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ASA Welcomes New Affiliate In Pennsylvania

The Automotive Service Association (ASA) board of directors has approved an affiliation agreement naming ASA of PA as its 13th affiliate.
By Shop Owner Staff
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The Automotive Service Association (ASA) board of directors has approved an affiliation agreement naming ASA of PA as its 13th affiliate.
    

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“The ASA members in Pennsylvania are a dynamic group of professionals and we couldn’t be more pleased to develop a strong affiliate group in that area. Whether we’re joining forces representing repairers or providing communications and money-saving benefits, working together at the local level allows us to expand the value of membership for each individual,” said Darrell Amberson, AAM, ASA chairman.
    

Tom Gebbie, co-owner of Gebbie’s AutoCare in Lansdale, PA, said he is pleased about the future of ASA of PA and the direction it’s headed. “We’re excited about the positive affect our affiliation will have for the membership in Pennsylvania. ASA of PA currently hosts training and management meetings in the southeast portion of the state, and we’re working on expanding these training and management opportunities to reach the entire state,” said Gebbie. “I invite our fellow ASA members in Pennsylvania to join us in creating local chapters and meetings to help grow our association.”
    

Dan Risley, ASA executive director, said, “The strength of ASA is rooted in our affiliates, and we welcome the strong and active leadership comprising the ASA of PA. ASA and its board of directors are committed to transparency and working together to deliver value that is mutually beneficial to ASA national and affiliate members. A new era has begun at ASA and the positive momentum continues to grow.”
    

To learn more about ASA’s dedication to service and repair professionals, the value of ASA membership and how to join, visit www.ASAshop.org or call (800) 272-7467, ext. 361. To learn more about upcoming activities in Pennsylvania, call (855) 221-0122, send an email to [email protected], or visit www.ASAshop-PA.org.
   

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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.

By Art Blumenthal
Leveraging more than 30 years of experience as both an aftermarket business owner and aftermarket technology executive, Art Blumenthal LLC provides business intermediary and advisory services to both buyers and sellers of industry businesses of all sizes. Art is a member of IBBA (International Business Brokers Association, Inc.). For more information, or to initiate a no-obligation confidential consultation, visit www.art-blumenthal.com.
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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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