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WIX Filters Sponsors 2013 School Of The Year, Counter Professional Of The Year And Best Tech Award Programs

WIX Filters is partnering with Babcox Media to sponsor the 2013 Tomorrow's Technician's School of the Year, Counterman's Counter Professional of the Year and the Babcox TechGroup Best Tech program supporting excellence at every level of the automotive repair industry.
By Shop Owner Staff
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WIX Filters is partnering with Babcox Media to sponsor the 2013 Tomorrow’s Technician’s School of the Year, Counterman’s Counter Professional of the Year and the Babcox TechGroup Best Tech program supporting excellence at every level of the automotive repair industry.

“We are excited to continue our partnerships to support all aspects of the automotive-aftermarket industry,” said Mike Harvey, brand manager for WIX Filters. “Each year we see high-caliber nominations from the best technical school, counter professionals and technicians and we look forward to reviewing top-of-the-line industry professionals and school nominations for 2013.”

The School of the Year program (www.ttschooloftheyear.com), a national search to find and name the best technician training school in the country with O’Reilly Auto Parts as a partner, is open to all high schools or post-secondary schools that have a subscription to Tomorrow’s Technician. Judges will then review entry criteria and select the top school from each of the four regions in the U.S. The winner will be selected from the four finalists and announced at the Automotive Aftermarket Products Expo (AAPEX) in November. This is the sixth year a school will be recognized.

The Counter Professional of the Year award (www.counterman.com/cpoty.aspx) recognizes an automotive aftermarket parts professional who goes above the call of duty; continually seeks out education for himself or herself; is an example of the consummate parts professional; and is an ambassador for the aftermarket. This year will be the 28th year that Counterman magazine has named its Counter Professional of the Year, sponsored by Affinia Group Inc., Raybestos Chassis and WIX.

The Best Tech award (www.besttech2013.com) recognizes the skills and professionalism of today’s automotive technicians, from demonstrating excellence in the automotive service industry to engaging in the local community. This is the third year a recipient will be recognized.

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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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