Getting Your Money's Worth: The Value of a Shop Denver CO
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.
Tangent Services
(303) 388-7049
321 E 18th Ave
Denver, CO
Tangent Services
(303) 388-7049
321 E 18th Ave
Denver, CO 80203
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Mc Lagan & Co
(303) 832-6090
677 Emerson St
Denver, CO
Mc Lagan & Co
(303) 832-6090
677 Emerson St
Denver, CO 80218
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RBSCo
303-832-7272
1490 Lafayette St.,
Denver, CO
Maxx Media Solutions
(720) 985-6947
1100 Grant St., #408
Denver, CO
Ron Judish Assoc
(303) 830-6895
1070 Downing St
Denver, CO
Ron Judish Assoc
(303) 830-6895
1070 Downing St
Denver, CO 80218
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Enermodal Engineering Inc
(303) 861-2070
1554 Emerson St
Denver, CO
Enermodal Engineering Inc
(303) 861-2070
1554 Emerson St
Denver, CO 80218
Data Provided by:
Henry Krupp and Company
303-282-6265
521 Marion St.
Denver, CO
Planet Management Consulting
(303) 237-4303
1045 Lincoln St
Denver, CO
Planet Management Consulting
(303) 237-4303
1045 Lincoln St
Denver, CO 80203
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Beecher Carlson Holdings Inc
(303) 388-5688
1655 Lafayette St Ste 200
Denver, CO
Beecher Carlson Holdings Inc
(303) 388-5688
1655 Lafayette St Ste 200
Denver, CO 80218
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Kuhn & Assoc
(303) 322-8233
234 Cook St
Denver, CO
Kuhn & Assoc
(303) 322-8233
234 Cook St
Denver, CO 80206
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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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