Considering transitioning your dealership to the next generation?
You’ve invested time, effort, and heart into building your dealership. It’s now time to start thinking about your exit strategy. What are your succession goals? What are the opportunities available to you? Who are your potential successors – family members or a third party?
We’ll work with you to answer these questions and develop a successful exit plan that protects your legacy, prepares your dealership’s future leaders, and lays the groundwork for continuity and success.
Our advisors will help you exit on your terms and maximize the value of your business, no matter the size of your dealership or how far you’ve progressed in your succession plan.
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Assess your succession readiness
Are you on track to meet your succession goals? Take this five-minute survey to discover your readiness level.
Download our succession checklist
From tax planning to ownership transfer to performance improvements, a succession strategy will help you maximize returns on your life’s work.
Succession success story: Zanchin Automotive
"What I like about MNP — they give you that personal attention. I've never experienced that before.
The Zanchin Automotive Group is about 48 years old. We’re selling a lot of automobiles… and we’re doing big business. My daughters took over the business so that it would be able to continue, and I hope they do even better. But with MNP behind them, they will succeed.”
Joe Zanchin, Founder, Zanchin Automotive Group
Insights
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Agility
December 21, 2022
Seizing opportunities for process automation in dealerships
Opportunities for robotic process automation are abundant in the dealerships industry, and can be a valuable tool to boost efficiency and productivity.
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Progress
November 22, 2022
A roadmap for passing the family dealership to the next generation
For family-owned dealerships, passing ownership of the business to the next generation means considering more than just the financials.
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Confidence
October 19, 2022
FAQ: Canada’s new luxury tax and dealerships
There are many questions dealerships have about how Canada’s new Select Luxury Items Tax Act will impact their business. MNP has responded to the most common ones here, to help you adjust to and comply with the new legislation.
Contact our Dealerships team
Chris Schaufele CPA, CA
National Leader, Dealerships
Chris is MNP’s National dealership service leader and a Business Advisor with the Firm’s Assurance and Accounting group in Surrey. With more than 15 years of experience in the automotive industry, Chris oversees a dedicated team of professionals and the Firm’s delivery of dealership services across Canada.
Chris helps automobile dealers and leasing companies, as well as business owners in other industries, ensuring they have the information they require to make strong business decisions. He delivers a full suite of assurance services, including audits, reviews and compilations, helps with tax planning and compliance and advises on a broad range of business issues. His expertise in accounting and assurance standards and keen understanding of the automotive industry allow him to identify opportunities to help his clients succeed.
Chris earned a Bachelor of Business Administration (BBA, Co-operative) in accounting from Simon Fraser University in 2008. He is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA) in 2010.