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Auto Repair and Service Business Seeking Loan in Muscat, Oman

Auto repair and service center receiving 8-10 customers daily seek a loan.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 56 thousand
EBITDA Margin 30 - 40 %
Industries Auto Repair and Service
Locations  Muscat
Local Time 8:22 PM Asia / Muscat
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 26 thousand for 10.0% annual interest, 2 years (Native Currency: OMR 10,000)
Reason: We are seeking funds for working capital.
Collateral Available: USD 40 thousand
Includes physical assets worth USD 26 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We receive around 8-10 customers daily.
- It is a fully equipped workshop.
- At one time 5-7 cars can be serviced.
- Also have a parking space to accommodate 20 cars in front of the garage.
- We have skilled technicians in the electrical and mechanic fields.
- We purchase automobile parts from Dubai and also locally.
- Some services require just 2 hours but services like engine and gear repair require 3-5 days to deliver the car.
Products & Services Overview
- Repair or replace mechanic parts.
- Repair or replace electric parts.
- Sale of second-hand parts.
Assets Overview
Installation equipment, workshop equipment, and an automobile service vehicle.
Facilities Overview
The garage is located in the city center on a 300 sq yard area as a workshop, one office, and 150 sq yards for electric work. We pay an annual rent of INR 4,800.
Capitalization Overview
- The business has been self-funded with no debts no liabilities or loans in the business.
- The owner has complete control of the business.
- Company has 2 partners.
Recent Activity
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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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