Federated Launches New Microsite For Toys For Tots Campaign

Federated Auto Parts has launched a new microsite that is ready to accept donations to the Marine Toys for Tots Foundation. The special site is one of the ways Federated and its members will help raise money and collect toys for the annual Marine Toys for Tots program in 2012.    

“We are very pleased to be able to offer this online donation option as a fast, easy and secure way to make donations to the Marine Toys for Tots campaign,” said Mike Schultz of Federated Auto Parts. “Although we will be collecting toys at participating Federated Auto Parts store locations from October through December, many folks have asked about making financial contributions. The new microsite is the perfect way to do so.”   

The Federated microsite — www.FederatedAutoParts.com/ToysforTots.aspx — links directly to the Toys for Tots website. Donors can use a credit card securely to make a monetary donation. There also is a form that can be printed out and mailed in with a check made out to Toys for Tots.   

“We kicked off our partnership with the Marine Toys for Tots Foundation at the Federated 400 on Sept. 8 in Richmond and the response has been phenomenal,” Schultz added. “Members, associates, customers and manufacturing partners have all expressed interest in helping this extremely worthwhile cause that brings the magic of Christmas to less fortunate children each holiday season.”   

For more information about Toys for Tots, visit http://www.toysfortots.org.    

For more information about Federated, 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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