Auto Repair and Service Business Seeking Loan in Nassau, Bahamas
Automotive business in Nassau specializing in sales, repairs, import/export, and accessories, seeking funding for expansion.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 thousand |
| Run Rate Sales | USD 33.6 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Auto Repair and Service |
| Locations | Nassau |
| Local Time | 1:32 AM America / Nassau |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
30 thousand
for
8.0%
annual interest,
2
years
(Native Currency: BSD 30,000)
Reason: To purchase new equipment for the business to enhance customer service and ensure timely loan repaym...
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Collateral Available: USD 0
Includes physical assets worth
USD
3.5 thousand
Interested to connect with advisors
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Business Name
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Documents
Tax Registration
(379.0 KB)
Business License
(275.7 KB)
Business Overview
- The business is a dynamic vehicle-centric company specializing in sales, import & export, maintenance, and accessories, strategically located in Nassau.
- Currently a mobile business but poised for expansion with a vision to acquire a 1-acre property—a vital next step already receiving approval.
- Offering a diverse range of automotive services, the business deals in quality repair parts, vehicle repairs, and direct vehicle sales catering to a varied demographic, ensuring broad appeal.
- Holding a robust clientele base of over 250 customers, the business has built a sound reputation for reliability and trust in the local vehicle sales and maintenance market.
- The majority of sales come from vehicle repair services, serving around 10-25 customers per week.
- With a current annual income of BSD 30,000, the business has the potential to more than double this figure, with projections indicating a potential annual income of BSD 72,000 upon expansion.
- The enterprise is actively seeking investment to capitalize on increasing market demand and enhance operational capabilities in vehicle maintenance and accessory sales.
- Currently a mobile business but poised for expansion with a vision to acquire a 1-acre property—a vital next step already receiving approval.
- Offering a diverse range of automotive services, the business deals in quality repair parts, vehicle repairs, and direct vehicle sales catering to a varied demographic, ensuring broad appeal.
- Holding a robust clientele base of over 250 customers, the business has built a sound reputation for reliability and trust in the local vehicle sales and maintenance market.
- The majority of sales come from vehicle repair services, serving around 10-25 customers per week.
- With a current annual income of BSD 30,000, the business has the potential to more than double this figure, with projections indicating a potential annual income of BSD 72,000 upon expansion.
- The enterprise is actively seeking investment to capitalize on increasing market demand and enhance operational capabilities in vehicle maintenance and accessory sales.
Products & Services Overview
Offers a comprehensive range of automotive products and services, including the sale of high-quality repair parts, vehicle repairs tailored to individual customer needs, and the sale of vehicles to a diverse clientele of young, middle-aged, and older men and women.
Assets Overview
Physical assets include the equipment, tools and inventory.
Facilities Overview
No dedicated office facility, operating from a mobile unit in St. Pastel Gardens House, Nassau.
Capitalization Overview
Self-funded.No outstanding loans.
There is 1 owner in the business.
Tags:
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·Auto Repair and Service Business Seeking Loan in Nassau, The Bahamas
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·Lend to Auto Detailing Business in Nassau, The Bahamas
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·Starter & Alternator Repair Business Seeking Loan
·Auto Repair and Service Business Seeking Loan
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·Lend to Auto Repair and Service Business
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