Posts Tagged ‘client profile’

Client Profile: Prime Car Wash

When Chris Galloway co-founded Prime Car Wash in 2012, he was far from the car wash industry. He was in the midst of his chiropractic career at ProWellness Chiropractic in Fishers.

Galloway co-founded the practice in 2008 with fellow chiropractor Robert Hatfield. When one of their patients, Brent Oakley, brought up the idea of creating a higher-end, full-service car wash, Galloway and Hatfield looked into it and became intrigued. They saw a gap in Indy’s full-service car wash market and grew eager to fill it after discovering the successful financial records of such a car wash in Baltimore, Maryland. Galloway and Hatfield joined forces with Oakley to create what eventually became Prime Car Wash.

The business stands out from the competition by offering express detailing, cleaning every inch of the car within 30 minutes. From removing scuff marks on the outside to shampooing the carpets inside, Prime Car Wash makes vehicles look brand new. Better yet, it has an in-house café where customers can sip coffee and surf the internet while they wait.

Since the first Indianapolis location opened in 2012, Prime Car Wash has opened three more locations in the state along with one in Florida.

As the business grew, Galloway and Hatfield decided to dedicate more of their time to it. They sold their chiropractic practice in 2015.

Galloway took on all financial responsibilities at Prime Car Wash.

“This job aligns with my personality more,” he said. “I’m very math-oriented and like working with numbers, so it allows me to focus on what my brain seems built to do.”

However, given his largely medical background, Galloway finds himself needing help navigating through the financial field. This is why he values Prime Car Wash’s relationship with Sponsel CPA Group, as the accounting firm took the majority of financial responsibilities off his back. This leaves him with more free time to manage his team and Prime Car Wash’s lending relationships as well as time to grow the business.

“They understand our complex financial structure,” he said. “And they understand the individuals in our business as well.”

In addition to providing financial management, tax consultation and audit and assurance services, Sponsel brings a personal touch that Galloway appreciates.

“They’re great people, first and foremost,” he said. “They’re incredibly responsive, always getting back to us right away. I always feel supported and like our business is in good hands.”

Click here to learn more about Prime Car Wash.

Client Profile: Ash & Elm Cider Co.

Ash Elm & Cider Co. is a relatively new family business run by the husband and wife team of Aaron and Andréa Homoya. After roughly two years of planning, they opened the craft cidery in the summer of 2016.

Aaron, the chief fermentation officer, has been brewing beer at home for more than a decade. But as the craft beer industry seemed to be crowding the market in Indy, he and Andréa decided to shift their focus to hard cider. A particularly tasty cider they tried in Ireland inspired them to start making their own. And they wanted to stand out from the local competition.

“No one in Indianapolis was making craft cider the way we wanted to, and as a category, cider was really becoming a lot more popular nationwide,” Andréa said. “The skills transferred pretty well between brewing and cider-making, so we decided to go for it.”

Aaron kept his day job as an electrical engineer, moonlighting as the manager of Ash & Elm’s cider-making process. As CEO, Andréa oversees the daily operations, making sure everything in the tasting room and kitchen runs smoothly and working with local bars and restaurants to get the company’s ciders on taps and retail shelves all around town.

Everything at Ash & Elm is local — from the Indiana-grown apples used to make the ciders to the meats and cheeses on its delicious pressed sandwiches. Aaron and Andréa take pride in the company’s Hoosier roots.

The Homoyas’ relationship with Sponsel CPA Group began when Ash & Elm was still in its infancy.

“Our lawyer, Dave Castor, recommended Sponsel back when we were still a business in planning,” Andréa said. “We were looking to secure some bank financing and needed help with our business projections. We hired Sponsel to help us with that project, and then we decided to continue the relationship after finding them great to work with and very knowledgeable.”

Ash & Elm continues to grow and thrive. Keep an eye out for its upcoming seasonal ciders — pumpkin, raspberry and winter spice. Click here to learn more about the company.

Client Profile: ProSource Wholesale

When Dave Grande took over as the owner of ProSource Wholesale of Indianapolis, he had no experience in the commercial and residential renovation industry. But he hit the ground running and helped the franchise business continue to grow as one of North America’s largest trade-only wholesale suppliers for commercial and home improvement projects.

Established in 1991, ProSource boasts more than 140 showrooms across the U.S. and Canada. Grande owns the franchise rights to the entire metro Indianapolis area, overseeing three showrooms that offer flooring, kitchen and bath products for builders, remodelers, real estate agents and other trade professionals.

After 28 years as a manufacturer’s representative in the machining industry, Dave took a risk and jumped onboard the ProSource team, buying the first north Indianapolis location from his wife’s former neighbor in the spring of 2005.

Tom Sponsel immediately sprung to Grande’s mind when he was in the process of financially positioning himself to purchase the location.

“Tom and I go way back,” Grande said. “We went to Cathedral High School together. He was the first guy I called, and I’m so glad I did. Sponsel CPA Group was extremely instrumental in helping us acquire the business. Their relationship with the local banks persuaded people to take a chance and give us the loans we needed to start.”

After overcoming the economic downturn of the housing industry in the mid-2000s, Grande went on to open two more Indianapolis locations, one of which is currently managed by his son.

Sponsel CPA Group is proud to play a role in helping Grande run this growing family business.

Click here for more information about ProSource Wholesale.

Client Profile: Storage Express

Jefferson Shreve, the founder and president of Storage Express, built his business from the ground up. He started construction on his first storage facility in Martinsville, IN during the spring semester of his senior year at Indiana University, and his business has been growing and thriving ever since.

Now, 28 years later, Storage Express has 106 locations across five states: Indiana, Illinois, Ohio, Kentucky and Tennessee. Based out of Bloomington, IN, Storage Express buys, builds and manages self-storage facilities that offer customers 24/7 access and support. Shreve has leveraged technology and a devoted team of long-term managers who offer a high quality, customer friendly experience.

The steadily rising success of Storage Express is a testament to the power of perseverance and continuous innovation into the services and facilities provided.

“Growing a business is no small feat,” Shreve said. “Oftentimes the odds are stacked against start-ups, and you can find yourself tempted to throw in the towel. But I’ve found that if you hang in there and persevere, great success can come your way. Oh, and you can’t run out of cash!”

Three years ago, Shreve and the Storage Express team turned to Sponsel CPA Group for tax consultation as well as audit and assurance services and HR compliance. Shreve considers Sponsel an important partner that plays an integral role in helping the business continue to run smoothly.

“Sponsel has been a great team to work with,” Shreve said. “They’re always accessible and responsive, and they’ve been a valuable asset to our company.”

Click here for more information about Storage Express.

Client Profile: Outreach, Inc.

Outreach Inc.Outreach, Inc. is a key civic safety net for Central Indiana teens who are homeless or at risk. Founder and CEO Eric Howard started the non-profit group nearly two decades ago, literally operating out of the trunk of his car. Now Outreach serves nearly 400 homeless young people between the ages of 14-24, has a permanent staff of 15 people plus 96 volunteers.

“We call our volunteers unpaid staff because they are so vital to our success. They are mentors and tutors to our young adults, and also perform administrative duties and data entry,” Howard said.

After operating out of a home on Indianapolis’ Eastside for many years, Outreach recently broke ground on a new facility four blocks away that is almost four times as large as their present space. That has brought expanded ambitions, but also new challenges.

A Christian-centered group, Outreach offers a broad range of services, from meals and a place to shower to counseling and referral to other community resources. They also run a telephone resource line for teens who find themselves in need of their services..

For a number of years now Outreach has turned to Sponsel CPA Group for help. Not only does the firm assist them in meeting all their important filing deadlines and state and federal disclosure requirements, they serve as proactive advisors who bring new ideas and opportunities to the table. This includes streamlining their new service model, launched in June, which promotes health and capacity amongst youth, staff and partners.

“We couldn’t do what we do without Sponsel CPA Group. They not only celebrate our success but want us to thrive. They are partners, and I’m surprised how excited they get about our successes,” Howard said, adding that members of the Sponsel staff attended their groundbreaking and other events.

“This is hard to believe, but our staff loves it when they come to audit. The audit is more than catching mistakes. It’s about helping us become a better steward with the resources entrusted to us.”

Unlike previous accounting firms that seemed more interested in racking up billable hours than lending assistance, the Sponsel team is always ready to help, Howard said. “We are never embarrassed to ask Sponsel CPA Group a question. They know filing deadlines and state and federal requirements are their focus, which frees us up to focus on our business.”

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