Russ Wooten
Hendersonville, NC (USA)
Role(s):
Founder/Owner/Principal
Public Wholesale Auto
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Startup
Location:
Hendersonville
Industry:
Automotive
Year Founded:
2008
Number Employees:
1-10 people
Description:
We are looking for an investor to help us have enough capitol to buy car titles and run our used car dealership more effectively. Our dealership has been very successful even in these tough economic times. Every vehicle on our car lot is under $5000! We also finance a few car loans ourselves. We would like a 20-30K investment to buy car titles with. For every car we sell we give you $100 (we have been averaging anywhere from 9 - 12 cars per month). The way this works is we put the money we recieve from an investor in a seperate bank account and use it like a line of credit. Say we buy a car for $2000 and then sell the car for $3000. We put $2000 back in the line of credit bank account then give you, the investor $100. The additional $900 goes into our business account for the day to day operations of our business. This additional capitol will really help our business run more smoothly and also allow us to advertise even more! I am building our website and it will be up and running shortly. My business partner and I really like to beat the bushes and make things happen. Also with keeping our car prices at or below $5000 we have a much larger market than many other dealerships! We are also in the middle of getting a national truck rental franchise that will run from our dealership. This is a great chance we believe to make a good return on a minimal investment! If you have any more questions please email me at:
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