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Looking for Investor for $100,000 Inventory: 100% Secure
Posted by:
michael fischer
on 5/5/2008 4:49:04 PM
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Funding Needed
:
Under $100k
Category:
Retail / Distribution
Website :
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Location :
85017,
Arizona,
USA
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Description:
We are a busy but small auto dealership looking for an outside investor to purchase vehicle inventory. We are looking for an investor to pay for inventory we purchase at the auto auctions and hold the titles for collateral. Our company sells 50 vehicles per month and we have the ability to increase our sales by $150,000 per month with the right additional inventory. We are seeking a private outside inventor with $100,000 for vehicle inventory.
We can offer $200 per vehicle with our average sales of 10-15 per week (ROI $1,000 - $2,500 per week) it could be very profitable partnership.
Investor would hold the titles as collateral. You (or an associate) must be willing to meet 3 times per week to transfer titles and payments (very important). We have created a way with very limited risk and a rate of return of $1,000 - $2,500 per week. Our business is thriving in this sub-prime market but we are limiting our growth because of lack of inventory. Typical vehicles cost is $3,300 which are generally 1997-2000 with less than 100,000 miles.
This would be ideal for someone in the greater Phoenix area that might be retired but still looking to stay active.
At no time will any funds be issued to our business. This is for inventory only. The investor would pay for the vehicles that we purchase at the auction, hold the titles for collateral, and exchange title for payment once sold
Our company will pay $200 per vehicle once it has sold. We typically sell 10 or more vehicles per week. The ROI could be $1,000 to $2000 per week. This business requires having the right inventory and we simply don’t have it.
Serious inquiries only. I can go into further detail if interested.
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