Exotic Car Spot the Venture: the Name of My Business Is “Exotic Car Spot” and We Are a Supercar Dealership Bringing You the World’S Fastest and Most Luxurious Cars

Exotic Car Spot The Venture: The name of my business is “Exotic Car Spot” and we are a supercar dealership bringing you the world’s fastest and most luxurious cars. I named my business this because exotic means exciting and fun in my mind which is all my company offers. My business is special because we will have your most common supercar like a Ferrari to European brands such as Pagani. Brands such as Rolls Royce will also be sold at my dealership, but mainly supercars are what we will offer. We will have 1 location based out of LA. LA was our preferred location because there it is warm year-round, there are nice roads to drive on, there is lots of money, and status is a big thing so people will want our high-end cars. Since we were having a very hard time finding a building in LA for our dealership, I will make up a building with an approximate price, square footage, and cost for lease-hold improvements. The lease and lease hold improvements will be listed on the income sheet. I am going to renovate my 6000 square foot building in LA, or to be more specific, Beverly Hills. The Product or Service: My business will sell supercars (very expensive vehicles that reach very high speeds) and other luxury vehicles such as Rolls Royce. Our dealership offers special car brands such as Koenigsegg and Pagani which aren’t usually found in LA, we import them specially to cater to our customers needs. Also, we are willing to ship to any location in North America for a fee based on how far we have to deliver it. Lastly, we will do anything and everything to get you the car you desire. Our commitment to our customers also sets us apart because we give our customers a very personalized experience. To attract customers and make our business that much better, we will offer free mobile detailing for the first year of owning the car. While selling cars isn’t new we offer a large variety of cars all in one spot. Obviously we will need to make money on the cars we sell - so we will mark the cars prices up at the dealership. I decided these prices based on prices we could get straight from the factory. We have a special arrangement with the luxury brands to buy the cars for cheaper than we will sell them for. To get our brand out there we will buy billboard space in richer and more luxurious parts of the city so people who may be able to afford our cars will see it. Also we will showcase our business at tradeshows and car shows etc. such as Barret Jackson. Celebrity exposure with the cars will be another key way in advertising our product. We will work with television and movie studios to get our business

1 promoted through film. Finally, we will use social media as a strategy to help get our dealership out there. Social media is growing and is the best way to reach our targeted customer base. We will be active on Facebook and Instagram in our first year. Our website will be a main way to showcase our proudcts. My dealership will sell outside of our city of which it is located by delivering with a fee based on travel distance.

Marketing and Prices: People who live the luxurious life, enjoy thrills, and have a solid amount of money will be our customers! I say this because all vehicles in my dealership are very expensive to the average person. All of our vehicles will run you over $100 000 but can be in the millions depending on which car your buying. Such high prices will attract rich people to our business and that is another reason we are based out of LA. Pagani, Aston Martin, Maserati, Lamborghini, Koenigsegg, Porsche, Alfa Romeo, Jaguar, Audi, BMW, Lexus, and Rolls Royce are many of the car brands we will offer customers. Not always will we have these cars in stock, because if one is sold we will need to order a new one which depending on the car, could take a while. Our retail price is 14% more than our factory price we buy the vehicle for. VEHICLE MAKE AND MODEL RETAIL PRICE Pagani Zonda F Roadster $1 400 000 Porsche 918 Spyder $ 845 000 Koenigsegg One:1 $1 500 000 Alfa Romeo 8c $ 299 000 Aston Martin One-77 $1 415 000 Jaguar C-X75 $1 480 000 BMW i8 $ 149 900 Rolls Royce Phantom $ 460 000 Lamborghini Veneno Roadster $4 500 000 Lexus LFA $ 375 000 Maserati Alfieri $ 100 000 Ford GT $ 450 000 McLaren P1 $3 060 000 Ferrari Sergio $5 100 000 Audi R8 $ 184 000 Dodge Viper ACR $ 119 000

Contact Information: Our Facebook Page: @xoticcarspot (name not available) Our Instagram Page: @exoticcarspot Our Website: https://exoticcarspot.weebly.com/

Workers: I own 100% of my business because I am an independent worker. I am much better at running and owning things by myself than working with others. Depending on how hard working the salesman is I could give them a small portion of the equity. 1 salesman, 3 part time security guards, 1 receptionist and the owner/manager (myself) are the only employees we will have to start. Salesman (sometimes on $20.00 p/h + commission 40 Hour work week/Flexible hours may be required to vacation meaning either (Budget $40 000 salary work more x 50 the owner/manager plus commission of 3% per would fill in or the vehicle sold) 3 Part Time Security $15.00 p/h 40 Hour work week X 52 Guards (Budget $31 200 per year) Receptionist (sometimes $15.00 p/h 40 Hour work week x 50 weeks plus hire a on vacation meaning one (Budget $40 000 salary per temporary worker for 2 would worker would fill in year plus $1,200 for weeks for the time being) temporary worker) Mobile Detailing $15.00 p/h + tips 30 Hour work week Specialist (Budget $23,400) Owner/Manager $35.00 p/h + dividends 40 Hour work week/Flexible hours and will much more

to get business going X 50 Budget $70 000 per year + weeks dividends)

Employees at my business will need the following educational tools and requirements: Salesman • Very good communication skills and persuasions skills • A very outgoing and exciting personality • Has to have flexible work hours • Always looking/acting professional • Needs to be willing to learn and succeed • Education in sales and marketing Security Guard • Needs to have a clean track record (no crimes or other unlawful activity) • Flexible work hours (will work weekends, overnights, and evenings) • Being physically strong and fast on your feet is an asset • Must know first aid Office Worker • Needs to be well organized • Has to have a very pleasing and happy personality • Very good communication and organization skills are required • Having experience in the job is an asset • Comfortable and knowledgeable of computers programs • Good with accounting other number related jobs Mobile Detailing Specialist • Have experience in vehicle detailing • Needs to be trusted and a high level of confidentiality • A desire to make the car look great • A valid driver’s license Owner/Manager • Needs to have excellent organizational skills • Have flexible hours and always willing to do business • Has to have a passion and be driven

Day-to-Day: Our hours of operation can change based on vacations, peak sale times, and other possible reasons. Straight from the manufacturer is where we will buy the cars to sell at our dealership. We won’t need many supplies for my business but cars are obviously our main part of supplies we will need. Also we will need cleaning supplies and a vehicle for our mobile detailing unit. Our cars will mainly be sold at our dealership in LA but high-end tradeshows and personalized experiences with the customers are a couple more ways we will sell our cars. Monday Tuesday Wednesday Thursday Friday Saturday Sunday 12 p.m. - 12 p.m. – 12 p.m. – 7 12 p.m. – 12 p.m. – Closed Closed 7 p.m. 7 p.m. p.m. 7 p.m. 7 p.m.

We are closed weekends like the chart says above but like we said, our business is very personalized so we will cater to our customer’s needs if that’s when they are available. Money Plans: To startup our business we will need $64 884 095 dollars. We got this price by adding all of our cars, mobile detailing unit, and necessary improvements to the dealership. For our dealership we will be getting a 5 year lease on the building. To pay for all the cars a private investor is going to help fund us. All other expenses will be taken care of with a bank loan and personal savings.

Our sales goal for the year is: Car Make/Brand Sales Goal For The Year (more detail on the income sheet) Porsche 918 Spyder $5 070 012 Lamborghini Veneno Roadster $9 000 000 McLaren P1 $9 180 000 Ford GT $4 050 000 Aston Martin One-77 $5 660 000

Jaguar C-X75 $5 920 000 Koenigsegg One: 1 $4 500 000 Lexus LFA $3 750 000 BMW i8 $1 800 000 Audi R8 $2 024 000 Maserati Alfieri $1 200 000 Dodge Viper ACR $1 309 000 Rolls Royce Phantom $3 680 000 Pagani Zonda F Roadster $4 200 000 Alfa Romeo 8c $1 200 000 Ferrari Sergio $5 100 000

Our sales goal for the year is $65 000 000.

Reasoning: I chose this business because I love the anatomy of cars and how they work. Also I enjoy seeing top speeds, interiors, and innovative and creative body designs and looks! In the future I probably would consider starting a business like this except for the fact that I don’t have millions of dollars to start it.

Income Sheet:

Amount of money made from each car and total below: Sales Car Amount of Retail Price Amount of Total Sales Make/Brand Each Car Per Car Each Car Amount for to be Sold Sold X Each Car in a Year Retail Price Per Year #1 Sales for Porsche 918 6 $845 000 6 X $845 $5 070 012 Product or Spyder 000 = $ Service #2 Sales for Lamborghini 2 $4 500 000 2 X $4 500 $9 000 000 Product or Veneno 000 Service Roadster #3 Sales for McLaren P1 3 $3 060 000 3 X $3 060 $9 180 000 Product or 000 Service #4 Sales for Ford GT 9 $450 000 9 X $450 $4 050 000 Product or 000 Service #5 Sales for Aston Martin 4 $1 415 000 4 X $1 415 $5 660 000 Product or One-77 000 Service #6 Sales for Jaguar C- 4 $1 480 000 4 X $1 480 $5 920 000 Product or X75 000 Service #7 Sales for Koenigsegg 3 $1 500 000 3 X $1 500 $4 500 000 Product or 1: One 000 Service #8 Sales for Lexus LFA 10 $375 000 10 X $375 $3 750 000 Product or 000 Service #9 Sales for BMW i8 12 $150 000 12 X $150 $1 800 000 Product or 000 Service

#10 Sales Audi R8 11 $184 000 11 X $184 $2 024 000 for Product 000 or Service #11 Sales Maserati 12 $100 000 12 X $100 $1 200 000 for Product Alfieri 000 or Service #12 Sales Dodge Viper 11 $119 000 11 X $119 $1 309 000 for Product ACR 000 or Service #13 Sales Rolls Royce 8 $460 000 8 X $460 $3 680 000 for Product Phantom 000 or Service #14 Sales Pagani 3 $1 400 000 3 X $1 400 $4 200 000 for Product Zonda F 000 or Service Roadster #15 Sales Alfa Romeo 12 $100 000 12 X $100 $1 200 000 for Product 8c 000 or Service

#16 Sales for Ferrari Sergio 1 $5 100 000 1 X 5 100 $5 100 000 Product or 000 Service

Our grand total for the entire sales is : $67 643 012

Expenses for the Cars: Cost of Car Amount of Factory Amount of Total of Sales Make/Brand Each Car price Per Each Car Each Car to be Sold Car Sold X Bought in a Year Factory from the 14% mark Price Factory up #1 Porsche 918 6 $741 228 6 X $741 $4 447 368 Spyder 228 =

#2 Lamborghini 2 $3 947 368 2 X $3 947 $7 894 736 Veneno 368 = Roadster #3 McLaren P1 3 $2 684 210 3 X $2 684 $5 368 420 210 = #4 Ford GT 9 $394 736 9 X $394 $3 552 624 736 = #5 Aston Martin 4 $1 241 228 4 X $1 241 $4 964 912 One-77 228 = #6 Jaguar C- 4 $1 298 245 4 X $1 298 $5 192 980 X75 245 = #7 Koenigsegg 3 $1 315 789 3 X $1 315 $3 947 367 1: One 789 = #8 Lexus LFA 10 $328 947 10 X $328 $3 289 470 947 = #9 BMW i8 12 $131 578 12 X $131 $1 578 936 578 = #10 Audi R8 11 $161 403 11 X $161 $1 775 433 403 = #11 Maserti 12 $87 719 12 X $87 $1 052 628 Alfieri 719 = #12 Dodge Viper 11 $104 385 11 X $104 $1 148 235 ACR 385 = #13 Rolls Royce 8 $403 508 8 X $403 $3 228 064 Phantom 508 = #14 Pagani 3 1 228 070 3 X $1 228 $3 684 210 Zonda F 070 = Roadster #15 Alfa Romeo 12 $87 719 12 X $87 $1 052 628 8c 719 = #16 Ferrari 1 $4 473 684 1 X 4 473 $4 473 684 Sergio 684 =

Our grand total for vehicle expenses is:$56 651 695

General Expenses: Marketing and Sponsorship $ 100 000 Insurance $ 100 000 Loan Payment $5 000 000 (x 12 years) Accounting and Legal $ 10 000 Office Supplies $ 25 000

Mobile Detailing Unit $ 75 000 Leasehold Improvements $ 750 000 Taxes $1 750 000 Salaries and wages $ 182 400 Commission $ 165 000 Utilities, phones, etc $ 25 000 Contingency $ 50 000 TOTAL EXPENSES: $8 232 400 PROFIT: $2 758 917