Car-Mart opens 119th dealership

by The City Wire staff ([email protected]) 102 views 

America's Car-Mart Inc., focused on an aggressive growth plan, announced the opening of its 119th dealership this week in Woodstock, Ga.

"Woodstock is our first location in Georgia, a state that we are very excited about as we look to the future. Our expansion department continues to raise the bar and the success we are having with our new dealership openings is certainly proof of that," said CEO Hank Henderson.

He said the “Woodstock” store makes the company’s fifth new dealership this fiscal year and the company has  five new locations secured which will keep them on track for 10 for the full fiscal year.

Bentonville-based Car-Mart has grown its customer base to more than 56,000 active accounts and expects to continue expanding it’s reach adding dealerships at 10% annual rate this year and beyond, according to Jeff Williams, chief financial officer.