Should you start a new shop or buy an existing one?
Auto Service World
DECEMBER 19, 2024
A lot of banks aren’t going to give [that loan], Demarest said. The only shop that may be on the market may be one thats too successful. For example, say the shop is netting $1 million a year. With a top-end multiplier, that shop would be valued at $3 million. Do you have that cash?
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