Auto Repair and Service Business Seeking Loan in Nassau, Bahamas
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 |
- 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.
No outstanding loans.
There is 1 owner in the business.