How this £21 million Car Dealer Plans to Sell
James Sinclair's Business Broadcast
00:00
Leo's Diversified Automotive Business and the Impact of COVID-19
The chapter delves into Leo's journey from a mechanic to a multi-service car dealership business owner, discussing the challenges of managing cash flow amidst rapid revenue growth and high operating costs. They explore the evolution of the business to include van rental, sales, and coach building, along with strategies for maximizing profit through vehicle flipping and rental revenue. The conversation also touches on the impact of COVID-19 on the business model, highlighting the importance of flexibility and adaptation in the automotive industry.
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