Auto Repair and Service Business Seeking Loan in Borivali Tarf Sonale, India

Service-center for consumer-durable products looking to start a service station of leading bike manufacturer in western suburbs.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 800 thousand
EBITDA Margin
10 %
Industries
Local Time
3:35 AM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 700 thousand for 10.0% annual interest, 6.0 years (Native Currency: INR 50,000,000)
Reason: To start a new dealership business of a leading 2 wheeler company in Borivali.
Collateral Available: USD 0
Includes physical assets worth USD 43 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Currently, we are into after-sales service of consumer durables of reputed MNC electronic giants. We are in the business since the last 22 years.

- Business is dealing in LG and Samsung products.

- For LG sales & services we get around 2,400 customers per month and for Samsung, we are serving around 250 customers per month.

- In talks with Bajaj 2 wheelers to set up a showroom and after sales & service facility.

- It will be a new set up in Borivali & we will have to lease 2,500 Sqft for showroom and 2,500 Sqft for godown and service area.

- Sales figures mentioned is for current running business.

Products & Services Overview

- Sales & service center of consumer durable products.

- Yet to start sales & service center for Bajaj 2 wheelers.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Business Head, Mumbai, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder & CEO, Chennai, Financial Advisor connected with this business
  • Earlier than 15 days
    Director, Dubai, 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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