Dealers Signal Optimism for Future Franchise Values and Buy/Sell Activity

INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–Automobile dealers are more optimistic about the valuation of their dealerships this year than last year, according to the newly-released, second annual Kerrigan Dealer Survey. The survey was fielded by Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S.

The 2020 survey, which queried 680 dealers, found that 33% expect an increase in the value of their dealership – a 27% boost compared to 2019 findings, when only 26% of dealers expected their dealership value to go up. All told, more than 80% of dealers expect the valuation of their dealership to remain the same or increase. Just 14% expect a decrease in valuation.

“Despite the uncertainty and disruption caused by the COVID-19 pandemic, this survey finds dealers to be optimistic heading into the future,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. “We aren’t surprised. Our Q2 2020

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Ya Gotta Believe in Steve Cohen! Mets’ new owner should be a home run for franchise, fans

The Mets now belong to the richest owner in Major League Baseball as Steve Cohen, billionaire hedge-fund giant, was approved Friday by both the teams and New York City Mayor Bill de Blasio, only minutes apart.

The. Richest. Owner.

Officially.

Let that sink in for a moment.

After more than a decade operating in the crater left by Bernie Madoff’s ponzi scheme, drowning in red ink deeper than Flushing Bay, the debt-ridden Mets have been liberated from the Wilpons by someone who could not be more perfect for the job.

Steve from Great Neck. A Mets fan who also happens to be worth an estimated $14 billion.

As incredible as all this is — truly unbelievable to longtime followers of the often comically inept franchise — it’s finally a reality. No more October surprises from the Mayor’s Office. No more J-Rod lurking in the weeds.

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World Franchise Group Launches In South Florida

October 21, 2020

Franchise and real estate consulting firm World Franchise Group, Inc. (WFG) launched today, offering entrepreneurs an innovative, full-service path to realizing their dreams of business ownership.

Based in South Florida and serving entrepreneurs across the United States and around the world, WFG helps candidates select a franchise business that fits their financial and lifestyle goals through a collaborative, transparent and high-tech approach to business ownership.

WFG offers candidates more than 500 well-known and emerging franchises to choose from, including quick-service restaurants, home services, senior care, business coaching, pet-related services, and fitness- and health-related businesses.

“We serve both entrepreneurs who want to exit corporate America and start their own business and savvy investors who want to diversify their portfolio and augment their long-term wealth-building strategy,” said Keith Lefkof, WFG’s president. “There are many pandemic-proof, Amazon-proof and recession-proof franchise concepts that appeal to entrepreneurs and investors.”

WFG gives entrepreneurs

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