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Buyer Articles

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…

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