Federated Car Care Winners Have ‘Dirty’ Weekend With Kenny

The racing suits are finally clean, but the memories will last forever for the five fortunate winners of the Federated Car Care "Get Dirty with Kenny" promotion. The winners got the chance to learn from and race with dirt track legend Kenny Schrader at the Federated Auto Parts I-55 Raceway in Pevely, Mo.

The racing suits are finally clean, but the memories will last forever for the five fortunate winners of the Federated Car Care “Get Dirty with Kenny” promotion. The winners got the chance to learn from and race with dirt track legend Kenny Schrader at the Federated Auto Parts I-55 Raceway in Pevely, Mo.

“It was another great ‘Get Dirty with Kenny’ weekend and we want to thank all our Federated Car Care members who participated in the sweepstakes,” said Phil Moore, senior vice president of Federated Auto Parts. “We want to especially thank Kenny Schrader for being such a great host. We always receive tremendous feedback from our members and participants about this promotion so we are thrilled that we had another fun and exciting dirt track racing experience.”

Five Federated Car Care Center members were chosen as the winners of the exclusive “Get Dirty with Kenny” Car Care promotion and each was accompanied on the trip by their respective Federated member. The five Car Care winners were:

• Dennis Thompson, Northgate Transmission, Idaho Falls, Idaho

• Clyde Hartman, Walker’s Automotive, Green Acres, Wash.

• Edward Lynch, Exhaust Pro, Lexington, Ky.

• Marcia Oliveira, United Auto Center, Mineola, N.Y.

• Richard Miller, Miller’s Auto Clinic, Staunton, Va.

The annual dirt track driving experience was held on Sept. 10 at the Federated Auto Parts I-55 Raceway, the nationally renowned track owned and operated by Schrader. In addition to getting the chance to learn how to race, the contest winners also received a behind the scenes look at the racing business.

According to the company, 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 your local Federated Auto Parts distributor.

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