2.1.3.3Vertical
New Car Franchised Dealerships
Dealerships holding manufacturer franchise agreements for new vehicle sales.
Market snapshot
These figures describe Auto Dealerships & Dealer Groups (2.1.3), the segment that New Car Franchised Dealerships sits within — not New Car Franchised Dealerships on its own.
- Market size
- ~$1.35T
- Growth
- ~6.0%CAGR (2017–22, nominal)
- Companies
- ~47,400
FragmentationFragmentedEstimate
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 441110 (new) + 441120 (used). Revenue is gross vehicle sales (pass-through); dealer gross margin is thin and profit concentrates in service, parts, and F&I.
Business model & economics
Revenue model
Vehicle sales plus finance & insurance, parts, and service
Key economics
- Recurring revenue
- Low–Moderate
- EBITDA margin
- Thin on gross sales; profit concentrated in F&I and fixed ops
- Capex intensity
- Moderate
service recurs; vehicle sales are episodic
Characteristics
- Revenue is largely vehicle-sales pass-through with thin gross margin.
- Profit engine is F&I and fixed operations (service and parts).
- Public groups consolidating a still family-dominated base.
M&A deal context
Deal activityHigh
Who’s acquiring
- Public dealership groups
- Regional dealer consolidators
- Digital used-car retailers
What’s driving deals
- Public-group consolidation of franchised and independent dealers.
- Value concentrated in F&I and fixed-operations economics.
- Digital retail reshaping the used-car channel.
Find New Car Franchised Dealerships acquisition targets
Search Acquisera’s index for companies classified under New Car Franchised Dealerships (2.1.3.3) and build a targeted deal pipeline.
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