Columbus Fair Auto Auction · Columbus, OH United States
Company Description
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Blink at Columbus Fair Auto Auction (CFAA), and you may miss a good deal. The company sells more than 190,000 vehicles annually through weekly auctions at its 85-acre facility in Obetz, Ohio. The site has 11 lanes with the capacity to run 4,000 vehicles at each auction. The company's auctions are frequented by more than 1,000 auto dealers from 20 states. CFAA also provides high-volume factory sales for such manufacturers as General Motors , Daimler AG , Kia , and Suzuki . Prospective buyers can also browse the company's Web site for an updated list of available automobiles. The auction is owned by president Alexis Jacobs. Her father, the late William Jacobs, founded the company in 1959. To read the full description, subscribe now.
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Key Columbus Fair Auto Auction Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $19.1 |
| Employees | 620 |
Columbus Fair Auto Auction Executives
3 executives listed for Columbus Fair Auto Auction's Columbus, OH location.
| Title | Name & Bio | Contact |
| CEO and General Counsel | Keith Whann | Network |
| President | Alexis Jacobs | Network |
| COO | Denny Heller | Network |
Competition
Competitive Landscape for Columbus Fair Auto Auction
Consumer spending and interest rates drive demand. The profitability of individual companies depends on the volume and mix of cars and services sold. Large companies can offer a wider selection of cars and have advantages in marketing, purchasing, and finance. Small companies can compete effectively by offering superior customer service or serving a local market. Annual revenue per worker averages $600,000 for new car dealerships and $700,000 for used. For vehicle sales, auto dealers compete with private market sellers, who are increasingly using the Internet to bypass traditional retail channels. Companies compete with various retail outlets, such as oil change centers, tire stores, and independent service shops and chains, for service revenue. To read the full description, subscribe now.Top Columbus Fair Auto Auction Competitors
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