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Auto Component Company Investment Opportunity in Chennai, India

Automobile service business in Chennai & Bangalore seeks funding for business expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 10 - 20 %
Industries Auto Component + 1 more
Locations  Bangalore + 1 more
Local Time 11:23 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 67 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: Working capital & business expansion in other cities.
Includes physical assets worth USD 13 thousand
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Business Overview

- Company is into Automobile service, Spare parts distribution and Insurance renewal of vehicles.

- We may also get funded by Saif & Matrix partners by January, 2019.

- Promoter has 10 years of experience in running companies in multiple industries.

- We provide annual subscription and loyalty cards for car maintenance.

- We also sell spare parts of automobiles at our center & on website. Have tie up with more than 10 vendors.

- Business has a mobile app as well.

- Our website has over 1K active users for booking service & buying automobile spare parts.

- On a daily basis, we serve around 10 customers together from all business. Automobile service & spare parts distribution generates majority of our revenue.

Products & Services Overview

- Automobile service booking & Insurance renewal.

- E-commerce portal for spare parts and accessories.

- Spare distribution in center.

Facilities Overview

Two offices on rent in Chennai & Bangalore.

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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.
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