Why refer Mitchell’s to your clients for dealership acquisitions?

  • We have 32 years of automotive experience that spans three generations.
  • We understand asset purchase agreements; no two are the same when applied to a specific acquisition.
  • We understand the stress and importance of having a complete, concise, and correct inventory that comes with performing a buy sell inventory.

 

For Parts:

  1. We work for both buyer and seller
    1. We make sure that everything is listed of value.
    2. We make sure that the buyer knows what they are obligated to purchase by the APA
    3. With time permitting and knowledge of the sale, Mitchell’s will perform a complete pre-inventory overview based on the APA with the pre inventory counter pad.  This allows negotiations to start before the final document arrives at the closing table.
  2. Mitchell’s suggests solutions for the items the buyer is not obligated to purchase based on the APA
  3. Mitchell’s count process identifies the exceptions both on the parts and in reports
  4. Verify work in process
  5. Prepare a closing synopsis for the seller
  6. Prepare an opening synopsis for the buyer

 

For Asset Assessments:

  1. Charles Mitchell is a Master Certified Machinery & Equipment Appraiser
  2. Mitchell’s is knowledgeable, experienced, and focused on the equipment associated with dealerships
  3. Mitchell’s is knowledgeable, experienced, and focused on the furniture associated with dealership’s compliance to Manufacturer’s requirements
  4. We assist the dealers to include the Factory Required Special Tools.
  5. Mitchell’s reports are USPAP (Uniform Standards of Professional Appraisal Practicecompliant
  6. Mitchell’s includes an Excel inventory list and a PDF list with pictures of the FFE items.
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