Get Organized! with Mechanic’s Time Savers and TechShop

WIN $1,000
in Organizational Tools from Mechanic’s Time Savers

From this…

We are now accepting entries for the messiest toolbox. Just e-mail or mail a photo, along with your name, your shop’s name and its city and state, to [email protected] or Messiest Toolbox Contest, 3550 Embassy Parkway, Akron, OH 44333-8318.

Include a short description of why you think you should be our winner.

One lucky winner will win $1,000 in Organizational Tools from Mechanic’s Time Savers and will be featured in our August “Get Organized” issue.

Deadline for entries is July 20, 2012.

…to this!

Select entries will be posted in our June issue of TechShop and on our Facebook page at www.facebook.com/TechShopMag.

When Your Shop Is Worth Much More Than You Thought

Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

Read Full Article