Owner of Connecticut Repair Shop Arrested for Not Having License

Officials from the Hartford Police Department, Hartford Fire Department and the state Department of Motor Vehicles converged on Cecil’s Auto Electric in Hartford, CT, Monday morning and arrested the co-owner of the repair shop for operating a garage without a license.

Below is the article as it appeared on the WFSB-TV Channel 3 website.

Owner Of Auto Repair Shop Arrested

January 10, 2011

WFSB-TV Channel 3

HARTFORD, Conn. — Investigators from multiple agencies converged upon a Hartford auto repair shop on Monday morning and one of the owners was arrested.

At 10:30 a.m., investigators from the Hartford Police Department, Hartford Fire Department, and the state Department of Motor Vehicles had the entrance to Cecil’s Auto Electric repair blocked.

Moments later, co-owner Charles Palmer told Eyewitness News he hadn’t done anything wrong.

"You can check out my name," he said. "No arrests. No nothing."

That’s not what the city thought, arresting Palmer on a charge of operating a garage without a license, something his father, Cecil Palmer, was arrested in connection with in November, according to sources.

Before his arrest, Palmer denied he doesn’t have a license and said he’s being muscled out of his north end business by the city, because a well-known eye surgeon, Dr. Richard Fichman, is starting a clinic next door.

To read this article on the WFSB-TV Channel 3 website, visit http://www.wfsb.com/news/26428284/detail.html.

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.

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