Shop Owner® Magazine Articles

Shop Owner Magazine Interviews Art Blumenthal On How to Maximize the Sale Price of Your Business

In this episode of "It's Time," the Shop Owner Magazine six-part series on succession planning, industry veteran Art Blumenthal shares his thoughts on the financial considerations shop owners need to have when deciding to cash in their chips… get relief from stressful day-to-day responsibilities… and enjoy more time with family, traveling, and exploring other options and interests.

Will Your Tax Returns Drastically Understate the True Value of Your Auto Service Business?

Properly Recasting Your Financials Will Showcase Your Aftermarket Business and Accurately Justify the Selling Price You Had Hoped For

Jul/Aug 2014 Issue

After more than 30 years of owning and successfully running the town’s well-known and successful auto service business…starting out long ago as a single location and growing to multiple sites over the course of his career…Dan the Auto Man is about to make the biggest decision of his professional life…

Preventive Measures for a Shop Owner to Take to Avoid the Risks of a Deal Falling Apart

May/Jun 2014 Issue

A business sale requires the full attention and cooperation of the seller. Take your vacation before putting the business on the market. Then be prepared to dig in, be available and be actively involved in the stages of the selling process. Once it’s sold, then it’s time for that trip of a lifetime…

Case 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

Executive Q&A — Part 2

Jan/Feb 2014 Issue

In the second of a two-part series, we delve deep into the process of selling a business by interviewing Art Blumenthal, nationwide automotive aftermarket business broker, who provides business valuations, exit planning and buying and selling adviser services.

Part one of the executive interview appeared in the November/December issue of Shop Owner.

Executive Q&A — Part 1

Nov/Dec 2013 Issue

In the first of a two-part series, we delve deep into the process of selling a business by interviewing Art Blumenthal, nationwide automotive aftermarket business broker, who provides business valuations, exit planning, and buying and selling advisor services.

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 Auto Service Business

A Look at the Perspectives of Both Buyer & Seller as the Process of a Memphis, TN, Auto Service Center Changing Hands Unfolds

Jul/Aug 2013 Issue

“Buying a business is like working on a MBA the hard way…a real trial-by-fire. A good business broker can smooth that arduous process…”
…Bill Brickhill, Buyer

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

10 Mistakes to Avoid When Selling Your Business — An Insider’s Guide, Part 2

Mar/Apr 2013 Issue

The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market. While there are dozens of challenges to overcome, in the January/February 2013 issue the first five most common mistakes were discussed that can have drastic repercussions and cause both stress and loss of value on a business sale. Here are the next five…

10 Mistakes to Avoid When Selling Your Business — An Insider’s Guide, Part 1

Jan/Feb 2013 Issue

The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market. While there are dozens of challenges to overcome, here are five of the most common mistakes that can have drastic repercussions and cause both stress and loss of value on a business sale.