Auto Dealership Business Is Seeking Loan in Alwar, India
Existing Hyundai dealership. Opening three Ford dealership outlets, seeking business loan.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 7 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Auto Dealers |
| Locations | Alwar |
| Local Time | 3:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
230 thousand
for
11.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: Finance for Ford dealership.
Collateral Available: USD 0
Includes physical assets worth
USD
1.16 million
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- We have an existing Hyundai Alwar dealership since 2005 that does Rs. 60 crore of yearly sales.
- We have taken up Ford dealership in Jan 2017 to open 3 outlets in Alwar where 1 outlet will be on ownership basis and rest two will be on lease term.
- Expected Sales for 1st year for FORD dealership is Rs. 45 crore and this figure is updated in Run Rate Sales.
- We need to discuss the options of debt finance.
- Located in a very prominent area.
- Area size: 16,070 sq yards (owned).
- Have already done the initial investment.
- We are in the final stage of acquisition of the property for opening the dealership.
- We have taken up Ford dealership in Jan 2017 to open 3 outlets in Alwar where 1 outlet will be on ownership basis and rest two will be on lease term.
- Expected Sales for 1st year for FORD dealership is Rs. 45 crore and this figure is updated in Run Rate Sales.
- We need to discuss the options of debt finance.
- Located in a very prominent area.
- Area size: 16,070 sq yards (owned).
- Have already done the initial investment.
- We are in the final stage of acquisition of the property for opening the dealership.
Products & Services Overview
Ford Cars dealership.
Facilities Overview
12000 sf. ft area owned. In the heart of the Alwar city for Ford.For Bhiwadi & Neemrana rental setups.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysConsultant, Jaipur, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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