Auto Dealership Business Is Seeking Loan in Alwar, India

Existing Hyundai dealership. Opening three Ford dealership outlets, seeking business loan.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 8.5 million
EBITDA Margin
0 - 10 %
Industries
Locations
Local Time
6:57 PM Alwar
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 280 thousand for 11.0% annual interest, 5.0 years (Native Currency: INR 20,000,000)
Reason: Finance for Ford dealership.
Collateral Available: USD 0
Includes physical assets worth USD 1.4 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.

Products & Services Overview

Ford Cars dealership.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Partner, New Delhi, Financial Advisor connected with this business
  • Earlier than 15 days
    Director, Delhi, Financial Advisor connected with this business
  • Earlier than 15 days
    Director, Delhi, Financial Advisor connected with this business
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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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