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Petroleum Product Company Seeking Loan in Tegucigalpa, Honduras

Honduran based 3 decade old distributor of automotive products seeking funds for expansion.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 340 thousand
Run Rate Sales USD 460 thousand
EBITDA Margin 12 %
Industries Petroleum Product + 1 more
Locations  Tegucigalpa
Local Time 7:26 AM America / Tegucigalpa
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 114 thousand for 10.0% annual interest, 3 years (Native Currency: HNL 3,000,000)
Reason: The company is seeking capital to strengthen operations and accelerate growth, as we believe we are ... View More
Collateral Available: USD 153 thousand
Includes physical assets worth USD 57 thousand
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Business Overview
- Honduran-based distributor in Tegucigalpa with 30 years’ experience in petroleum product and automotive accessories distribution.
- Core product line includes silicon spray and protector dashboard cleaner, both automotive maintenance chemicals with high repeat demand.
- Holds exclusive distribution rights in Honduras for the U. S. manufacturer of silicon spray and Protector, providing a competitive moat and supplier exclusivity.
- Silicon spray is the market-leading automotive silicone in Honduras, known for quality and durability; Protector faces supply shortages locally, indicating strong unmet demand.
- Customer base: 50+ wholesale clients (auto shops, parts retailers, fleet maintenance businesses) plus walk-in retail store customers; strong B2B and B2C mix.
- Revenue model: product resale margins from exclusive-brand automotive chemicals, repeat sales from maintenance products, and wholesale contracts; low fixed overhead with contract-based staff.
- Operations: lean team of 5 employees, owner-led client relationships and hands-on customer service instead of relying on sales reps, fostering high customer retention and personalized service. Also hires part time staff.
- Market position strengthened by solid partnerships with other automotive-sector businesses, enhancing distribution channels and credibility.
- Compliance: holds official registration certificate, enabling legal trade and institutional sales.
Products & Services Overview
The company’s best-selling products are silicon spray and protector, for which it holds exclusive distribution rights from the U. S. manufacturer. Silicon spray is the most widely used automotive silicone in Honduras, trusted for its quality and durability. Protector is a well-established dashboard cleaner with consistently high demand, where current supply in the market is insufficient to meet customer needs.
Assets Overview
All office equipment.
Warehouse equipment.
2 vehicles.
Facilities Overview
The company owns a warehouse and a 1,200-square-meter site where construction is planned to begin, providing the necessary infrastructure to support future growth and the expansion of operations. These properties are not part of this transaction.
Capitalization Overview
The company is currently structured with two partners, holding 51% and 49% ownership, respectively. Business has no liabilities.
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2 Investors viewed this Business this week. 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.
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