Used Car Dealers Company Investment Opportunity in Springfield, United States
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 1.7 million |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | Nil |
Industries | Used Car Dealers |
Locations | Springfield |
Local Time | 6:20 PM US / Eastern |
Listed By | Business Owner / Director |
Status | Active |
- Company specializing in the sale of used vehicles, vehicle consignment, and automotive parts.
- This year the sales are lesser at the moment but will pick up and exceed last year's sales.
- Featured on bootstrappers. com.
- 200x profit growth forecast annually for the next 3 years with proper marketing and management.
- Accredited by the Better Business Bureau.
- Has a $100k SBA line of credit available.
- Has three existing auto loan providers for customers, an extremely strong competitive advantage. This takes > 2 years to develop, and many small dealers are still unable to land them.
- Used vehicle sales.
- Vehicle consignment.
- Auto and RV loans.
- Vehicle warranties.
- Automotive parts.
- RVs.
- Trailers.
Assets include computers and furniture.
Intangible assets include -
- Dealer software - online registration and title (Dealertrack), sales agreements (DealerSign), consumer credit checks, (700 Credit), CarFax, CarGurus, AutoTrader, social media channels, and website.
- Branded automotive blog.
- Access to automotive lenders - must be in business for > 2 years to get them, and still very difficult for new dealers to land them. This is a huge competitive advantage.
- Leasing a 5,000 sq ft storage garage in Springfield, VA, with space for 27 vehicles.
- Self funded.
- Owned 50% each by two corporate entities (parent companies)
- Zero debt at time of closing.
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Earlier than 15 daysInvestor, Advertising, Chesapeake, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCo Founder, Alternative Medicine, Arlington, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Healthcare, Baltimore, Individual Investor / Buyer connected with the Business