Posts by john
The ‘Sellability Score’ in Action
A Case Study of Factors Impacting the Value of a Business to a Buyer
Nov/Dec 2015 Issue
The “Sellability Score” has become an integral tool in my business in assisting a potential aftermarket business seller answer crucial questions such as:
If you wanted to, could you sell your business today for a number that you’d be happy with?
Is there anything that you could be doing each day to make your business more valuable?
Wright’s Automotive: Protecting & Preserving A Legacy With A New Owner
Jan/Feb 2015 Issue
An independent automotive service business can be so much more than bricks and mortar, equipment, employees and a source of revenue. It can also be a source of pride — a testament to a lifetime’s worth of hard work.
Read MoreCase Study: Overcoming Daunting Challenges Selling an Automotive Aftermarket Business
Mar/Apr 2014 Issue
“I recommend to anyone who is looking to sell their aftermarket business to obtain the services of a business broker who knows our industry. Art Blumenthal is the model for that, and he was so good that once we settled, he was the first one I paid.”
— Sam Mitchell, Seller of Mitchell Tire Service
(Goodyear Independent Dealer), Glassboro, NJ
Case Study: Selling a Multi-Site Auto Service Enterprise Utilizing the Services of a Broker
Sep/Oct 2013 Issue
“Sometimes the whole is greater than the sum of its parts, but sometimes the reverse is true and a packaged deal will yield less than the individual shops sold separately…”
…Terry Flaherty, seller of 4-shop enterprise
“I’m now a firm believer, as I was 30 years ago and will always be, in being prepared for success. In this business, if you can do that, I think there is good money…”
…Paul Davidson, buyer of one of the shops
Case Study: Buying & Selling an Automotive Service Business
A Look at the Perspectives of Both Buyer & Seller When a Prominent Auto Service Center in North Providence, RI, Changes Hands
May/Jun 2013 Issue
“After thinking I should be doing a nationwide search to find the right buyer for my business, it took my broker Art Blumenthal to find the perfect candidate from my own hometown!”
–Jim Torres, Seller
“For a first time buyer, having a broker involved is definitely a plus. There’s an amazing amount of legwork involved to get the deal done and you need a guide.”
–Joe Cunha, Buyer
Selling an Independent Auto Service Business — An ‘Emotional Rollercoaster’ for Both the Buyer and the Seller
Nov/Dec 2012 Issue
“Am I supposed to just keep working until I drop dead?” is a question many Baby Boomer generation business owners may ask themselves sooner or later. Jim Hermansader, a veteran of the automotive service industry who had spent 43 years, since he was 18 years old and fresh out of high school, in a family-owned business, had to ask the question out loud when he received some pushback from those who challenged his decision that it was time for his business to change hands…
Read MoreSelling an Independent Auto Service Business — An ‘Emotional Rollercoaster’ for Both the Buyer and the Seller
Nov/Dec 2012 Issue
“Am I supposed to just keep working until I drop dead?” is a question many Baby Boomer generation business owners may ask themselves sooner or later. Jim Hermansader, a veteran of the automotive service industry who had spent 43 years, since he was 18 years old and fresh out of high school, in a family-owned business, had to ask the question out loud when he received some pushback from those who challenged his decision that it was time for his business to change hands…
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