Dealer Trade Direct

Location,City : Jefferson / Hoover

Max Target : $ 50,000

Equity on offer : 20 %

Min Target : $ 30,000

Equity on offer : 10 %

Industry :
Business Services

Investment Round :
Early stage

Stage :
Proof of concept

Website : Visit

Posted By : James Adams Connect

Summary

I have been a car salesman for 12 years, I recently noticed a flaw in our dealer trade system being that when a customer wants a specific car we don't have we transfer it in from another dealer, in order to get it here we call a driver that leaves our dealership in a vehicle we're trading to a dealership for the vehicle we need and then that driver returns with the vehicle our customer desires.Sometimes this process takes multiple days to complete, I have developed an app and website that that automatically locates a driver near our desired vehicle to reduce the delivery time by atleast 50%. The app also provides 3rd party insurance verification and background checks as well as the ability to track the driver in route. I am seeking funding for marketing and app optimization with a projected launch date of 60 days after receiving funding. The average dealership places 22 dealer trades every month and our average fee per transfer is $20, there is about 20,000 retail dealerships in the u.s. and everyone of them is our target consumer. This is a very limited opportunity with minimal overhead and investing beyond $50,000 will not be allowed.

Pitch Video

The Business

What I am offering is a quick way to capitalize on your investment in a much larger and quicker way than any stock out there. After years of research my business is ready to launch and only lacks funding, I have filed articles of incorporation invested $10,000 of my own money in developing the app, have a patent pending and now am ready to launch. I have kept this out of the hands of other dealers and employees at my dealership and with funding can be operational within 2-3 months of funding. The numbers on even start up are great, there are 20,000 dealers nation wide, if only 250 of those are using this service, averaging 22/month at $20/each the total monthly revenue would be around $110,000 of which your 20% would be $22,000/month. If 3000 use it (which is the first year goal) the monthly revenue is $1,320,000 of which you would receive $264,000/month. The numbers on this are great but I need your help to make it happen. I look forward to our future together!

The Market

There is no competition and nothing remotely operating like this for automotive dealers.

Objective/Future (Use of funds)

Marketing and a full optimization on the app being created to fully reach the desired use of the dealership.

Marketing

The Team

James Adams - Owner

Exit Strategy

No plan to leave for a while}

Make an offer

Reviews, Comments and Questions

Investing in start-ups involves risks, including illiquidity, lack of dividends, loss of capital and it should be done as part of a diversified portfolio. Gunnga is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own financial decisions.  
We do not give legal advice. Please consult your local laws and a financial adviser before finalising any deal. Do not exchange money until you have completed your own due diligence. We cannot be responsible for your actions outside this site.