Car Dealers Business Seeking Loan in Chaguanas, Trinidad
Established | 10-20 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 14.7 thousand |
Run Rate Sales | USD 53 thousand |
EBITDA Margin | 20 % |
Industries | Car Dealers + 1 more |
Locations | Chaguanas |
Local Time | 10:18 AM America / Port of Spain |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.