ave NE
Albuquerque, NM 87110
Data Provided by:
Multitek
(505) 889-3703
2400 Comanche Rd NE
Albuquerque, NM
Multitek
(505) 889-3703
2400 Comanche Rd NE
Albuquerque, NM 87107
Data Provided by:
Smart Use Llc
(505) 888-1722
1211 Roma Ave NW
Albuquerque, NM
Smart Use Llc
(505) 888-1722
1211 Roma Ave NW
Albuquerque, NM 87102
Data Provided by:
Consensus Builder
(505) 254-3942
1412 Morningside Dr NE
Albuquerque, NM
Consensus Builder
(505) 254-3942
1412 Morningside Dr NE
Albuquerque, NM 87110
Data Provided by:
P M Tech
(505) 260-8000
2021 Girard Blvd SE
Albuquerque, NM
P M Tech
(505) 260-8000
2021 Girard Blvd SE
Albuquerque, NM 87106
Data Provided by:
Human Initiative Inc
(505) 270-0891
302 Girard Blvd SE
Albuquerque, NM
Human Initiative Inc
(505) 270-0891
302 Girard Blvd SE
Albuquerque, NM 87106
Data Provided by:
Hibernian House
(505) 244-9109
600 Coal Ave SW
Albuquerque, NM
Hibernian House
(505) 244-9109
600 Coal Ave SW
Albuquerque, NM 87102
Data Provided by:
Genquest Inc
(505) 246-2829
1805 Rio Grande Blvd NW Ste 2
Albuquerque, NM
Genquest Inc
(505) 246-2829
1805 Rio Grande Blvd NW Ste 2
Albuquerque, NM 87104
Data Provided by:
Data Provided by:
By Larry Edwards
4/1/2000 "How does a consolidator arrive at the value of a shop?"
- Clyde Wilkerson, owner, Wilkerson Body & Frame, Kokomo, Ind. To answer this question, we must first define which type of consolidator you might be dealing with. Collision shop consolidators generally fall into one of two categories. The Predator
First, there's the consolidator whose sole purpose in life is to operate collision shops. He generally buys other shops to obtain their customer base and increase his market share. Or he wants to buy your business to secure your location, employees or equipment. Generally, this kind of consolidator is buying businesses locally or regionally and is targeting shops he believes have weaknesses - for example, owners nearing retirement who want to get out of the business or have poor sales results, disgruntled employees, etc. These buyers are very familiar with this business and are usually very familiar with your business. You can expect them to offer a price based upon the hard assets the business owns in buildings and equipment, with little or no value placed upon the intangible assets a business possesses - like the customer base you've worked years to build or the excess cash (cash beyond your basic salary) the business provides. Because these consolidators (predators) sense a weakness, they're simply trying to exploit that perceived weakness. In the last five years, I've only encountered a handful of people who fi... |
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