Pre-Owned Automotive Super Center #86202112

The Company was founded in 2013, and has differentiated itself as a preeminent used luxury car dealership, with a complimentary service business. This is a five-star dealership that maintains an extensive inventory of over 220 cars on the lot. They have a state-of-the-art website that allows customers to complete a full transaction for a car without having to ever come into the facility. Location: Texas Year Established: 2013 Number of Employees: 50 Real Estate: Owned Building Sq. Ft.: 35,000 Facilities: This dealership prides themselves on having the in-house service division. Ownership notes that once a car gets sold to the dealership, the only time it leaves the lot is when it gets sold. As a business with established operations and regional reputation, they are well positioned to maintain steady growth in the pro forma period. Market Outlook/ Competition: *Copyrighted Website — The company’s ownership was strategic with their website design by obtaining an exclusive copyright to the layout of their online presence. Ownership prides themselves on the simplicity of the website, noting that customers can by a car online, and receive financing without ever having to step foot on the dealership. *Extensive Inventory– The company maintains a deep inventory of used and luxury cars, ranging from 220-250 cars on the lot. Ownership also notes they have recently diversified their inventory, into fleets of vans and work trucks which has proved to be fruitful for the company. *Proven Model– This dealership has quickly grown to become one of the premier auto dealerships in the entire DFW Metroplex. Ownership notes that their systems and processes have become highly efficient, and a new owner would be stepping in to a dealership with immediate profitability and success. *Strong Revenue Growth— This company experienced a strong CAGR of 19% from 2018-2020, and this growth is projected to continue in the pro forma period. Growth & Expansion: *Geographic Expansion *Service Expansion *Hire Additional Sales Staff