The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

I am looking to open a car lot Roanoke, Va. Need Floor plan, business line of credit or loan for start up. 750

I have 17 years experience in the business. Very successful salesperson/manager. I am looking to start up my own lot. I have located an excellent location. I previously tried to purchase an existing lot, but could not get complete financing. The lot sold before I could get an approval. I have now located an excellent location that has never been a car lot. It was previously a garage. Location has around 15,000 vehicle per day traffic. I have an excellent credit score, 750+. I am seeking either a floor plan company, business loan, or business line of credit, to open the new business. This will be a start-up business. I have a good understanding of profits and losses, inventory management, and a long sales and managerial history. I have my LLC and business domain name registered. Will procure inventory from auctions, buying local vehicles and dealer wholesale vehicles. Serious replies only please. Advice and offers are welcome.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo
Roanoke County, VA

This would be a leased property. Looking for around $100,000 for inventory. Credit line or business loan.

Jan 26, 2015
No User Photo
Cook County, IL

How much money do you need for your car lot? Does this amount include the purchase of the land? Contact me at for more information.

Jan 25, 2015

Start a Discussion