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Peter Papagianakis

Mr. Papagianakis has been as a corporate attorney for a national and Manhattan-based law firm and as senior counsel for a NYSE-listed company where he was responsible for SEC reporting and corporate and capital market transactions. His experience includes the representation and counseling of public companies, as well as small and newly formed traditional and technology companies from inception to IPO and beyond.

In addition to practicing law, Mr. Papagianakis has taught the following courses for various graduate and undergraduate university programs in New York: (i) Business Law, (ii) Law of Business Organizations, (iii) Negotiation Skills, (iv) Microeconomics, (v) Macroeconomics, (vi) Investing in Mutual Funds, and (vii) Investing in Stocks and Bonds.

Before law school, Mr. Papagianakis worked for two years as an Assistant Bank Examiner with the Miami Branch of the Federal Reserve Bank of Atlanta and for one year as an Assistant Economist with the Federal Reserve Bank of New York. In addition he passed the Level I examination of the Chartered Financial Analysit program.

Mr. Papagianakis received his JD from Florida State University College of Law and his BS from Carnegie Mellon University.

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Online Automobile Sales

New York : Automotive dealers

This highly profitable business is an online auto remarketing company. They utilizes a proprietary distribution system, developed over the last five years, to significantly improve the operational margins of this business type while providing a platform for regional and national expansion. The company purchases late model off lease vehicles from wholesale auction houses, internet based closed auctions, trade-ins, and other sources, and then remarkets these vehicles through its web site distribution system to consumers. Autos are inspected, repaired if necessary, and detailed to restore an almost new appearance. All cars are sold with a sixty day limited warranty. Customers have the option of financing their purchase through the company, and buying an extended warranty.

Asking Price:

$1,100,000

Gross Income:

$6,000,000

(last 12 months)

Cash Flow:

$400,000

(last 12 months)

Inventory Value:

$175,000

Year Established:	1988	Business is Closed:	No
Seller Financing Available:	No	Owner Operated:	No
FF&E included:	Yes	Home-based:	No
FF&E Value:		Training provided	Yes
Real Estate is included:	No	Easily Relocated:	No
Value of Real Estate:	$0	Number of Employees:	6
Real Estate Square Footage:

Facilities: The company has a 1,000 square foot office and an adjacent 10,000 square foot lot in an industrial area. The company is investigating relocation to a space better suited to accommodate anticipated growth.