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Auto Repair and Service Business Seeking Loan in Samdrup Jongkhar, Bhutan

Auto service center that would follow a subscription based model, seeking funds to begin operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Auto Repair and Service
Locations  Samdrup Jongkhar
Local Time 11:55 PM Asia / Thimphu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 50 thousand for 20.0% annual interest, 20 years (Native Currency: BTN 4,000,000)
Reason: To complete construction and begin operations.
Collateral Available: USD 36 thousand
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- An auto-care service center based in Samdrup Jongkhar, Bhutan.
- Business is in the pre-revenue phase.
- The service center is still under construction and is expected to be completed in the coming months.
- We will be following a subscription based model, wherein a customer can get their car fully serviced 4 times a month.
- Full service includes - car wash, greasing, tire repairs, polish, dry wash, emission test, wheel aliment, all lubricant services.
- Have spoken to 1,000 customers who are keen on joining the subscription model.
- Monthly subscription - Family car - BTN 799, utility vehicles BTN 899, standard car BTN 999.
- Physical assets include 1,500 Sq. Ft. land.
Products & Services Overview
Auto service center offering car wash, greasing, tire repairs, polish, dry wash, emission test, wheel aliment, all lubricant services.
Facilities Overview
Land is owned by the business and has an area of 1,500 Sq. Ft.
Capitalization Overview
Not Disclosed
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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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