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Profitable Used Car Dealers Company Seeking Loan in Charlotte, United States

Pre-owned car dealership that sells 200+ cars per year seeks funds to increase inventory.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 350 thousand
Run Rate Sales USD 480 thousand
EBITDA Margin 30 %
Industries Used Car Dealers
Locations  Charlotte
Local Time 4:13 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 300 thousand for 10.0% annual interest, 7 years (Native Currency: USD 300,000)
Reason: To increase inventory for public sales.
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Business was started as a sole proprietorship in 2017 which has grown rapidly with clients both individuals and commercial companies patronizing us every day.

- We sell over 200 cars every year.

- We also offer shipping of our cars globally.

- Have clients from both local and international markets.

- Company has a single director and has no liabilities.

Products & Services Overview

Sale of pre-owned:

Cars.

Trucks.

Tractor.

Trailer.

Boat.

Heavy duty vehicles.

Assets Overview

Have inventory worth over $100,000 as physical assets.

Facilities Overview

Have 2 office leasing spaces on the ground floor.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Houston TX, Houston, Financial Consultant connected with the Business
  • Earlier than 15 days
    Referral Partner, New York, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Kingston, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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