Automobile Parts Wholesale Business Seeking Loan in Muscat, Oman
|Employees||5 - 10|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 3 million|
|Run Rate Sales||USD 4.7 million|
|EBITDA Margin||0 - 10 %|
|Industries||Automobile Parts Wholesale + 1 more|
|Local Time||1:53 PM Asia / Muscat|
|Listed By||Business Owner / Director|
- Distributor and wholesale supplier for car care and automotive products.
- We are the authorized supplier for 2 brands from Poland (K2 Car Care) and the USA (Liqui Moly).
- Maintain inventory worth OMR 150,000 at any given time.
- Have 15-20 wholesale clients from Oman, UAE, and India. These are clients who further sell the products to retailers and end customers in their region.
- We have a retail cum warehouse setup and have 150-200 local clients who directly purchase from the shop.
- Revenue split: 75% of our revenue is from wholesale clients and 25% of our total sales are from the retail shop.
- Revenue model: Get products from the brand at a discounted price and sell them to clients at wholesale price (15-20% margin).
- Promoter has over 24 years of industry experience.
- Business owned assets include office setup and warehouse equipment.
Wholesale supply and distribution of car parts, car polish, and automotive accessories.
Rented 3 warehouses (5 shutter shop, 2 shutter shop, and 2 shutter shop) across Oman. We pay a total monthly rent of OMR 2,250.