Federated Car Care Center Members Have Day of Fun ‘Getting Dirty with Kennys’

Racing two Kennys instead of one was twice the fun for five Federated Car Care Center members as they spent the day dirt track racing with NASCAR drivers and Federated spokesmen Kenny Schrader and Kenny Wallace at Schrader’s I-55 Raceway in Pevely, MO, on Sept. 13.

Five Federated Car Care Center members were chosen as winners in the annual Federated “Get Dirty with Kennys” promotion. In addition, the winners were accompanied on the trip by their respective Federated member representative. The winning “dirt track stars” were:

• Richard Anderson of Richards Diesel and Auto Repair, Idaho Falls, ID;
• Dennis Christian of Professional Auto Towing and Service, Salem, VA;
• Derrick Hurley of Hartlaub’s Auto Service, Thomasville, PA;
• Jeff Johnson of Jeff’s Auto and Towing Center, Grafton, OH; and
• Daniel Murphy of Foundation Auto Repair, Austin, TX.

“We had a tremendous day of fun and excitement, and our Car Care Center members had a blast racing the two Kennys,” said J.R. Bishop, director of member services and event marketing for Federated Auto Parts. “Both Kenny Schrader and Kenny Wallace were great hosts and it will be a day that those five rookies will remember forever.”

To have been eligible to win a chance to “Get Dirty with Kennys,” a shop must have been fully enrolled as a Federated Car Care Center member in good standing as of July 15, 2010. The Federated Car Care Center program is one of the fastest growing, complete support programs for some of the nation’s finest automotive service providers. To become a Federated Car Care Center member or for more information, contact the local Federated Auto Parts distributor.

About Federated
Federated Auto Parts, headquartered in Staunton, VA, is one of the largest auto parts distribution and marketing organizations in North America. Federated is dedicated to supporting its customers with quality name brand parts, programs designed to grow their businesses, and experienced counterpeople who are knowledgeable in today’s evolving automotive technology. For more information, visit www.federatedautoparts.com.

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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