Know Your Value -
Chart Your Course!
Whether you are contemplating selling or navigating through a dispute,
we provide valuations that enable you to make fact-based decisions.
We combine operations + experience + education + credentials to provide you with a customized report to meet your needs
We take time to learn about you, your business, your team, your industry and of course, your needs & goals.
We dive in to extensive research about your business, competitors, industry, suppliers, customers and how they all interact to form the current market conditions.
We provide you with a substantiated report that is easy to understand and clearly states the value with well supported facts.
Our goal is to meet your needs efficiently and effectively so that you can use the valuation and continue managing your business. We remain ready to support your report with expert witness testimony if it is ever necessary.
Laura Lemco grew up in her parents’ Honda, Suzuki and Harley-Davidson dealership. When her father, Ed Lemco, started Lemco & Associates, consulting with motorcycle dealerships across the US and eventually across the globe, Laura worked with him in varying capacities including F&I sales and building membership in industry peer groups. When Ed returned to retail, Laura took over the consulting business.
Laura became most interested in analyzing financials and operations to drive improvements. Laura developed her expertise in developing appraisals to assist dealerships in transitions, succession planning, tax matters and dispute resolution. As an accredited appraiser, Laura is qualified to work with all types of businesses and enjoys working with local business owners in Central Oregon as well as dealerships across the United States and globally.
President - Dealership Valuation Services, LLC
??? Common Questions ???
How much does an appraisal cost?
There are 3 levels of valuation reports. Click for more details:
Calculation of Value: Standard fee of $7,500.
Restricted Use Appraisal Report: Typically $12,500
Appraisal Report: Starting at $15,000
How long does the process take?
We usually complete our valuation engagements in 3 to 4 weeks. Completion time depends on the availability and quality of information that the client provides. We will discuss the delivery date with you before signing an engagement letter.
What is required from the business owner?
We provide you with a documents request list. Most items are what you would expect - financial statements and business information. Once we do an initial analysis, we schedule a management interview. From time to time we may have questions, but we are sensitive to your time!
Laura is an Accredited Member with the American Society of Appraisers and a Certified Valuation Analyst with the National Association of Certified Valuation Analysts. The SBA requires an appraisal by an accredited appraiser, as do most courts and the IRS. If you only need a ballpark figure, you do not need an accredited appraiser. If you want a substantiated report that includes deep-dive research into economic and other value drivers, an accredited appraiser is an excellent choice to meet your needs!
Do we need an Appraisal Report?
If you are about to sell your dealership and simply want a value to determine a listing price, we can refer you to excellent brokers who can assist you with valuing your dealership for an impending sale. If you are still in the planning stage, an Appraisal Report with its deep-dive analysis can help you understand the current value, how it developed over time, and how you can drive it to reach a higher value in the future. In other cases, such as disputes, tax-filings or finance applications, an accredited Appraisal Report is often the best choice to meet requirements of most courts, the IRS or SBA. If you are preparing a succession plan, your CPA or attorney may request an Appraisal Report that conforms to the Uniform Standard of Professional Appraisal Practice. As always, we offer a free, confidential consultation to discuss your situation and make recommendations to meet your needs.
We specialize in dealerships: automotive, motorcycle, tractor, RV and marine retailers.
Why? While Laura has broad business experience, her main accomplishments have been in helping dealerships succeed. The business model of sales - parts - service is second nature to her and she understands the Manufacturer - Dealer - Customer supply chain. Laura is thankful for the strong business relationships and connections she has with dealers across the globe.
We do not share your information. We do not talk about our clients or engagements. Unless a client writes a review and gives us permission to share their name, we don't! You will not see a list of past clients on this website. We take confidentiality very seriously!
What is an Appraisal Report?
We adhere to the Uniform Standards of Professional Appraisal Practice. Real estate appraisers are required to follow these standards. Business appraisers are not. In practice, that means almost anyone can perform a business appraisal. Accredited appraisers, however, produce Appraisal Reports that conform to their accrediting organization's standards. We go through intense education, training, review and ongoing professional education to be sure that we provide you with a report that meets your needs and the requirements of third-party agencies such as the IRS or the SEC. Appraisers use finance, accounting, analytics, research and business knowledge to provide you with an Appraisal Report that clearly states the value of your business and how the appraiser came to that conclusion. We take pride in producing substantiated, clear and concise valuations. If you cannot follow our reasoning or methods, it is not a sufficient Appraisal Report!