Hays Auto Collision Repair, Inc.
d.b.a. Duvall's Auto Collision Repair
Hank and Cindy Hays, Owners
Fort Smith, Arkansas

Early retirement to beach front property somewhere was just not in Hank and Cindy Hays plans. After a career in the military and serving as the CFO of a private company, the Hays' decided to purchase a business. They knew the risks and rewards associated with business ownership. They also knew a good value when they saw one. So when the opportunity to purchase Duvall's Auto Collision Repair came available, they knew it was worth taking a close look at.

Mr. Hays contacted Vonelle Vanzant at the UA Fort Smith Small Business Development Center for assistance in determining the fairness of the asking price. Working together, they analyzed the seller's information, discussed the Hays' goals for the business and looked at financing options. With the asking price was in range, and a realistic opportunity to build upon the company's already successful twenty eight year history, financing was secured through Bank of the Ozarks. The Hays' officially had their own key on April 6, 2006.

Both Hank and Cindy are enjoying making their new business theirs and invite all to give them a try. The Hays' said of their experience with the SBDC, "We so appreciated Vonelle's ability and objectivity. She was able to give us the confirmation we needed that the business was fairly priced and the confidence to pursue our dream."

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The Arkansas Small Business Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran’s status, or disability.