ECFL FOR LIFE!
This stock has great potential for many reasons. Here are just some of my personal thoughts on why I like their business concept:
1. Many different revenue streams. (online sales, commission income from licencing software to other dealers)
2. They are expanding into any and all big ticket items sold one-line... boats, cars, forklifts, skiboats, fishing boats,.....ect....ect...
3. Complete Auto's website is extremely well done and very easy to use/understand
4. It seems like it will be easy to quickly add store locations becuase the cost to add locations appears to be very low. (not alot of capital cost involved in opening up a complete auto location)
5. As I said above, expansion will occur not just from indiviudal locations front but from all different types of revenue sources such as licencing, JV arrangements with other auto dealers, and their BIGGEST source their business relationship with EBAY.
I am keeping a close eye on this one guys! Excited for Monday and the future of ECFL.... soon to be completeauto.