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From category archives: Auto Center Sales Blog

Selling Process

Minimizing the Risk in an Acquisition

In minimizing the risk in an acquisition, the investor needs to simultaneously understand the value of the purchase while contemplating disruptions that could cause the acquisition to fail.

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Our Evaluation Process: Helping You Get More for Your Automotive Business

If you are looking to sell your automotive business, then AutoCenter Sales can help. Our automotive brokers can help you find the right buyer and set the right price for your business.

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How to Manage Cost of Goods Sold (COGS) in Your Business

Managing the cost of goods in your business will help you save money while increasing your bottom line. AutoCenter Sales offers auto body shop real estate services.

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Understanding EBITDA in Business Sales

Buying or selling an automotive business is an important decision. Business owners need a full picture to best understand a company’s valuation. One term that comes up often when discussing business sales and acquisitions is EBITDA. Put in the simplest terms, EBITDA is an income statement metric. It is one of several ways to look at a business’s operational performance.

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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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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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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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