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- RE: High-Volume OC Commercial DMV Registration Service
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $431,471 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $76,659 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 3 | |
| BBN Listing #: | 1005778 | |
| Broker Reference #: | 1465 DMV |
Business Overview:
Established in 1996 to bridge the gap between independent automotive dealers and DMV services, this business initially tailored services for dealers who lacked staff to manage complex DMV paperwork and for transplants moving from out of state. Operations settled into its current location in 2011 and has been a local fixture, becoming well known in local classic car circles for frequent attendance at shows and gatherings.
Today, the company processes a wide range of transactions for thousands of clients, including banks, leasing companies, fleets, and private parties. Services include title transfers, registration renewals, VIN confirmations, and out-of-state registrations.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Contact the Seller:
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Property Features and Assets:
The offices are located at a busy intersection. The rent is $3,150.00 per month for the 1,800-square-foot space. The landlord will likely cooperate with a well-qualified buyer.
Market Competition and Expansion:
Competition: There are two AAA offices within 10 miles of the business. Theyrequire customers to have paid memberships. They focus on individuals, not commercial customers (not dealerships with volume).Complicated transactions cannot be completed there.
Few others have the established reputations and relationships within the automotive industry.
Growth & Expansion: To increase profits, the Seller recommends that a buyer expand to a second location, make a concerted effort to advertise and market the business, grow its social media presence, and offer additional services such as insurance or a driving school.
Marketing to large automotive businesses and out-of-state dealerships through targeted promotions and modern customer follow-up technology could also be highly productive.
Reason for Selling:
The Seller is moving overseas to be with her European spouse. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
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