Precision restoration proprietor Dale Oestreich sells firm Basic automobile and truck restoration enterprise offered to native buyers | APN messages
MA & RI’s PLAN becomes Northeast Arc’s preferred planning partner for special needs. appointed
Dale Oestreich, owner of Precision Restorations, is selling the company’s classic car and truck restoration business to local investors
Published on July 20, 2021
St. Louis, MO: Dale Oestreich, a lifelong entrepreneur, recently sold his 13-year-old precision restoration business to local investors. The company, founded in 2008, is one of the largest classic car restorers in the country.
Oestreich plans to leverage his extensive experience by focusing on his new brokerage and advisory firm, Business Services, Inc., which helps small business owners prepare, market, negotiate and sell their businesses at the highest market value. Oestreich will also help small businesses cope with the daily challenges in marketing and HR responsibility, improve their operational processes and identify cost reductions.
Oestreich has more than 41 years of entrepreneurial experience developing his own businesses, including American Delivery Service, Office Supplies, etc., ADS Logistics and Franchise Business Services. He is a sought-after public speaker on a variety of topics related to small business transactions and development.
Precision Restorations will retain all 14 employees at the 4151 Forest Park Ave location. St. Louis investor and entrepreneur Steven Shelley, a former Precision Restorations client, is the new owner of the company. His father, John Shelley, is a minority shareholder with Aaron Smoller.
Precision Restorations offers restoration and customization for antique, classic and classic cars and trucks. The company usually works on 30 simultaneous projects in different renovation phases at its 24,000 square meter site. The projects averaged $ 100,000 per car, many of which were over $ 150,000.
“I look forward to focusing my efforts on helping small businesses be more successful,” said Oestreich. “As a permanent contractor, I look forward to sharing my experience with those looking to improve their existing business or seek new opportunities.”