High-Volume OC Commercial DMV Registration Services
Business Description
Established in 1996 to bridge the gap between independent automotive dealers and DMV services, this business initially tailored services for dealers who lacked staff to manage complex DMV paperwork and for transplants moving from out of state. Operations settled into its current location in 2011 and has been a local fixture, becoming well known in local classic car circles for frequent attendance at shows and gatherings.
Today, the company processes a wide range of transactions for thousands of clients, including banks, leasing companies, fleets, and private parties. Services include title transfers, registration renewals, VIN confirmations, and out-of-state registrations.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Today, the company processes a wide range of transactions for thousands of clients, including banks, leasing companies, fleets, and private parties. Services include title transfers, registration renewals, VIN confirmations, and out-of-state registrations.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 30
- Employees
- 3 Full-time
- Facilities & Assets
- The offices are located at a busy intersection. The rent is $ 3,150.00 per month for the 1,800-square-foot space.The landlord will likely cooperate with awell-qualified buyer.
- Market Outlook / Competition
- There are two AAA offices within 10 miles of the business. Theyrequire customers to have paid memberships. They focus on individuals, not commercial customers (not dealerships with volume).Complicated transactions cannot be completed there.
Few others have the established reputations and relationships within the automotive industry. - Opportunities for Growth
- To increase profits, the Seller recommends that a buyer expand to a second location, make a concerted effort to advertise and market the business, grow its social media presence, and offer additional services such as insurance or a driving school.
Marketing to large automotive businesses and out-of-state dealerships through targeted promotions and modern customer follow-up technology could also be highly productive.
About the Sale
- Seller Motivation
- The Seller is moving overseas to be with her European spouse.
- Transition Support
- To ensure a smooth transition and ongoing success, the Sellers consult for as long as needed, but it’s recommended that a Buyer retain the current staff to ensure the smoothest transition.
- Financing Options
- TBD if the structure and terms are acceptable.
Listing Info
- ID
- 2469811
- Listing Views
Listing ID: 2469811 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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