Gross Revenue: $20,500,000

Cash Flow: $812,000

Cash Flow Comments: EBITDA

The company is a franchised automobile dealership, whose operations include sales of new models, a wide range of used vehicles, full service-parts department, and service department. The Company sells a full line of new models, and accepts trade-ins of any make or model. The Company’s service department provides a full complement of warranty and post-warranty services, as well as oil changes, maintenance, and other repairs. Revenues have grown over 100% since 2004, reaching $20.5 million in 2006, and are projected to reach $25 million in fiscal year 2007. In 2006, the company sold 220 new cars and 858 used cars. Growth has been the result of effective marketing programs and execution of customer sales strategy. A customer base of over 2,600 customers included 1,988 new customers and 643 recurring customers in 2006.

Some of the Company's highlights include:
• Sales have grown from $8,700,000 to $20,500,000 between 2004 and 2006
• New and used vehicles sales represent 75% of revenues with remaining in parts, service, service contracts and insurance.
• 10+ years reputation for quality products and superior customer service
• There exists a myriad of opportunities for the Company to significantly increase revenues and profits, including leveraging the Company’s reputation to pursue and attract new customers.
• The Company has developed a customer base of 643 active customers and had 1,988 new customers in 2006
• New vehicles sold represent one of the preeminent automakers in the world, and is known for innovative new models that achieve a competitive price point. Significant revenues are actually derived from used vehicles because of the draw for the national franchise name.