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Re: Bobwins post# 201

Friday, 01/21/2005 3:11:08 PM

Friday, January 21, 2005 3:11:08 PM

Post# of 10723
They said in the interview last year that they wanted to be at 10 dealerships by the end of 2006 (from the two they had at the time). That means at least four this year and four next year. They already have two this year so I would think if they can get the capital they wil even push for more dealeships. I hope they can control their growth and make sure the profits hit the bottom line. That is where the pay off is for us.

Remember when they broke down the profit, it was something like 70% from selling cars, 20% from financing and 10% from Navcom. Selling cars is where the money is.

Have fun!

JFF7

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