Michael Bor - Co-founder and CEO of CarLotz

  • 28 Nov 2017
  • 7:30 AM - 8:45 AM
  • To Be Announced

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  • General registration is available to encorepreneurs who are interested in being an active part of our community. If you would like to attend, just continue with registration. If you can't make it for this event, just click on the link above to join our mailing list.
  • Our Supporting Encorepreneurs have 2 reserved spots for each meeting. They can register themselves and 1 guest at any time up until 4pm the day before the event.

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MICHAEL BOR

CEO of CarLOTZ

Michael Bor, the CEO of Carlotz, will be our speaker at the November Encorepreneur! breakfast.  Carlotz recently closed on $30 million in equity capital to fund continued expansion of the 6-year-old used vehicle consignment business. Bor will speak on where the “ride” that he and co-founders Aaron Montgomery and Will Boland began in 2011 has taken them, and where it is going as it seems to be speeding up.

CarLotz takes vehicles on consignment and, for a flat fee, prepares the vehicle for resale and negotiates a deal on the seller’s behalf. The seller can net significantly more from a Carlotz sale then they would from CarMax or a trade in. The buyer pays less than he would at a traditional dealer.

Bor founded the company with initial funding from friends, family and angel investors including former supermarket retailer banker, and encorepreneur, Jim Ukrop.  It currently operates 2 stores in Richmond and others in Chesapeake, Charlotte and Greensboro. They are actively seeking new retail locations in Florida, Texas, California, the Midwest, New England and elsewhere in the Mid-Atlantic. 

OUR HOST

To Be Announced


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