Marcum has served the automotive industry for many years. Our client list has included dealerships representing more than 40 automobile lines and, at one point, combined revenues were in excess of $1.5 billion. These clients have ranked in the top 10 for each automobile line they represent and are among the top 50 volume dealerships in the country.
Our involvement in the industry has covered the following areas:
Auditing and accounting activities
Valuation of dealerships
Negotiations with factory ownership
Initial set up of dealership points including construction
Sales, mergers & acquisitions
Litigation support / expert witness testimony
REITS and loan financing
Operational systems implementation
Computer and informational consulting
Statutory compliance consulting
Federal and state tax compliance
Operational profitability analysis and benchmarking
The personnel serving this industry have many years of diverse experience complimenting each other in the numerous aspects of automotive issues.