SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report: August 29, 1997
(Date of earliest event reported)
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SMART CHOICE AUTOMOTIVE GROUP, INC.
(Exact name of registrant as specified in its charter)
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Florida 1-14082 59-1469577
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No. )
incorporation or
organization)
5200 South Washington Avenue, Titusville, Florida 32780
(Address of principal executive offices) (Zip Code)
(407) 269-9680
Registrant's telephone number, including area code
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This Amendment No. 1 supplements the Report on Form 8-K Filed with the
Securities and Exchange Commission on August 29, 1997 by Smart Choice Automotive
Group, Inc., (the "Registrant") to file (a) the financial statements of the
acquired Company and (b) the pro forma financial information relating to the
business combination of the Registrant and the acquired Company.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Business Acquired.
The following financial statements of businesses acquired are included
herein pursuant to Item 7(a):
B&B FLORIDA ENTERPRISES, INC.
Independent Auditor's Report
Balance Sheet as of December 31, 1996
Statement of Operations for the Year Ended December 31, 1996
Statement of Stockholders' Deficit for the Year Ended
December 31, 1996
Statement of Cash Flows for the Year Ended December 31, 1996
Notes to Financial Statements
B&B FLORIDA ENTERPRISES, INC.
Independent Auditor's Report
Balance Sheet as of December 31, 1995
Statement of Operations and Retained Deficit
for the Year Ended December 31, 1995
Statement of Cash Flows for the Year Ended December 31, 1995
Notes to Financial Statements
B&B FLORIDA ENTERPRISE, INC.
Balance Sheets as of June 30, 1997 and 1996 (unaudited)
Statements of Operations and Stockholders' Defict for the
Six Months Ended June 30, 1997 and 1996 (unaudited)
Statements of Cash Flows for the Six Months Ended
June 30, 1997 and 1996 (unaudited)
(b) Pro Forma Financial Information
The following pro forma financial information is included herein
pursuant to Item 7(b):
SMART CHOICE AUTOMOTIVE GROUP, INC.
Pro Forma Consolidated Financial Information -
Explanatory Headnote (unaudited)
Pro Forma Consolidated Balance Sheets as of December 31, 1996 (unaudited)
Pro Forma Consolidated Statement of Operations for the Year Ended
December 31, 1996 (unaudited)
Pro Forma Consolidated Statement of Operations for the Six Months
Ended June 30, 1997 (unaudited)
Notes to Pro Forma Consolidated Financial Information (unaudited)
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(c ) Exhibits
The Exhibits to this report are set forth in the Exhibit Index set forth
herein.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: November 14, 1997 SMART CHOICE AUTMOTIVE GROUP, INC.
By: /s/ Joseph E. Mohr
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Joseph E. Mohr, Chief Financial Officer
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Exhibit Index
23.1 Consent of Rosenfield & Company, P.A.
23.2 Consent of Levine & Levine, Certified Public Accountants
99.1 Financial Statements of B&B Florida Enterprises, Inc. as of December 31,
1996, and the related statements of operations, stockholders' deficit and
cash flows for the year then ended, together with the report of Rosenfield
& Company, P.A.
99.2 Financial statements of B&B Florida Enterprises, Inc. as of December 31,
1995 and the related statements of operations, retained deficit and cash
flows for the year then ended, together with the report of Levine & Levine,
certified public accountants.
99.3 Financial Statements of B&B Florida Enterprises, Inc. as of June 30, 1997,
and 1996 and the related statements of operations, stockholders' deficit,
and cash flows for the six months then ended (unaudited).
99.4 Pro Forma Financial Statements