Repair Shop Employee Fires Shots at Suspected Car Thief

An employee at Accountable Auto Care in Broomfield, CO, decided to take matters into his own hands when a Jeep Grand Cherokee was stolen from the repair shop. The employee jumped into another vehicle and gave chase after the stolen vehicle. According to police, after the two vehicles collided several times, the shop employee drew a gun and fired two shots at the thief.

Below is the article as it appeared on the Daily Camera website.

Theft from auto-repair shop leads to chase, gunfight in Broomfield

5/06/2011
By Joe Rubino

BROOMFIELD — Police on Friday night confirmed they have two men in custody in connection with an incident that involved an auto theft, a car chase and gunshots near the intersection of West 112th Avenue and Main Street in Broomfield.

No one was injured in the incident, according to police.

At 5:09 p.m. Friday, police received a call that a Jeep Grand Cherokee was stolen from the lot of an auto-repair shop on the 7100 block of West 117th Avenue, according to Broomfield Police Sgt. Scott Swenson. Before officers could respond, an employee at the repair shop got into another vehicle and chased the stolen car.

The two vehicles collided several times as they traveled south down Main Street, eventually jumping the curb and traveling through a field before coming to a stop near the intersection of West 112th Avenue and Main Street, Swenson said.

At that point, the two men got out of the vehicles, and the employee of the auto-repair shop drew a gun and fired two shots, neither one hitting the other man, Swenson said. The two men then got into a physical altercation before police arrived and took them both into custody, Swenson said.

To read the entire article on the Daily Camera website, visit http://www.dailycamera.com/broomfield-news/ci_18012901.

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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