Need help?

Car Dealers Business Seeking Loan in Kingstown, Saint Vincent and the Grenadines

Kingstown-based vehicle dealership business offering sales and rentals, seeking investment for expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 67 thousand
EBITDA Margin 30 %
Industries Car Dealers
Locations  Kingstown
Local Time 5:37 PM America / St Vincent
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 74 thousand for 10.0% annual interest, 10 years (Native Currency: XCD 200,000)
Reason: Seeking investment for business expansion by procuring more vehicles and expansion of sales channels... View More
Collateral Available: USD 0
Includes physical assets worth USD 110 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Vehicle sales and rental business located in Kingstown.
- Offering a diverse range of vehicles including cars, SUVs, trucks, and motorcycles.
- These vehicles are imported from Japan and the US.
- The average sales per month are 5, clients include individual vehicle owners.
- Additionally, the business engages in trucking and excavation services.
- Trucking services include providing logistics for the transportation of construction materials to construction sites for 10 clients. Notably, the business has secured a significant contract worth XCD 8,000 with 1 major client who is a supplier of construction materials.
- Excavation is through projects.
- Has a dealership license.
Products & Services Overview
Vehicle sales and rental - includes cars, SUVs, trucks, and motorcycles.
Top selling are cars and SUVs.
Clients are individual vehicle owners.
Additional services include trucking and excavation services.
Assets Overview
Physical assets include:
1 4 tonne truck.
3 cars.
1 jeep.
1 van.
Facilities Overview
Own facility of ~20x20 (400 sq ft), garage space, located in Arnos Vale, Kingstown.
Capitalization Overview
Business is self-funded.
Having outstanding bank loans.
There is 1 owner.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more