Growing Through Mergers and Acquisitions – Amanda Drake [AW 102]
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
Connect with the Podcast:
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
About the author, Carm Capriotto, AAP
Carm is the founder and host of the Remarkable Results Radio Podcast and the pioneer of automotive aftermarket podcasts. Carm calls on his years of experience in the aftermarket to bring engaging stories from his guests.
Listen to raw, unfiltered, honest, and sincere stories that include insights, trends, best practices, and expertise. Each interview brings an opportunity to learn one new thing through the stories of personal achievement. Many podcast guests tell their story of transformation from working in their business to working on it.
As host of over 1,000 episodes, Carm uses his enthusiasm and passion for the aftermarket especially the service sector to take his listeners on a journey showcasing successful service professionals’ paths to Remarkable Results. He also enjoys interviews with aftermarket industry thought leaders who bring their industry perspectives to his listener.
Follow the podcast on your favorite podcast listening app and always listen to learn just one thing!