Shownotes
Guest host and a shop tour with Amanda Drake, C & C Automotive, Augusta, GA. Amanda is passionate about growth through mergers and acquisitions. Take a tour of their 15,000 ft location which was a strip mall.
Watch the Episode on YouTube
Key Talking Points
- Growth- 5 locations, looking to close 6th location
- Flagship store- 35 bay location,
- Passion- growing through acquisitions and expanding to other outside cities, giving shop owners the opportunity to retire
- Challenges- many owners know how to fix cars but don’t know how to lead a team, read finances, and grow business
- Advice for selling- get your financials in order, work with CPA, lease agreement, document the value of equipment, know how much inventory you keep, start making connections with potential buyers years in advance
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Check out today's partner:
Dorman gives people greater freedom to fix vehicles by constantly developing new repair solutions that put owners and technicians first. Take the Dorman Virtual Tour at www.DormanProducts.com/Tour