Thursday, January 8, 2015
FOR IMMEDIATE RELEASE
Attention: Sun Acquisitions has been engaged to sell a Chicago Auto Repair Shop
Contact: Jordan Whitehurst, Director of Corporate Development
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Jordan Whitehurst, Director, at Sun Acquisitions has been engaged to sell a Chicago Auto Repair Shop that has been in business for over 40 years.
Sun Acquisitions (www.sunacquisitions.com) announced today that Jordan Whitehurst, Director, has been engaged to sell Chicago Auto Repair Shop that has been established for over forty years. Sun Acquisitions will manage this entire engagement and advise on deal structures to ensure a successful transaction is completed. Engaging an intermediary in the sale of a business assures business owners that they will get the best pricing and terms, the transaction will remain confidential, and most importantly, give the business owner the freedom to concentrate on his business.
The Auto Mechanics industry has grown on average at 3.2% each of the last five years. The industry generated over $59 billion in revenue in 2014. Another factor contributing to the increasing value of this industry is the increasing number of vehicles in operation. The number of motor vehicle registrations is expected to grow at over 1% per year for the foreseeable future.
This Company has consistent revenues and provides a reliable stream of income for its owner. The business has been established in the City of Chicago for over forty years and has ample opportunities for growth as the owner has not modified or upgraded the business to utilize modern marketing or technology to grow revenue or optimize operations. The seller has not made any effort to market the business and does not currently open on weekends.
“We are pleased our firm was chosen to manage this engagement,” stated Mr. Whitehurst and “we believe this business is a great fit for an existing operator or a individual with auto repair or management experience. Having sold many auto repair shops in Chicago over the past several years our firm is uniquely suited to manage this engagement and help our client achieve his goals.”
For more information please contact Jordan Whitehurst at 773-243-1603
About Jordan Whitehurst
Jordan is the Director of Corporate Development at Sun Acquisitions and is responsible for all marketing, business development, branding and internal operations. Jordan joined Sun Acquisitions in 2010 and is considered an expert in the field having earned an M&A certification and been involved in the acquisition and sale of businesses across all industry sectors.
Jordan has a passion for business strategy, finance, and sales and marketing. He is also involved in the local business community, leveraging his deep M&A experience, by volunteering his time and talents. He has helped many companies understand their value and was appointed as an advisor to Hifikids which is a technology start-up in Chicago focused on the e-learning industry. He has advised the company on its design, buying, IT systems, sales and marketing operations.
Prior to joining Sun Acquisitions, Jordan earned his Bachelor of Arts from the University of South Florida. He maintains an active lifestyle which includes competitive tennis, marathons, skiing, and a particular passion for reading.
About Sun Acquisitions
Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisition or valuation of privately held mid-market companies. We have successfully managed and handled engagements across all industries and are recognized as a leading advisory firm in the Midwest. www.sunacquisitions.com