The Good, The Bad, and the Unexpected of Purchasing an Auto Repair Shop

Join host John Phelps and special guest Eric Reich of Bennett's Automotive for an insightful webinar exploring the intricacies of buying an auto repair business. In this session, Eric, who transitioned from a 19-year corporate career to entrepreneurship, will share his journey of acquiring Bennett's Automotive—a well-established, reputable 6-bay repair shop with a 30-year legacy.Discover the key factors that helped Eric find the right opportunity after an extensive 18-month search. He will delve into both the advantages and challenges of purchasing an existing business, shedding light on unexpected hurdles and surprising benefits that emerged during his transition.

‍Highlights include:

Finding the Right Fit: Eric’s approach to identifying a business that matched his goals and values. Overcoming Challenges: Real-life obstacles faced and strategies used to navigate them.

‍Unexpected Lessons: Surprises and insights gained from the process  and ownership that prospective buyers should consider. Whether you're contemplating buying an auto repair shop or simply curious about the entrepreneurial journey, this webinar offers valuable perspectives and practical advice from someone who has been through the process firsthand.