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Auto Repair and Service Business Seeking Loan in Philippines

Business involved in the detailing and repair of automobiles in the Philippines seeking a loan.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 17.5 thousand
Run Rate Sales USD 31.4 thousand
EBITDA Margin 40 - 50 %
Industries Auto Repair and Service
Locations Philippines
Local Time 5:18 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 35 thousand for 12.0% annual interest, 5 years (Native Currency: PHP 2,000,000)
Reason: We want to expand our business and would like to have a shop were clients can have their cars done a... View More
Collateral Available: USD 0
Includes physical assets worth USD 5.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
DTI Permit
Business Overview
- Business caters to more than 500 clients and growing.
- Sales growth tripled from 2015-2016.
- Owner has 7 years of experience in this industry.
Products & Services Overview
- Tint Installation for House Offices and Automobiles.
- Auto Detailing includes Exterior, Interior, Glass, Headlight and Engine Detailing.
- Ceramic Coating or Glass Coating.
- Windshield Minor Wiper Marks Scratch Repair.
Facilities Overview
Generally we do home service. We currently have 1 automobile service and 2 motorcycle for transportation to cater customers in Luzon area and in some cases we do commute to provide service to our clients. Since we usually home service we have office were we receive inquiries and booking also staff that handles promotions our house address is our main office were we also accept jobs and we are renting another one for 1,800 per month.
Capitalization Overview
Not Disclosed
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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