SUPERIOR AUTO BROKERS | Application Preview
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General Information
Business Registration Number: SUPERIOR AUTO BROKERS
Location: Spicewood, TX, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Auto sales revenue reached 780,000-905,000 between 2014-2018. Covid almost bankrupt us and recent sales have fallen to 200,000-265,000. We plan on ramping up sales and service by adding 4-5 technicians, investing in our inventory and ad campaigns. Addition upgrades to shop equipment is also scheduled.
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Business Plan
We plan on ramping up sales and service by adding 4-5 technicians, investing in our inventory and ad campaigns. Addition upgrades to shop equipment is also scheduled. Current debt of 12,000 will also be paid off. We plan on extensive and targeted ad campaigns similar to our strategy implementation in our record sales years 2015-2018. We are confident we will realize these numbers again and not rely on traditional free or inexpensive advertising.
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Self Identified Competition
We are in very rural area located 45 minutes east of Austin. Our market is Austin proper and surrounding areas. The closest dealership is Covert Chevrolet/Cadillac located 12 miles away. All other used car dealers east of their location would be considered competition. We have a very targeted market focused on Toyota, Lexus and the occasional Honda. These are usually cars and trucks from 2000-2012 and between $4-10,000. These are all cash sales as we do not finance. Every dealer in Austin functions as a bank, charging exhorbinate interest rates. In contrast, we offer great vehicles with lower prices.
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Contact Applicant
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