Auto Accessories Shop Seeking Loan in Muscat, Oman
Distributor and wholesale supplier for car care and automotive products for 2 international brands.
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 310 thousand |
| Run Rate Sales | USD 310 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Automobile Parts Wholesale + 1 more |
| Locations | Muscat |
| Local Time | 2:34 PM Asia / Muscat |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
260 thousand
for
12.0%
annual interest,
5
years
(Native Currency: OMR 100,000)
Reason: We are seeking funds for working capital.
Collateral Available: USD 0
Includes physical assets worth
USD
130 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Distributor and wholesale supplier for car care and automotive products.
- We are the authorized supplier for 2 brands from Poland (K2 Car Care) and the USA (Liqui Moly).
- Maintain inventory worth OMR 15,000 at any given time.
- Have 15-20 wholesale clients from Oman, UAE, and India. These are clients who further sell the products to retailers and end customers in their region.
- We have a retail cum warehouse setup and have 150-200 local clients who directly purchase from the shop.
- Revenue split: 75% of our revenue is from wholesale clients and 25% of our total sales are from the retail shop.
- Revenue model: Get products from the brand at a discounted price and sell them to clients at wholesale price (15-20% margin).
- Promoter has over 27 years of industry experience.
- We are the authorized supplier for 2 brands from Poland (K2 Car Care) and the USA (Liqui Moly).
- Maintain inventory worth OMR 15,000 at any given time.
- Have 15-20 wholesale clients from Oman, UAE, and India. These are clients who further sell the products to retailers and end customers in their region.
- We have a retail cum warehouse setup and have 150-200 local clients who directly purchase from the shop.
- Revenue split: 75% of our revenue is from wholesale clients and 25% of our total sales are from the retail shop.
- Revenue model: Get products from the brand at a discounted price and sell them to clients at wholesale price (15-20% margin).
- Promoter has over 27 years of industry experience.
Products & Services Overview
Wholesale supply and distribution of car parts, car polish, and automotive accessories.
Assets Overview
Tangible assets include two cars worth OMR 15,000 each (total OMR 30,000), and a moving inventory of OMR 15,000-20,000.
Facilities Overview
Rented 3 warehouses (5 shutter shops, 2 shutter shops, and 2 shutter shops) across Oman. We pay a total monthly rent of OMR 2,500.
Capitalization Overview
- This is a debt-free sole proprietorship.
Recent Activity
-
Earlier than 15 daysReferral Agent, Montreal, Financial Consultant connected with the Business
Tags:
Automobile Parts Wholesale Business Seeking Loan in Muscat, Oman
·Lend to Automobile Parts Wholesale Business in Muscat, Oman
·Auto Accessories Shop Seeking Loan in Muscat, Oman
·Automobile Parts Wholesale Business Seeking Loan
·Lend to Auto Accessories Shop in Muscat, Oman
·Lend to Automobile Parts Wholesale Business
·Auto Accessories Shop Seeking Loan
·Lend to Auto Accessories Shop
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
3 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses