KC Cars Inc | Application Preview
KC Cars Inc. is seeking government grants to enhance its operations and financial stability. The funding will primarily be used to increase inventory, retain current employees, reduce loan dependency, and possibly relocate to a more suitable commercial space.
The business plan focuses on building a better inventory, securing a larger location, hiring additional staff, and promoting the business more effectively. The applicant emphasizes a substantial background in the automotive industry, with 30 years of experience and quick repayment to initial investors due to profitable operations. By securing funding, KC Cars aims to eliminate reliance on private financing, resulting in significant cost savings and further growth potential.
In terms of competition, KC Cars faces rivals such as Portland Cars, International Auto Sales, and Bobby's Auto Sales. The company's competitive edge lies in its specialization in affordable vehicles, rigorous pre-purchase inspections, and offering in-house financing, which broadens its customer base. The focus on lower-priced vehicles reduces risk and enhances profit margins, positioning KC Cars favorably in the market.
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General Information
Business Registration Number: 01795654-3
Location: PORTLAND, OR, United States
Length of Operation: 1.5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Invest in additional inventory. Maintain current employee. Eliminate loans absorbing income. Potentially move to a location better suited to my business needs.
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Business Plan
Improve inventory. Open a large commercial location. Add additional employees. Promote the business I have 30 years of knowledge and experience in the industry. Major business owners invested in me to start up and I was able to repay them quickly due to good profits. I have built an in-house portfolio to build a stable financial foundation. With investment, I can get out from under private flooring companies, saving me thousands and allowing the business to grow.
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Self Identified Competition
Direct competitors, in addition to the many other dealers in Portland, are Portland Cars, International Auto Sales, and Bobby's Auto Sales. Every auto dealer has their own niche. I specialize in less expensive vehicles and thoroughly inspect and drive the vehicles before purchase. I offer in-house financing that other dealers don't which opens up a larger market of customers. Lower priced vehicles allow me greater profit on investment with lower risk.
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Contact Applicant
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