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Automobile Parts Wholesale Company Seeking Loan in Dubai, United Arab Emirates

Seeking Loan: Importer and supplier of internal spare parts for heavy-duty machinery and vehicles.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.3 million
EBITDA Margin 10 - 20 %
Industries Automobile Parts Wholesale + 1 more
Locations  Dubai
Local Time 5:49 PM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 20.0% annual interest, 3 years (Native Currency: AED 1,000,000)
Reason: The investment is required for: - Business expansion: target customers in different countries. - I... View More
Collateral Available: USD 0
Includes physical assets worth USD 140 thousand
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Business Name
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Business Overview

- Our company imports used internal spare parts of heavy-duty machinery, vehicles and branded cars from Poland and Germany. We have 5 suppliers from whom purchase goods. There is no explicit contract with either of them.

- The goods are imported in Dubai and sold using 2 channels: direct sale to individual repairmen and auto workshop owners in Dubai along with bulk supply to our customers in Yemen, Qatar and Saudi Arabia.

- We have over 400 active clients to whom we supply goods across all channels. There is no contract with either of them.

- We outsource logistics support for fulfilling purchase orders outside Dubai. However, orders inside Dubai are fulfilled using company owned pickup truck.

- Our business also supplies internal used parts for Mercedes and Volvo cars which are bought by individual repairmen and auto workshop owners. We do not hold any official supplier contract for these brands.

- Our company's trade license expired close to 2 months ago. However, it has been given for renewal. The trade license permits our business to do repairing of automobiles and supplying their parts.

- Currently, the company is only importing and supplying internal spare parts. However, we are set to begin our own auto-shop for heavy-duty vehicles and machinery where we will use the same goods and parts that we supply. We could not commence auto repairing services last year due to the effect of pandemic on the market.

Products & Services Overview

We import and supply used internal spare parts such as engines and oil pumps for:

- Heavy-duty machinery.

- JCB vehicles.

- Trucks and buses.

- Mercedes cars.

- Volvo cars.

Assets Overview

Physical assets include:

- Inventory worth over AED 400,000 which will be used to fulfil purchase orders in the coming months.

- Pickup truck and forklift.

Facilities Overview

- Our company runs operations from a rented facility spread across 4,500 sq. ft.

- The facility is split between a warehouse and an administrative office space.

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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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