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Understanding Discretionary Cash Flow

Understanding discretionary cash flow is an important part of making the best decision when buying or selling your automotive center. Discretionary cash flow is the amount of money that is left over after all of a company’s expenses have been paid out. The amount that remains can be used to pay out bonuses, pay off debt, pay shareholders, or invest in the business.

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Securing and Obtaining Financing for Your Automotive Business

Getting a successful business off the ground takes more than just hard work. Whether you’re starting a new dealership or buying an auto repair shop, having a sound financial footing is crucial to acquiring a new or existing business. Many businesses get their start with the help of various financing options. But before you get in touch with the nearest lender, consider the following best practices for securing financing for your new business.

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6 Things to Look for In a Potential Buyer

Everyone has their ideal potential buyer in mind – but there are certain qualities that help buyers succeed. Let’s take a look at 6 characteristics of the perfect buyer (and why they matter):

 

They’re go-getters

The ideal buyer knows what they want and goes for it. They’re goal-driven and know that running an automotive business is more than just a new adventure. If you’re speaking with buyers who are employees just looking for a new opportunity, they may not be prepared to continue your business’s success.

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6 Helpful Tips for the New Franchise Owner

New business owner? Grow a successful auto center franchise with these six useful tips.

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The Secret to Building a Successful Family Business

According to statistics, the success rate for family-owned businesses isn’t good. In fact, transitioning from first generation to second generation owners, your automotive business has around a 30% rate of continuing successfully. From the second to the third generation, it plummets to a dismal 10%.

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How to Make Sure Your Automotive Business Sells

Few things are more disappointing than a business deal that falls through. After hours and hours spent talking and deliberating with potential buyers, you’re left empty-handed.

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Building Your Exit Planning Advisor Team

How long has your automotive business been open for business? Ten years? A week? No matter how long you’ve been around, having an exit plan is necessary. If you don’t have one in place already, the best way to start is by choosing the perfect advisor team.

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Why Exit Planning is Important Now

Whether or not you’re intending to sell your automotive business in the near future, it’s important to have an exit plan in place. Having an exit plan gives your business a cushion should anything unanticipated arise and gives you active control over your business goals rather than a passive day-by-day plan.

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Top Traits to Look for When Choosing an Automotive Business Broker

It’s no secret that there are a lot of business brokers out there. Knowing that, it can be a challenge to decide which one is the right fit for you and your sale.

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What Automotive Business Owners Need to Know About True Business Valuation

Some business owners see the sale of their business like one would when they win the lottery. They have dreams of a number they’d sell for and plan how they’d spend their winnings. 

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Let Our Clients Speak for Us!

Check out the ACS reviews left by our clientele.

Over my over fifty year career, I have had the privilege of working with many other brokers, but I have to say that I have not worked with a more professional and diligent person. Joe handled every aspect and obstacle that presented itself throughout the sales process as a consummate professional.

Tim E.Illinois

Jason was a huge help with my transaction! As a first time buyer, I had a lot of extra questions and concerns and Jason was fantastic in answering my questions as well as explaining everything in detail. On top of that, he communicated everything in an effective manner and I never once felt like I was in the dark. I will only use Jason for everything transaction moving forward and would recommend him to anyone looking to get into the automotive business.

B.L. California

Mike has been instrumental in helping me successfully complete 4 transactions (both buying and selling) over the last 15 years. His expertise in getting deals done is second to none. If you are contemplating a transaction in the auto service sector I can unconditionally recommend Mike and his team.

Bill D.
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