Car Dealers Business Investment Opportunity in Panama City, Panama
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 3.5 million |
Run Rate Sales | USD 2.4 million |
EBITDA Margin | 10 % |
Industries | Car Dealers |
Locations | Panama City |
Local Time | 12:08 PM America / Panama |
Listed By | Business Owner / Director |
Status | Active |
- 6-year old multi-brand car dealership business offers sale and servicing of IC engine cars, electric vehicles, and spare parts.
- The car industry will move towards electric in the years to come, and we are ready to cater to that market.
- Our cars are imported from China, Hong Kong and many other countries.
- Currently have an inventory of 40-50 cars.
- Cost of the car ranges from PAB 6,000 to 19,000.
- On average we sell 15-18 cars per month.
- Promoter has visited many electric car manufacturing factories and studies about electric vehicles to gain knowledge and insights.
- Revenue of this year has been reduced due to Covid-19 crisis.
Sale of different branded cars, electric vehicles, spare parts and servicing.
Own land in prime location and inventory of 40-50 cars.
Rented property of 1,400 sq m in a prime location.
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Earlier than 15 daysManaging Partner, Panama City, Business Broker connected with the Business