John Taddei
Media, PA (USA)
Role(s):
Other
O'Neill Car Dealership
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Startup
Location:
Lansdale
Industry:
Automotive
Year Founded:
2000
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
O'Neill Car Dealership has been in business for 15 years and I am acquiring this business because the owner is retiring. He was asking 309,000.00 for the business and I was able to negotiate the price down to $ 100,000.00. It includes 62,000.00 of inventory, including 9ea. vehicles, shop equipment and mechanic's tools. The business as cash flow of $ 160,000. I am looking for an investment of $ 100,000.00 to help fund start-up costs, inventory, sales price and lot capital improvement so that we can expand our the business. O'Neill Car Dealership is located in Lansdale, PA and currently has average monthly sales of 50,000/month, to expand to $ 85,000.00 within in the first year. Below, I have included some other important details about the funding that we need.
O'Neill Car Dealership is primarily interested in these funding sources, but will consider all inquiries:
-Equity Funding (Venture Capital, Angel, Private Equity, etc)
Please call my mobile (Phone # removed)if you have interest and I can forward; business plan, 3 years of forecasted profitability, inventory lists and qualifications of the owner. Thank you.
John