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Art-blumenthal.com news digest

  • 4 years

    New Owner Vows to Continue 5-Star Legacy of California Tire Co.

    Seller Embarks on Exciting New Aftermarket Career
    Newbury Park, CA…August 26, 2019… California Tire Co., a well-established Ventura County, CA independent tire and automotive service center owned and operated by Dean and Chris Pellegrino, a husband and wife team, was recently sold to another married...

  • 4 years

    Understanding Confidentiality

    It’s important to understand the various aspects of confidentiality when it comes to selling a business. This can involve understanding what to disclose and when, and the legal obligations that need to be met by business sellers.
    Knowing what to disclose and when...

  • 5 years

    6 Reasons Shop Owners Need a Transition Plan

    February 26, 2019…
    Why do shop owners need a transition plan? Below are six core reasons.
    1. Transitioning out of a business likely is the most important financial transaction of a shop owner’s life.

  • 5 years

    3-Week Shutdown Reprieve Opens Door to SBA/Bank Financing for Shop Owners

    Malvern, PA…January 28, 2019… Art Blumenthal LLC, an automotive aftermarket-specific business broker, is utilizing the 3-week window created by the end of the federal government shutdown to expedite the closings of tire and auto service shops that have...

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