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The fact we’ve accommodated (new EV buyers) on that front is great. We went in and adopted a lot of the car business side to their business, everything from financing, structure, accountabilities, floorplans, banking systems, everything. We make sure we always have them in stock.” Wizard Lake Marine was profitable.
Given this backdrop, buyers are factoring this growth potential into their dealership acquisitions, driving stronger motivation and greater conviction in blue sky valuations, continued Kerrigan. As we look ahead to 2025, strong buyer demand and an improving earnings environment suggest the buy/sell market will remain highly active.
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