Car Dealers Business Seeking Loan in Chaguanas, Trinidad and Tobago
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 15 thousand |
Run Rate Sales | USD 53 thousand |
EBITDA Margin | 20 % |
Industries | Car Dealers + 1 more |
Locations | Chaguanas |
Local Time | 1:55 AM America / Port of Spain |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Dealers of used and brand new cars and spare parts that has been operational for over 6 years.
- Have sold over 50 cars in the past 6 years.
- When a customer orders a vehicle we either import the vehicle for them or source it locally depending on the price.
- We import used cars from Japan and also purchase brand new cars in Trinidad and Tobago.
- We primarily focus on hybrid and electric cars.
- If we had more capital to keep an inventory of cars, we would have sold approximately 80-100 cars a year. This way the bank will be able to finance our customer.
- Our marketing is very effective that attracts genuine customers.
- Customers make the order confirmation down payment and then we purchase the car.
- Since we purchase cars on an order basis, we do not have to store that car and it will be directly delivered to the customer.
Dealers of used vehicles, brand new vehicles and car parts.
Business owns the website. We do not own any physical assets as we sell cars on a pre-order basis.
We do not have a separate office space as we run the business from the home office.