Austin Automotive & Sales, LLC | Application Preview
Austin Automotive & Sales, LLC is applying for government grants to support their operations. The funds will primarily be used to secure a lease for their physical location and to enhance their buying power for inventory.
Their business plan focuses on purchasing wholesale vehicles and selling them at retail prices. Profits generated from these sales will help expand their classic car restoration services, creating two streams of income.
The founders have a deep passion for cars, having restored five classic vehicles themselves, which gives them a solid understanding of the restoration process and associated costs. They also possess considerable knowledge of the wholesale vehicle market, auction dynamics, and which vehicles yield the highest resale values.
While local auto dealers represent the main competition, Austin Automotive & Sales differentiates itself through superior processes, industry expertise, and a customer-centric approach. Their aim is to provide a hassle-free experience for customers looking to buy used cars. Additionally, their extensive knowledge in restoration ensures that they can identify and sell vehicles that are most likely to attract buyers and deliver strong profits.
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General Information
Business Registration Number: 86-1428244
Location: Monroe, GA, United States
Length of Operation: We started out LLC o
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We will secure our physical location lease and will utilize some of the funds to use as buying power for inventory.
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Business Plan
We plan to grow our business model by buying wholesale vehicles and selling retail. We will utilize some profits to then grow our classic car restoration side of our business so that we will have two means of income generation within the one business name. We are lifelong car people and have 5 classic cars that we have restored ourselves and we know how all that works and the costs involved in those ventures. We have extensive working knowledge in the wholesale vehicle markets, how auctions work and what vehicles have the best resale values.
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Self Identified Competition
Any local mom and pop auto dealer is our competition however our processes, our knowledge and our personalities set us apart from any competition in the market. Our whole goal in establishing our business was to give the public a stress free and easy process to locate and buy used vehicles. Our business model in the restoration aspects, we bring strong industry knowledge and background in what restored cars bring the best money and what will sell.
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Contact Applicant
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