Hungry for Tools? Tell Us Your Top 5 Favorites

Send in your list of your five favorite tools and equipment that help you most in the shop, and you could be chosen to win a $25 restaurant gift card. From scan tools to flashlights, impact wrenches to on-car brake lathes or computer systems - tell us your Top 5 Tools, complete with descriptions on why the tools are your favorites, and your photo.

Send in your list of your five favorite tools and equipment that help you most in the shop, and you could be chosen to win a $25 restaurant gift card.

From scan tools to flashlights, impact wrenches to on-car brake lathes or computer systems — tell us your Top 5 Tools, complete with descriptions on why the tools are your favorites, and your photo.

If your list is chosen to be in the March issue of TechShop, we’ll send you a $25 gift card to Chili’s (it can also be used at Macaroni Grill, On The Border or Maggiano’s).

Submitting your favorite tools is easy. Just click here for the entry form. Or e-mail your submission to [email protected].   

Be sure to include:  

• The brand name and type of tool;   

• A sentence or two explaining why those tools/equipment are your favorites;   

• A photo of yourself and/or your shop to feature in the magazine; and  

• Your name, title, business name and address of your shop, so we can send you the gift card if you win.

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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