Win a ‘Sweet Ride’ in Federated Car Care Sweepstakes

Federated’s two newest Car Care Members, Bryan Fuller and Kevin Byrd, the hosts of SPEED’s “Two Guys Garage,” are not only busy promoting the benefits of Federated Car Care, they are also building this year’s grand prize for the Federated “Sweet Ride Sweepstakes,” a 2004 classic Corvette.

“You could be the lucky winner of this classic Corvette or one of hundreds of great prizes just by being a Federated Car Care Center member,” said Phil Moore, senior vice president of Federated Auto Parts. “Every year the Federated Car Care Sweepstakes gets better and better and we are thrilled to be able to offer this really ‘sweet ride’ as one of the prizes. Many of our members have already heard about the Corvette and they can’t wait to see one of their customers drive it home. Our annual sweepstakes is one of the many great programs that set Federated Car Care apart from the competition.”

The “Two Guys” teamed up with Federated spokespersons and NASCAR legends Kenny Schrader and Kenny Wallace to work on the 2004 “Sweet Ride” classic Corvette convertible. In addition to the Corvette, Federated Car Care Center members will have the chance to win hundreds of other great prizes including such “sweet rides” as Federated go-karts, bicycles and die cast cars.

The Federated “Sweet Ride Sweepstakes” is open to any Federated Car Care Center member enrolled by October 15, 2011. Current members are automatically eligible. For more 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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