Need help?

Automobile Wholesale Business Seeking Loan in Plassey, India

Established TVS dealership company seeks loan to stock up on inventory in new Tata dealership.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 580 thousand
Run Rate Sales USD 630 thousand
EBITDA Margin 3 %
Industries Automobile Wholesale
Locations  Murshidabad + 1 more
Local Time 2:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 175 thousand for 20.0% annual interest, 2 years (Native Currency: INR 15,000,000)
Reason: The owner requires initial funds to set up inventory in the Tata-authorised dealership.
Collateral Available: USD 23.4 thousand
Includes physical assets worth USD 175 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Two-wheeler dealership and authorized service station.
- We have been a TVS dealership for more than 10 years.
- The business has served more than 1,000 clients.
- We have an experience of 15+ years in the automobile industry.
- 12-16 vehicles are sold in a week in our TVS dealership.
- Our revenue from our sales is INR 40L and we make INR 5-6L through our services.
- The Tata dealership is all set to start its operations and it will be operational very soon. The infrastructure and authorizations are all done.
- We will be hiring more employees for the Tata dealership soon.
Products & Services Overview
Two-wheeler dealership and authorized service station for TVS and Tata.
Assets Overview
8,500 sqft building with 10,500 sqft industrial shade in 5.5 bigha land for the Tata dealership.
13 decimal land upon which the TVS dealership is built.
The land belongs to the business.
Inventory in the business.
Facilities Overview
8,500 sqft building with 10,500 sqft industrial shade in 5.5 bigha land for the Tata dealership in Murshidabad.
13 decimal land upon which the TVS dealership is built in Plassey.
The land belongs to the business.
Capitalization Overview
- Presently all of the work is done with our own funds.
- Sole proprietorship form of business.
- We have a cc limit of INR 24.9L.
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder CEO LB FInancial Services, Kolkata, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more