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Here's how this entrepreneur built his $3 million business buying cars at auctions - TL;DR CNBC

Here's how this entrepreneur built his $3 million business buying cars at auctions

Publishing timestamp: 2023-02-17 09:04:36


Summary

Craig Stowell owns Flying Wheels, a car dealership in Danville, New Hampshire valued at $3 million. He buys cars at auctions around the country and has reached nearly $1.3 million in sales last year. He has built his business by learning from his mistakes and sharing his experiences on social media.


Sentiment: POSITIVE

Tickers: CARSAUTO-GBLNCCVNA

Keywords: automobile showsauto insuranceentrepreneursentrepreneurpersonal financecars.com incbusiness ownerautomobile manufacturingauto loansantique shoppingexchange-traded fundsbusiness newslincoln national corponline auctionsautomobile safetyonline auctioningdetroit auto showmillennialsretirement planningarts and collectibles auctionsauto trader group plcentrepreneurshipinvestment strategyarts and antiques dealingauto racing eventsgeneration yu.s. small business administrationautossmall businesspersonal savingownership changescarvana colos angeles auto showarts and antiques auction housesfinancial planninginvestors

Source: https://www.cnbc.com/2023/02/17/this-entrepreneur-built-a-3-million-business-buying-cars-at-auctions.html


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