FAQs

To become a part of Gill Automotive Group's buyers database, simply reach out to us through our contact form or give us a call. We'll guide you through the process of joining our network of qualified buyers, where you'll gain access to exclusive dealership acquisition opportunities. Whether you're looking to expand your portfolio or enter the automotive industry, we're confident we have the perfect match for your investment goals.

Once you've contacted us, we arrange a consultation to explore your needs, goals, and concerns. We never pressure you; we aim to be straightforward and supportive. If you decide to move forward, we kick off the valuation process and assist you through every phase of the sale. Throughout this process, we offer expert guidance and steadfast support to empower you to make informed decisions.

Our free valuation process is comprehensive and meticulous. We analyze various factors such as financial statements, off-statement income, factory data, real estate information, and more to provide an accurate valuation down to the penny. This detailed approach ensures that you have a clear understanding of your dealership's worth in the current market.

We understand the importance of confidentiality, especially when it comes to your employees. Initially, only a serious and thoroughly vetted buyer will be informed about the sale. The buyer must sign a legally-enforceable non-disclosure agreement.

Key employees will usually get involved once a purchase agreement is executed and we are a few months from the finish line. Until then, the sale remains confidential to protect your team and the business.

Once we receive all the required data for the valuation, whether it's through a PDF file or sent overnight, our expert team begins the valuation process promptly. The timing for completion of the valuation depends on the thoroughness and completeness of the data provided, as well as the size and complexity of the dealership(s) being evaluated. For instance, valuations for multiple stores may take longer as we conduct a combined valuation. However, as a standard practice, we aim to complete the valuation within a week.

After the valuation is completed, we schedule a meeting with you, the selling dealer. During this meeting, we thoroughly discuss the contents of the valuation report, including the detailed analysis of your dealership's value. This is a crucial moment where you'll have the opportunity to review the findings and make informed decisions. You'll decide whether to proceed with the sale, determine the offering price, and establish the timeline for the offering. We guide you through this process, ensuring you have all the necessary information to make the best choices for your dealership's future.

Generally, our valuation process is completed within a week of receiving all necessary data, and the entire sale process takes approximately 3 to 6 months. This timeline can vary based on the size and complexity of the dealership, market conditions, and other factors.