How The Silver Tsunami Will Propel Your Growth

The Silver Tsunami, it’s so close you can see it coming.

This wave is getting ready to crash ashore—is it the right time for you to make a big play?

The Washington Post has recently dubbed a cultural phenomenon as the “Silver Tsunami,” referring to the whopping 12 million baby boomer business owners that are preparing for retirement in the next few years.

Of course, this has implications for healthcare, social security, and the economy. But even more, what sorts of opportunities does it present for you as a business owner? There will be hundreds, if not thousands, of Boat, RV, and car dealerships up for grabs, and if you have all of your ducks in a row, then this could be the perfect time for an acquisition.

When considering our dealership business in general, we’re taught that growth comes from marginal decisions: doing things better in your service shop, maybe taking on new lines, or stealing a little market share from the dealer down the road—then honing these actions over the years. However, in this industry, the most significant steps are gained by acquiring additional locations.

With dealership owners all over the country getting ready to retire, this means a tremendous opportunity for business owners with the energy and runway remaining to grow and build wealth. If this is you, this is your era! This is that space in time where you have the golden ticket!

But everything isn’t always peaches and cream—there are growing pains that you’ll need to address and account for if you’re planning to act on such a unique opportunity. If you have the energy and believe that the time is right to acquire another dealership, then let’s talk. I can assist you in aligning all of the necessary aspects that will be required for your continued success in this world. And when the time comes to use an intermediary to guide an acquisition deal, I’ll be with you to walk you through this entire process.