Need help?

Auto Repair and Service Company Investment Opportunity in Chennai, India

Unique repair & service platform for bikes and cars for after-sales service industry seeks growth capital.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 12 thousand
Run Rate Sales USD 12 thousand
EBITDA Margin 30 %
Industries Auto Repair and Service + 1 more
Locations  Chennai
Local Time 4:31 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Seeking Investment
USD 600 thousand for 30.0% stake (Native Currency: INR 50,000,000)
Reason: Funds will be used to expand in 6 new cities which are Pune, Noida, Ahmadabad, Kolkata, Lucknow and ... View More
Includes physical assets worth USD 1.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- A hassle-free booking service has been simplified using an online platform wherein customers can book auto repair & service through a mobile app and a website.

- Founders have exceptional expertise of many years and they have worked at leading positions in big corporates like IBM, HCL, Rane, Nissan and Tata in the past and are well aware of the market.

- The company uses reliable products, uniform pricing, service warranty, customer tracking and last-mile service.

- Company operates 1 workshop by itself and have partnered with 6 other workshops in Chennai. Company is also in the process to open its workshop in Bangalore.

- Have served 1,500+ customers and expect to receive 5,000+ customers by July next year.

- Company aims to set-up 14 service centers by December next year.

- The company is projected to have a revenue of INR 2 crore by the end of next financial year.

Products & Services Overview

Complete repair and service for cars and bikes.

Assets Overview

Business owns the technology, platform, mobile app, tools, equipment and furniture.

Facilities Overview

- Company is registered in Chennai and operates out of a rented premises of 350 sq ft.

- The company has workshops in & around Chennai where the cars & bikes are serviced. Size of each workshop is between 750 to 900 sq ft.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

3 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more