Auto Repair and Service Company Seeking Loan in Bengaluru, India

- Comprehensive range of automotive services including denting, repairs and servicing, car detailing, complete interior and exterior detailing, wrapping, modification, customization, and restoration.
- Primarily catering to individual vehicle owners, while corporate clients also utilize the workshop for vehicle servicing. Physical assets: The business has a metal building structure valued at approximately INR 1 crore, which is being pledged as collateral for the loan, along with machinery such as vehicle lifts, diagnostic tools, compressors, denting and repair equipment, and detailing machinery, valued at approximately INR 50 lakh.

Intangible assets: Customer base built over five years, goodwill, brand reputation, and customer relationships. The facility spans approximately 20,000 sq. ft. , comprising a 14,000 sq. ft. PEB structure and a 5,000 sq. ft. car showroom across the ground and first floors; the land is leased, while the structure was constructed by the company, with a monthly rent of INR 2 lakh. Currently, only the service floor is operational, while the showroom remains non-operational. There are three registered directors, of whom two are actively involved in the business. The promoters have invested approximately INR 1.25 crore, and the company has no outstanding loans.