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From category archives: Auto Center Sales Blog

Auto Sales

Pros & Cons of Using Social Media to Promote Your Automotive Center

What are the pros and cons of using social media to promote your business? Read our latest article to discover why social media may be your best (or worst) promotional tool.

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Understanding EBITDA

Understanding EBITDA may help you make the right financial decisions when buying or selling an automotive 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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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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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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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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The Role of EBITDA When Buying or Selling an Automotive Business

When buying an automotive business, there are many numbers and factors to look at before getting started. 

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AutoCenter Sales Has a Brand New Website

We’re so excited to introduce our new website, which we recently rolled out for AutoCenter Sales.

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Advisor Necessary to Sell for the Best Value?

Does the business owner really need an attorney? Tax advisor? Could he do without and save money? Of course, but in most cases he’d be worse off.

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Mistakes Sellers Make and How to Avoid Them

I’m convinced most business owners think business sales just kind of happen. You run into a guy on a plane, or the phone rings one day and a sweet deal takes place. 

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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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