Selling a dealership can be a complex and emotional process, said Sheldon Sandler, founder of Bel Air Partners, in the most recent episode of CBT News’s Inside Automotive podcast.

But with 10 critical tips in mind, including the importance of preparing accurate financial records, understanding market conditions and selecting the right advisors, dealers can improve their selling price.

Sandler also emphasizes the need to identify serious buyers, maintain business performance during the sale process and navigate negotiations effectively.

Read more at CBT News