BENTONVILLE, Ark. — Continuing its expansion, America's Car-Mart broadened its buy-here, pay-here dealership footprint in Alabama.

The newest rooftop is located in Albertville, Ala., raising Car-Mart's total in the state to nine.

Car-Mart now has 108 dealerships spread through Alabama, Arkansas, Indiana, Kentucky, Missouri, Oklahoma, Tennessee and Texas.

"Car-Mart has tremendous growth opportunities especially in states like Alabama. Albertville is our ninth location in Alabama, a state that has potential much like our home state of Arkansas, where we have 37 dealerships," explained William "Hank" Henderson, president and chief executive officer of Car-Mart.

"We look forward to opening many more dealerships in Alabama in the future," Henderson continued. "We are dedicated to offering the best value for people looking for good, basic affordable transportation and the financing to go with it. Our newest dealerships are performing well, and we continue to be excited about our future."

Henderson added the Albertville dealership will be managed by Brad Martin, "who is very excited to lead our efforts at this great new Car-Mart location."

Elaborating more on the company's future, chief financial officer Jeff Williams reiterated Car-Mart anticipates opening new lots at an approximate 10-percent annual rate.

"Our solid financial results, strong balance sheet and competitive strengths will continue to allow us to provide the best possible service to our over 51,000 active customers and to future customers we will gain as we grow," Williams said.