SEMA Mustang Build Powered By Women To Be Unveiled At Ford’s SEMA Booth

The SEMA Mustang Build Powered By Women, better known as “High Gear,” will debut in the Ford Motor Co. SEMA booth at 10:00 a.m. on Tuesday, Oct. 30, the opening day of the 2012 SEMA Show in Las Vegas.

The 2013 Mustang GT made national headlines during the summer when more than 40 women volunteered their time and expertise to customize the vehicle in less than two months. Immediately after the unveiling, the vehicle will be auctioned to raise funds for the SEMA Memorial Scholarship Fund. Details about the auction are available at www.sema.org/auctions.

“The SEMA Mustang Build is truly inspiring,” said Marla Moore, SEMA Businesswomen’s Network (SBN) chair. “The SBN is honored to host this historic project. We’re now excited to unveil and share the final creation with the industry at the upcoming SEMA Show.”

The SBN launched the project to showcase the talented women of the automotive industry. With SEMA and Ford Motor Co. teaming up for the build, an additional 40-plus SEMA member companies donated products and services, including custom paint, customized wheels, a custom leather interior, high-performance suspension and a new supercharger autographed by industry legend Vic Edelbrock.

“This project could not have happened without the amazing support of SEMA, Ford Motor Co. and Source Interlink Media, along with the many manufacturers who provided product for the Mustang and our awesome women build team members,” said Rose Kawasaki, SBN Vehicle Build Task Force Chair.

“This project has confirmed the fact that there are a group of passionate female enthusiasts in our industry and this was an ideal undertaking to showcase their talent,” said Doug Evans, Executive VP for Source Interlink Media (SIM). SIM, which publishes dozens of leading automotive magazines including Hot Rod Magazine, was an active partner in the SEMA Mustang Build, which hosted much of the build at its headquarters in El Segundo, Calif.

More information can be found at http://www.SEMA.org/SEMAMustangBuild.

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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