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Automobile Parts Wholesale Business Seeking Loan in Visakhapatnam, India

2 wheeler parts distributor for TVS and Royal Enfield with 500+ customers seeks loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5 - 6 million
Run Rate Sales USD 7 million
EBITDA Margin 0 - 10 %
Industries Automobile Parts Wholesale
Locations  Visakhapatnam
Local Time 2:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 580 thousand for 10.0% annual interest, 10 years (Native Currency: INR 50,000,000)
Reason: We want to build/buy our own warehouse.
Collateral Available: USD 0
Includes physical assets worth USD 1.27 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- TVS, Bajaj and Royal Enfield parts distributor for 5 districts of Andra Pradesh.
- Nearly 500 clients within this region.
- 20 years of personal experience in 2-wheel parts distribution.
- Exclusive territorial rights in 5 districts along the coastal region of Andra Pradesh.
- Holds necessary licenses including GST and MSME.
- Promoters bring in 30 years of experience.
- Supply chain primarily focuses on B2B operations catering to retailers and showrooms.
- Currently, the employee count is sufficient to manage operations due to our efficient management.
Products & Services Overview
TVS, Bajaj, and Royal Enfield 2 wheeler parts distributor.
B2B operations.
Assets Overview
Assets include:
Stock, inventory, furniture, fixtures and equipment.
All our assets are mostly illiquid hence we need external funds.
Facilities Overview
9,000 sq ft rental space located in Autonagar Gajuwaka VSP.
Rent per month INR 2 lakhs.
Capitalization Overview
Sole shareholder.
We have loans to the tune of INR 7 cr with banks.
Recent Activity
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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.
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