Auto Repair and Service Company Investment Opportunity in Pune, India
Online platform for scheduling all types of auto services at the convenience of your parking.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 28.4 thousand |
| Run Rate Sales | USD 27.3 thousand |
| EBITDA Margin | 40 % |
| Industries | Auto Repair and Service + 1 more |
| Locations | Pune |
| Local Time | 6:31 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
68 thousand
for
12.0%
stake
(Native Currency: INR 6,000,000)
Reason: The amount which we are raising will be utilized for the following -
- New customer acquisitions.
...
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Includes physical assets worth
USD
1.14 thousand
Interested to connect with advisors
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Business Overview
- We are an online platform for booking servicing and repair services for 2 and 4-wheelers as well as providing spare parts.
- The platform has been designed to deliver unparalleled levels of transparency, convenience, and service experience to our customers in the process of getting their vehicles (both two/four-wheelers).
- Our USP is that we provide cleaning, servicing, and repair at the comfort of the customer's home and save them the time to take the vehicle to the mechanic shop.
- Our current mission is to provide a hassle-free vehicle ownership experience to all our present and future customers.
- Have clocked 2,000+ orders since inception with an average of 5+ car servicing daily.
- The growth rate factor of the business is based on the market size and the target audience is 15x-20x in 3–4 years.
- Have a team of in-house mechanics to provide services. Have also partnered up with local mechanic shops with 10+ years of experience that meet our requirements to provide major services that cannot be done at the customer's location, such as denting and painting.
- Mechanic shop partners have to work on our guidelines and charge small fees based on the amount of work done.
- Average duration for servicing is 1 hour for 2-wheelers and 2-2.5 hours for 4-wheelers.
- Have recently tied up with Zoom cars to provide services for their clients.
- They will provide 60-70 cars per week to be cleaned and pay us INR 500-600 per car. Apart from that, any other service provided to those clients will be charged and the whole amount will be kept by us.
- 60% of our revenue is generated by the servicing and cleaning and 40% by the sale of spare products.
- We do not keep inventory but buy the products from vendors, add our margin of 5%-10% and then sell the product.
- Revenue generation is done by charging fees for servicing and cleaning, subscription model, and selling spare parts.
- There are 4 partners in the business, with one having 97% of the shares and the rest having 1% each.
- Business is debt-free.
- The business sales will increase once the tie-up with Zoomcar is operational.
- The platform has been designed to deliver unparalleled levels of transparency, convenience, and service experience to our customers in the process of getting their vehicles (both two/four-wheelers).
- Our USP is that we provide cleaning, servicing, and repair at the comfort of the customer's home and save them the time to take the vehicle to the mechanic shop.
- Our current mission is to provide a hassle-free vehicle ownership experience to all our present and future customers.
- Have clocked 2,000+ orders since inception with an average of 5+ car servicing daily.
- The growth rate factor of the business is based on the market size and the target audience is 15x-20x in 3–4 years.
- Have a team of in-house mechanics to provide services. Have also partnered up with local mechanic shops with 10+ years of experience that meet our requirements to provide major services that cannot be done at the customer's location, such as denting and painting.
- Mechanic shop partners have to work on our guidelines and charge small fees based on the amount of work done.
- Average duration for servicing is 1 hour for 2-wheelers and 2-2.5 hours for 4-wheelers.
- Have recently tied up with Zoom cars to provide services for their clients.
- They will provide 60-70 cars per week to be cleaned and pay us INR 500-600 per car. Apart from that, any other service provided to those clients will be charged and the whole amount will be kept by us.
- 60% of our revenue is generated by the servicing and cleaning and 40% by the sale of spare products.
- We do not keep inventory but buy the products from vendors, add our margin of 5%-10% and then sell the product.
- Revenue generation is done by charging fees for servicing and cleaning, subscription model, and selling spare parts.
- There are 4 partners in the business, with one having 97% of the shares and the rest having 1% each.
- Business is debt-free.
- The business sales will increase once the tie-up with Zoomcar is operational.
Products & Services Overview
Our core Services.- 2-wheeler servicing @ your parking.
- 4-wheeler servicing @ your parking.
- 4-wheeler deep cleaning at your parking.
- 4-wheeler daily wash (subscription-based model)
- 2-wheeler & 4-wheeler on-demand repairs.
- Preowned vehicles buy & sell.
Assets Overview
The physical assets include tools, spare kits, small machines, and a laptop.
Facilities Overview
We have a 550 sq. ft. backend workshop and a 1,300 sq. ft. office in Pune. Both are rented.
Capitalization Overview
Not Disclosed
Recent Activity
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