Black Iron Advisers partners with our clients in evaluating some of their most strategic and complex decisions. We provide independent advice as a full service, trusted M&A advisor with national reach, in-depth market insight and broad execution capabilities. Our group's recognized expertise across a wide range of transaction types and sizes has made the firm a leading M&A advisor in the automotive business category. We hope to share our deep sector knowledge with you and provide value along your business’s journey.
Key Information
Sellers
As a business owner you started making decisions that will impact the value of your business before you opened your first store. There are other decisions that can be made from 3 months to 10 years in advance of a sale that will increase both the value of your business and the likelihood of a sale. We work with business owners to make sure they are making the right decisions that will make the sale a success for both themselves and their employees. For example, key employees, lease terms, revenue mix, store condition (surprise – stores that are in perfect condition do not always lead to a higher value), franchise agreement, role within the company, and the condition and accuracy of your financials are among many factors in the value of your company. Regardless of your exit timeline, we want to be a resource. No two groups of stores are identical, so stock answers might or might not be a fit for your business. Contact us and we are happy to give you bespoke advice tailored to your business.
Key Information
Buyers
Automotive businesses come in many forms, be that a franchised quick lube store, a group of independent full-service centers, or a group of retail tire stores. The risks and opportunities vary depending on which of these you are looking to acquire. Those factors can be so numerous as to be daunting. As you contemplate making an investment, we can help provide you with comparable pricing data, capital market data, advice on common mistakes, and areas to focus on while in due diligence. We believe that providing you with information, even if you don’t engage us, will help you build a better business. Down the road, if you ever decide to sell the business, we are confident you will give us a call. This community is a small one, and we look to build long-term relationships with each of its’ members.
Stay Informed
Our Blog
Our blog is where we answer questions clients have posed to us that we think could benefit a wider audience. Have a question regarding buying or selling an Auto Center? Contact us and we will work to address your question directly. We also occasionally feature auto center owners who share their experiences.