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Paula C. Squires// January 29, 2018//
CarLotz, a Richmond-based used vehicle consignment business, is opening its sixth retail store in a new venue.
On Monday, the company opened its first store in Florida in Tampa.
“We’re excited to expand the CarLotz footprint and bring our unique retail experience to the Tampa Bay area,” Michael Bor, CarLotz CEO, said in a statement. “We’re looking all over the country to expand our business, and while we plan to open stores in many new states, Florida and, in particular Tampa, felt like the right fit for our first step into larger markets.”
Since it began in 2011, CarLotz has opened five locations in Virginia and North Carolina. The company said it has seen increasing demand for its vehicle consignment business in the Florida area in recent years. “We are thrilled to bring our consignment model to Tampa … and become a member of the community,” Bor said.
At 10,000 square feet, the Tampa store will have room for nearly 300 consigned vehicles. CarLotz plans to initially hire 15 to 20 full-time people to work in sales, administration, and reconditioning.
