Look out Northeast Florida, there is a Jacksonville entrepreneur who is rapidly expanding his automotive empire. Eddie David, an eight year veteran in the automotive industry, took a break and traveled around the world for a year. Then he came back to Jacksonville and hit the automotive industry hard by bringing together several businesses that serve customers’ various automotive needs. His most recent acquisition was a 39 year-old, well respected body shop, he named San Marco Paint and Body. With help from broker Julie Brigman of Transworld Business Advisors and Ed Randall, Central Bank’s Northeast Florida Market SBA/USDA Lender, Eddie acquired the business and property in a two and a half month closing time. In just a few months, Eddie has doubled the number of cars serviced per month than the previous owners. In addition to body and paint work for individuals, commercial fleet companies and insurance carriers, he also performs complete auto restorations. But the body shop is only part of Eddie’s automotive business. He also owns a used car lot and the Arlington Goodyear Tire and Service Center. There’s no telling how far this young businessman is going to expand. The shop is located at 3463 St. Augustine Road, Jacksonville (904-398-1127; SanMarcoPaintBody.com). Eddie is on the right in this “Lunch with Les” photo.
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