Paul GIbson
Buffalo, WY (USA)
Role(s):
Founder/Owner/Principal
Bottom Dollar Auto Inc
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Startup
Location:
Buffalo
Industry:
Finance
Year Founded:
1996
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
Wyoming is growing because of the energy industry. Banks around here are still making it difficult for customers to get financing on used vehicles. Our niche in the market is the working class people. Those who may have decent credit but because of some recent problems in their lives are unable to get a traditional bank loan. We currently have about $250,000 in A/R and about $300,000 worth of Inventory. We are wanting to use this opportunity to grow and capture more of the market. Opening an additional location will lower the operating cost per unit and allow us to expand the finance portion of the business. We have been established for about 15 years and have a great following. We want to remain in the vehicle market where the cars have minimal depreciation and a incredible Gross profit margin! Email me for more information if interested. I think it would be a great start to something big in this area. We really don't have any competition in our market yet! Not many people know of Wyoming :-)