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New SEMA Show Website Launched

SEMA Show organizers recently launched a redesigned website at www.SEMAShow.com, the site's first major overhaul in almost 10 years. The site's enhanced online tools, user-friendly navigation and virtual maps make it easy for those participating in the 2011 SEMA Show to register and plan for the event.
By Shop Owner Staff
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SEMA Show organizers recently launched a redesigned website at www.SEMAShow.com, the site’s first major overhaul in almost 10 years. The site’s enhanced online tools, user-friendly navigation and virtual maps make it easy for those participating in the 2011 SEMA Show to register and plan for the event.

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In the months leading up to the SEMA Show, the website will be updated to include interactive calendars and schedules, a collection of exhibitor press releases, celebrity appearances and more.

“The new, modern SEMA Show website gives today’s Showgoers the tools they need to plan for the event,” said Peter MacGillivray, SEMA VP of events and communications. “We’re confident that both exhibitors and buyers will find that the website provides them with the resources they need to prepare for the Show. Ultimately, participants will be better prepared for the Show and have a higher return on their investment.”

The 2011 SEMA Show is set for Tuesday-Friday, November 1-4, 2011, in Las Vegas, NV. As the largest automotive trade gathering in the world, the annual event features nearly 2,000 manufacturers, 100,000 industry professionals, dozens of educational seminars and several networking opportunities. To learn more about the event, visit www.SEMAShow.com.

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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.

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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