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Growing Through Mergers and Acquisitions – Amanda Drake [AW 102]
Episode 10223rd April 2022 • Remarkable Results Radio Podcast • Carm Capriotto, AAP
00:00:00 00:25:14

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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.

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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

 

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