Automobile Parts Wholesale Business Seeking Loan in Palakkad, India
Spare parts distributor for Hero MotoCorp seeking financial support to help increase inventory.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 590 thousand |
| Run Rate Sales | USD 870 thousand |
| EBITDA Margin | 5 % |
| Industries | Automobile Parts Wholesale |
| Locations | Palakkad |
| Local Time | 4:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
175 thousand
for
14.0%
annual interest,
6
years
(Native Currency: INR 15,000,000)
Reason: To expand by keeping a larger number of inventories in terms of SKUs. Currently holding nearly 3,600...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
70 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
GST Certificate
(87.4 KB)
Rental Agreement
(1.3 MB)
Business Overview
- Exclusive distributor of Hero Motocorp genuine spare parts in the Palakkad region, serving a robust automobile parts wholesale market.
- Offers a comprehensive range of products, including scooter parts, bike spare parts, accessories, and oils, enhancing the product line portfolio.
- Solid customer base with partnerships, including 160 retailers and over 200 technicians, catering to a significant portion of the local market.
- Employs a motivated sales team focused on customer satisfaction and growth, boosting sales performance and client loyalty.
- Recognized as a top-performing distributor in the state, reflecting a strong market presence and effective operational strategies.
- Operations fully aligned with corporate policies, ensuring timely customer rewards and fostering strong customer relationships.
- GST-certified business, maintaining compliance with industry standards and ensuring smooth, transparent transactions.
- Efficient logistics with over 20 transactions processed per day, demonstrating capability in meeting consistent demand. The business does not require a high employee count as it is involved only in distributing.
- Offers a comprehensive range of products, including scooter parts, bike spare parts, accessories, and oils, enhancing the product line portfolio.
- Solid customer base with partnerships, including 160 retailers and over 200 technicians, catering to a significant portion of the local market.
- Employs a motivated sales team focused on customer satisfaction and growth, boosting sales performance and client loyalty.
- Recognized as a top-performing distributor in the state, reflecting a strong market presence and effective operational strategies.
- Operations fully aligned with corporate policies, ensuring timely customer rewards and fostering strong customer relationships.
- GST-certified business, maintaining compliance with industry standards and ensuring smooth, transparent transactions.
- Efficient logistics with over 20 transactions processed per day, demonstrating capability in meeting consistent demand. The business does not require a high employee count as it is involved only in distributing.
Products & Services Overview
The business specializes in the distribution of scooter and bike spare parts, accessories, oil, and other by-products.The products are used by 160 retailers and over 200 technicians in the Palakkad region who need high-quality Hero Motocorp spare parts, accessories, and oils for their operations.
Assets Overview
The tangible assets owned by the business include racks, office desktops, printers, a commercial vehicle, 45 days' worth of spare parts stock, and a wrap machine.
Facilities Overview
The business operates from a rented warehouse with a 4,700 sq. ft. area in the heart of Palakad city.
Capitalization Overview
The business is self-funded. It utilizes Canara Bank as CC OD and unsecured business loans by leading NBFCs. At this particular moment, there are no outstanding debts.
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