quatro motors inc | Application Preview
Quatro Motors Inc. is seeking government grants to enhance its business operations. The funding will be used primarily to purchase new inventory, allowing the company to transition from a floor plan that incurs significant costs and fees.
The company's business plan includes hiring sales and finance experts and shifting focus towards offering high-end inventory instead of salvage title cars. This strategy is driven by the recognition of a growing market with substantial potential, as there are currently no exotic or luxury car dealerships in the area.
Approval of the funding is justified by the company's strong vision for the market and the rapid growth of the region. The competition consists mainly of franchise dealerships selling standard vehicles, like Myrtle Beach Chevrolet and Myrtle Beach Hyundai. Quatro Motors' competitive edge lies in its unique inventory that customers appreciate, with the nearest alternative location being two hours away.
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General Information
Business Registration Number: autostars
Location: Myrtle Beach, SC, United States
Length of Operation: 16
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
buy inventory to replace floor plans that cost a lot of money and fees
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Business Plan
hire sales and finance experts buy more high end inventory instead of selling salvage title cars and there is a big potential in the area because i have a good vision for the market and this area is growing rapidly and we do not have exotic or luxury car dealership
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Self Identified Competition
just franchise dealers that sell regular cars and new inventory like myrtle beach chevrolet or myrtle beach hyundai my cars that my customers love and the closest place that sells them is 2 hours away
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Contact Applicant
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