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Buyer Articles

Off to a Great Start: January, 2020

More Buyers Than Sellers… The high level of buyer interest in purchasing an automotive service business continues into the new year, as many Buyer candidates have made New Year’s resolutions to “Be Your Own Boss.” Bank/SBA loans remain available and interest rates have started to decline, with expectations that the Fed will keep rates lower…

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What a year it has been!

It means the world to me that so many auto and tire service shop owners over the years have put their trust in me to work closely with them as they implement their exit strategies and finalize the sales of their businesses. Reflecting on the past year, I am delighted that so many deserving shop…

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Latest Sales & Newest Listings: December, 2019

Latest Sales… Congratulations to Edward Nemphos on the sale of Brentwood Automotive, an award- winning independent tire and automotive service center in Baltimore, MD owned and operated by Ed since 1976. After 43 years, Ed is looking forward to retirement and having time for international travel with his family. The buyers are Rick Levitan and…

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Latest Sales & National Tire/Service Chain Update: November, 2019

Latest Sales… Mohammad Tariq did not have prior automotive service experience, but is excited to have completed four weeks of training and assume the reigns of the profitable Midas Shop in St. Clair Shores, MI. The previous owner was Michael Gnesda, who is retiring from fourteen years of ownership of the iconic brand franchise. Joe…

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3-Week Shutdown Reprieve Opens Door to SBA/Bank Financing for Shop Owners

Malvern, PA…January 28, 2019… Art Blumenthal LLC, an automotive aftermarket-specific business broker, is utilizing the 3-week window created by the end of the federal government shutdown to expedite the closings of tire and auto service shops that have been stalled for the past month due to lack of loan guarantee processing of the Small Business…

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Precision Motors in Mystic, CT Transitions to Pep Boys

Mystic, CT…October 8, 2018…Precision Motors, an auto repair and tire center in Mystic, CT was recently sold and the location has converted to a Pep Boys Service and Tire Center. The highly profitable business, operating in a spacious 9,750 square foot facility, was family owned since 1995 by husband and wife owners Tom and Vickie…

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Record-Setting Speed of Shop’s Sale Thrills Both Seller and Buyer

Sep/Oct 2017 Issue

When all the variables of a well-orchestrated sales cycle coincide perfectly, the happy ending is a fitting tribute to a seller’s long career — and a perfect beginning for a new owner.

I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker/consultant 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 Green Valley, AZ-based Gasoline Alley…

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The Entrepreneurial Spirit is Alive and Well in a New Generation of Business Buyers

Recent Data Confirms Previous Forecasts of Strong, Stabilized Business Selling Transaction Activity

Mar/Apr 2016 Issue

“As long as I can remember, ever since I was a kid, I always wanted to be my own boss,” was the remark made by new business owner Dallas Griswold when asked what had made him decide to buy his own business. Nothing can better define the entrepreneurial spirit than that simple response, which really tells the whole story…

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