| Proposed Ticker: PECH | 506 45th Street, Suite A-2 | |
| Exchange: NASDAQ-National Market | Columbus, Georgia 31904 | |
| Industry: Service | (706) 324-0002 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 11/14/96 | |
| U.S. Shares Filed: | 1,500,000 | Filing Price: | $8.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $12,000,000 | |
| Primary Shares: | 1,500,000 | Expenses: | $384,182 | |
| Secondary Shares: | 0 | Shs Out After: | 8,318,812 | |
| Manager | Tier | Phone |
| Rickel & Associates, Inc. | Lead Manager | (800) 678-2664 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 9/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $22.93 | $17.12 | Assets: | $3.66 | |
| Net Income: | $1.44 | $1.24 | Liabilities: | $3.57 | |
| EPS: | $0.14 | $0.12 | Equity: | $0.09 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading regional operator of vehicle paint and collision repair centers in the southeastern United States. The company's paint and collision centers operate under the tradename "Peach Auto Painting and Collision." The company paints vehicles on a production basis, offering its customers a variety of refinishing and painting options at attractive prices that vary based on the amount of preparation of the vehicle prior to painting, special paint additives, such as clear coats, hardeners and sunscreens, optional services and length of warranty. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |
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