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Automotive Accessories Company Seeking Loan in Sharjah, United Arab Emirates

Company that retails and exports heavy-duty truck auto spare parts is seeking a business loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 40 %
Industries Automotive Accessories + 1 more
Locations  Sharjah
Local Time 8:22 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 12.0% annual interest, 5 years (Native Currency: AED 1,000,000)
Reason: We require funds for purchasing more inventory of auto spare parts. This would help us to deliver mo... View More
Collateral Available: USD 0
Includes physical assets worth USD 80 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Showroom Display
Business Proposal
Trading License
Business Overview

- Company sells and exports heavy-duty truck auto spares.

- Specialize in supplying parts for Japanese trucks.

- The showroom has a daily customer footfall of 15-20.

- We receive 5-10 daily online inquires through our website apart from 5-10 daily email inquiries.

- Have a database of 3,000+ customers garnered in the last 8 years.

- We export to African and GCC countries and buyers pay 100% in advance.

- Revenue split: 65% from retail and 35% from exports.

- The company has been acquiring parts from legitimate vendors in the People's Republic of China, Taiwan, and Japan for the past 8-9 years.

- We pay our vendors 100% in advance.

- The promoter has 13+ years of experience in the construction equipment and automotive industries.

Products & Services Overview

Retail and export of replacement spare parts for heavy trucks, Japanese trucks.

Assets Overview

Stock worth AED 300,000.

Other assets include a CCTV system, 5 computers, 3 air conditioners, 3,000+ customer database, staff with a combined experience of 50+ years and we value these assets at AED 700,000.

Facilities Overview

1,000+ sq. ft of two retail showrooms with mezzanine flooring for inventory.

We pay a monthly rent of AED 5,500.

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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