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13min chapter
Keith Smith - Looking At Unique Ideas
The Business Brew
Opportunities in Recurring Service Revenue and Consolidation in Car Dealerships
This chapter discusses the opportunities in the market where companies can provide recurring service revenue to large installed bases. It highlights the potential for consolidation in the dealership-type businesses, benefiting larger consolidators. The chapter also discusses the characteristics of private businesses in the automotive industry, particularly car dealerships, and their undervaluation due to being associated with cyclical industries.
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