Small Business Deal Advisors (“SBDA”) is pleased to announce the successful sale of Auto-Lab Howell to two local individual investors.
Auto-Lab Complete Car Care Centers, in operation since 1989, is a growing auto repair franchise business with an emphasis on being the complete car care alternative to the dealer. The company currently has 26 franchised locations in Michigan, Indiana, Iowa, Florida and Texas. The Company utilizes state-of-the-art diagnostic equipment and certified technicians to ensure high quality service is always provided.
Auto-Lab Complete Car Care Centers located in Howell, Michigan, was previously under the ownership of franchisor Auto-Lab Franchising, LLC, who upgraded equipment and signage, hired new staff, and grew the customer base. The franchisor felt the Company was ready for a new franchisee and transitioned Auto-Lab Howell to local owner-operators, Andy Dobek and Travis Dwyer.
“I started out by working at Auto-Lab Howell as a Master Technician a few years ago,” noted Andy Dobek, co-owner of Auto-Lab Howell. “The opportunity to take over the store as an owner was brought to me and I then brought in my partner, Travis, to make this location an even more integral part of the Howell community.”
Auto-Lab Howell has been in business serving the community for many years and is a well-known establishment. Customers can expect the same quality repair and service provided by the dealership without the dealership price. Auto-Lab is partners with vendors such as AutoZone, O’Reilly Auto Parts, Advance Auto and Motown Automotive, to provide parts and a nationwide warranty.
“As a company, we were delighted to transition this ownership to new owners who are not only knowledgeable about the Auto-Lab brand, but are also members of the community in which they serve”, says Stephen R. Wilson, President and COO of Auto-Lab Complete Car Care Centers. “Howell is a close knit community and Andy and Travis bring that small town connection that is needed to operate this location.”
“The Auto-Lab Howell transaction exemplified a trend that we are seeing whereby two friends partner in the successful acquisition of a going-concern business,” said Max Friar, co-founder of SBDA. “We wish Andy and Travis the best of luck moving forward.”
“Thank you, SBDA, for your assistance in the successful preparation, marketing and sale of Auto-Lab Howell!” – Steve Wilson, President/COO, Auto-Lab Complete Car Care Centers
SBDA served as an M&A Advisor to Auto-Lab Howell. This included providing advisory expertise and managing the preparatory, marketing, due diligence, and negotiation phases of the transaction.
Terms of the transaction were not disclosed.