122. Keeping the Legacy Alive: A Collision Shop Owner’s Path Forward with Andy Peters

After decades of growing Peters Body Shop into a trusted name in Fort Wayne’s collision repair community, Andy Peters found himself at a crossroads when his long-time advisors retired and friends began asking when he would finally slow down.

In this episode, Matt DiFrancesco talks with Andy about the moment he realized he needed a transition plan, his early consideration of selling to a big box buyer, and why he ultimately chose a succession path that protected both his people and the legacy he built. Andy shares how he found Matt, how bringing his production manager into the process reshaped his future, and how understanding taxes, valuation, and continuity guided every decision.

Matt and Andy also talk about:

(01:59) How losing his long-time advisors pushed Andy to finally plan his future.

(04:59) Why a big box offer became the wake-up call that changed his direction

(06:53) How exploring ESOPs and internal transfers helped clarify his ideal transition

(11:34) Why investing in his production manager became the foundation of his succession plan

(14:47) How Google reviews reshaped his customer experience strategy

(16:07) Why mastering valuation, taxes, and continuity made his exit plan work

If Andy’s story hits home and you want to explore your own path forward, you can schedule a call with Matt at https://highliftfinancial.com/. He offers a complimentary 30 minute conversation to understand your current situation, your long term vision, and whether working together makes sense. And even if it isn’t the right fit, Matt will make sure you’re guided toward the best next steps for your transition.

Connect With Andy Peters

LinkedIn; https://www.linkedin.com/in/andy-peters-9ba30117/

Website: https://petersbodyshop.com/

Connect With Matt DiFrancesco:

matt@highliftfin.com

(814)201-5855

LinkedIn: Matt DiFrancesco

LinkedIn: High Lift Financial

Facebook: High Lift Financial 

Instagram: @high_lift_financial

YouTube: @highliftfinancial

About the guest:

Andy Peters is the owner of Peters Body Shop in Fort Wayne, Indiana, a collision repair business he has built and led for more than 46 years. Known for his commitment to craftsmanship, a strong family atmosphere, and developing the next generation of leaders, Andy has created a shop culture rooted in integrity and continuous improvement. As he transitions into the next chapter of his life and business, Andy remains focused on preserving the legacy he built and empowering his team to carry it forward.

Disclaimer:

All information is obtained from sources deemed reliable, but not guaranteed. No tax or legal advice is given nor intended. Content provided herein or on our website should not be construed as an offer for investment advice or for securities, insurance, or other investment products. Investments involve the risk of loss and are not guaranteed. Consult a qualified legal, tax, accounting, or financial professional before implementing any investments or strategies discussed here.

High Lift Financial is a DBA for DiFrancesco Financial Concierge, LLC.  Investment advisory services are provided through Cornerstone Planning Group, LLC, an independent advisory firm registered with the Securities and Exchange Commission.