Federated Sweepstakes Grand Prize Winner Presented With ‘Sweet Ride’ At AAPEX

Federated customer Don Nyland of Max's Car Care in Black Canyon City, AZ, was not planning on being in Las Vegas in early November. However, when he found out he was the grand prize winner of the Federated "Sweet Ride" Sweepstakes, Nyland set out for Vegas to collect his prize, the "Sweet Ride" Corvette.

Federated customer Don Nyland of Max’s Car Care in Black Canyon City, AZ, was not planning on being in Las Vegas in early November. However, when he found out he was the grand prize winner of the Federated “Sweet Ride” Sweepstakes, Nyland set out for Vegas to collect his prize, the “Sweet Ride” Corvette.

L to R in foreground: Don Nyland (in car) and Kenny Schrader.

The Federated “Sweet Ride” Corvette, featured this season on “Two Guys Garage” on SPEED, was presented to Nyland on Nov. 1 during the Automotive Aftermarket Products Expo (AAPEX) at the Sands Exposition Center in Las Vegas. On hand for the presentation were Federated spokesman and NASCAR legend Kenny Schrader as well as Kevin Byrd, one of the co-hosts of “Two Guys Garage” on SPEED.

“Our annual sweepstakes contest is a great way for us to say thank you to our loyal Federated Car Care members, and we want to congratulate Don Nyland on being the grand prize winner this year,” said Phil Moore, senior vice president of Federated Auto Parts. “It was great that Don could make it to Las Vegas on such short notice to accept his ‘sweet ride’ prize. We want to thank Kenny Schrader and Kevin Byrd for being on hand for our special presentation. It was a lot of fun and we know Don is thrilled with the Corvette.”

In addition to the “Sweet Ride” Corvette, hundreds of other prizes were awarded to Federated Car Care Center members including such “sweet rides” as go-karts, bicycles and die cast cars. The contest was open to any Federated Car Care Center member who was enrolled by October 15, 2011.

For information about the Federated Car Care Center program, 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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