AutoCenter SalesBlog

Posts Tagged ' Selling Process'

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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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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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EBITDA: What Automotive Business Owners Need to Know About Limitations

If you didn’t already know, EBITDA calculates a company’s financial health by looking at its earnings before interest, taxes depreciation and amortization.

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6 Important Things to Think About When Thinking About Selling Your Automotive Business

Are you thinking about selling your automotive business? From agreements to pricing decisions, there are many factors to consider before even starting the process.

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Should You Sell Your Automotive Business or Keep It? How to Decide.

Have you thought about selling your automotive business? Most business owners are tempted to hang on to their business so they can withdraw more dividends these days.

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Financial Management – Read your Report Card

How much did you make last year!? That’s rhetorical… of course, and should be a simple question, but you’d be surprised how many people can’t provide the answer. 

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Due Diligence – Penny Wise, Pound Foolish?

You’ve spent months reviewing different companies and have finally found the perfect acquisition. You know it makes sense, you’ll be able to expand geographically and drive your company sales. 

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Let Our Clients Speak for Us!

Check out the ACS reviews left by our clientele.

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.

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.

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.