Neal Price

New Market, MD (USA)
Role(s):
Other

Dealers 1st Source, LLC

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Location: New Market
Industry: Automotive
Year Founded: 2008
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: Limited Liability Company
Description: Diamondbrite is a product with an extraordinary 20 year history throughout Europe, Asia, Russia and the Middle East. The product, a premium petroleum based Paint, Fabric, Leather and Alloy wheel sealer/protectant was developed for a major automobile manufacturer (Volvo) then expanded to the franchised dealer base. Dealers 1st Source secured the exclusive rights to the US market in February 2012 and began marketing efforts in May 2012. Dealers 1st Source markets the product throughout the United States through independent agents serving the 17000+ New vehicle franchised dealers, or in some cases direct to dealer sales. Our niche is the lifetime warranty as we are the ONLY company to offer such a warranty in all 50 states on all four areas of the vehicle. Our product is backed by a Major Insurance company, Starr Indemnity, in business since 1917. This opportunity is extraordinary as according to Add on Auto, the industry experts, Paint protection was the number one revenue generator and number one profit margin product in 2012. Protections such as these are expected to gain in popularity again this year and with positive vehicle volumes expected to grow in 2013 the opportunity expands even more. Dealers 1st currently has monthly revenues of $14,000.00 to $16,000.00 and currently has no debt. Liabilities are limited to taxes and insurance and purchases of inventory. We are looking to borrow $200,000.00 - 250,000.00 for 60 months. Current inventory is paid for and valued at around $43,750.00. The funds will be used for the following, . *Advertising in the Trade journal Automotive News *Secure a booth at the National Auto Dealers Association Convention in Feb 2013 *Secure additional inventory for expected growth from recently added agencies and dealers. *Hire additional commissioned reps for the West coast. *Open and furnish flex space to handle additional staff and inventory. The current staff of Dealers 1st consist of the owner, a 35 year veteran of the automobile industry, The Eastern Division manager, A 25 year veteran of the Automobile industry, The CFO, 25 years experience, Two Regional VP's, both with extensive industry experience in retailing and marketing. Our attorneys and CPA's are paid as used. Please visit our website at (URL removed) and (URL removed) for product info. The Diamondbrite site can be accessed directly through the main site by clicking on products. This is an extraordinary opportunity for someone who wants to earn significant returns with a relatively safe investment. Should you have an interest, you can contact me directly at (Phone # removed)or my cell at (Phone # removed). Thank you taking time to review this opportunity. i look forward to speaking with you. Sincerely Neal Price Principal