Tag Archives: used

Businnes Plan

Used Auto Sales Business Plan


Used Auto Sales Business Plan


Auto Sales & Parts

Problem

Integrity Auto Sales is committed to selling high-quality used cars at a fair price in Lane County. Owner and sales manager together have more than 30 years combined experience in both new and used car sales. To bring you the best savings, we will keep building our relationship with local dealers.

Solution

We will create a shopping environment that suits the customer’s needs. We are selling a professional service and an experience in car buying that will bring customers back again, as well as referring friends and family. We are confident that our gross margin will be higher than the industry standard. The excellent team we have assembled, as well as the determination and drive of our owners, will ensure that we are successful.

Market

Almost everyone needs a car to get from point A to B. Many families own two or more cars. Due to the recent success of the new car market, there is a large inventory of used cars available for re-sale. The October increase in new car sales was 24%, the biggest single month gain.

Competition

Used car dealers are notorious for unethical sales practices. As a result, customers are naturally cautious and distrusting. Our success will depend on our ability to provide a high-quality experience for customers. Our salesmen will ensure that the buyer has a positive experience. We will provide customer satisfaction by providing follow-up. These customers will be an excellent source of information for potential car buyers. The company will have a great working relationship with its suppliers and customers.

Why Us?

Integrity Auto Sales provides a unique car buying experience to the customers in the Willamette Valley. A customer-focused approach that places emphasis on customer satisfaction. We understand that vehicle purchasing is a necessary, but sometimes unpleasant experience. Our goal is provide a pleasant, honest service to customers by meeting their transportation needs with quality products.

We believe it’s important for vehicles to be high quality and affordable. Therefore, we will provide a 30-day limited warranty on each vehicle. Our company will be able to generate sales, which will help us make a profit. It will provide job satisfaction, fair compensation, and fair returns to its owners. Performance and hard work are rewarded with bonuses and other commissions. For both employees and owners, job satisfaction is vital. We will create a work atmosphere that is rewarding and enjoyable for all.

Expectations

Forecast

  1. The growth rate will be moderate to high, and cash flows will remain steady. However, there will be a few months of loss at the beginning.
  2. Marketing will remain below 10% of sales.
  3. The company will invest 10% in financial markets and approximately 50% in company growth for the first one year.

Financial Highlights by Year

You will need financing

To get started, we need $130,000 in funding. This includes a $100,000 loan. Jonathan will invest $20,000, while Don will invest $10,000


Businnes Plan

Used Book Store Business Plan


Used Book Store Business Plan


Introduction

Flyleaf Books is an innovative used bookstore located in Cleveland, Ohio. Management at Flyleaf Books has set out to increase local market share in used bookstores by offering low prices and a broad selection of products. They also offer a range of services such as buyback/trade programs and hard to find book searches.

Company

Flyleaf will become a limited liability company in Ohio. Mr. James Vinck (a former head librarian at the Philadelphia City Library) and his wife Aracela will jointly own the company.

Mr. Vinck is establishing this firm as a growth-oriented endeavor in order to supplement his retirement, continue meeting people with similar interests, and to leave a viable business to his children. Flyleaf Books will open its first store in Brecksville, an outer suburb of Cleveland. This area is well know for its upscale residents and high-quality establishments. Our warehouse is an ex-furniture store measuring approximately 8,000 square feet. This allows us to stock a lot of inventory.

Products/Services

Flyleaf Books can offer a wide range book, magazine and music selections. This includes just about every conceivable category including fiction, non-fiction, business, science, children’s, hobbies, collecting, and other types of books. Our music selection will concentrate on CD’s as these are the most popular and take up the least amount of floor space. In addition, we will be offering a competitive buy and trade service to assist in lowering our inventory acquisition costs and making our store more attractive to our customers. We also offer a search-and-order service to customers who need to locate hard-to find items. Flyleaf Books’ reading area will be relaxed and will include couches, chairs, and others.

Market

Over the last two years, our market has seen a drop in growth. This is attributed to the overall weak economy. While the overall U.S. retail market grew 4.3%, book store sales rose just 3.6% in last year. Management believes this is a benefit for the used bookstore sector. The used bookstores that are still open for business will become more attractive to customers looking to buy books. Therefore, management believes this may be a good time to get into the industry and gain market share.

The whole bookstore industry is experiencing significant consolidation. The market was previously dominated by small, local stores and regional chains. The emergence of Barnes & Noble’s &#8220: Superstore has helped the largest players gain market share and driven out many independent bookellers.

There is still a place for independent booksellers to create a market position in the used books section. The ‘#8220/superstore’ concept is more difficult to replicate than in a market with low profit margins. This segment tends not to attract big businesses. The local independent booksellers in the used market tend to be more successful than the national chains, as long as they are able to acquire sufficient space to hold an attractive inventory and compete against the national chains.

Financial Considerations

The start-up costs for the store are $178,000 and include one-time fees. These expenses are funded by private investors as well as SBA loans. We expect to operate at a loss the first few months of advertising before we can attract customers. Flyleaf Books will be receiving periodic influxes of cash to cover operating expenses during the first two years as it strives toward sustainable profitability. Funding has been arranged through lending institutions and private investors already. We do not anticipate any cashflow problems in the next 3 years.

1.1 Objectives

These are Flyleaf Books’ goals for the coming three years.

  • Gain profitability by July 2.
  • You can earn approximately $200,000 per year in sales
  • While earning a profit, owners can get a fair salary.

1.2 Keys to Success

Flyleaf Books should keep these points in mind in order to survive, and expand.

  • We must achieve high visibility via media, billboards, or other advertising.

  • To be THE low-cost leader for used books, we must have rigid cost control procedures and incentive programs.
  • We must have the ability to maintain a large inventory and provide excellent customer service in order to attract customers.

    • 1.3 Mission

    Flyleaf Book’s mission is to provide used quality literature of all types at the lowest possible prices in the Cleveland, OH area. Flyleaf Book also strives to create an environment that encourages browsing, relaxation, as well as a place where clients can spend extended time. Flyleaf’s attraction to its customers will be our large selection of books, magazines, used CD’s and our purchasing/buyback option, which lower our book acquisition costs and allows our customers to discard unwanted books/CD’s in exchange for cash.

    Businnes Plan

    Used Sports Equipment Store Business Plan


    Used Sports Equipment Store Business Plan


    Nine Lives – An Outdoor Clothing & Gear Consignment Store in Eugene, Oregon is a brand new business. Jim Gearboy is a veteran in the outdoor industry and will run Nine Lives. Jim is also very familiar with Eugene’s outdoor community. He has used his knowledge to create a niche store with no direct competition.

    Nine Lives will take advantage of this amazing opportunity by offering a wide range of used goods that are not available elsewhere, excellent customer service and affordable prices. Jim Gearboy has located the store in a prime location with high foot traffic and easy access. Jim will make sure that the store is set up efficiently in order to increase sales. He will also give his customers the greatest attention. Jim’s passion for outdoor recreation and keen eye for detail will allow the store to quickly reach profitability.

    Nine Lives’ projected growth rate is steady with profitability at month six and revenue at $45,000 by year three.

    1.1 Mission

    Nine Lives’#8217’s mission is provide high-quality outdoor clothing and gear for a reasonable price to customers. We exist to attract and maintain customers. If we follow this maxim, all else will follow. Our services will exceed the expectations of our customers.

    1.2 Objectives

    The following objectives will be met in the first three years after operation begins:

    • To create a retail outlet whose primary goal it to exceed customer’s expectations.

    • To increase the number of clients served by at least 20% per year through superior performance and selection.

    • To decrease dependence on nonrenewable resources through the use of reused goods.

    • To earn annual revenues of more than $50,000