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 6.6 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Auto Dealers |
| Locations | Alwar |
| Local Time | 9:29 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
220 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
1.1 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
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
12 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 65,500+ 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