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Car Dealers Company Investment Opportunity in Gweru, Zimbabwe

Business providing services in real estate and car purchase in Zimbabwe seeking investor.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 13.5 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 40 %
Industries Car Dealers
Locations  Gweru
Local Time 7:43 AM Africa / Harare
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 90 thousand for 50.0% stake (Native Currency: USD 90,000)
Reason: We need an investor to purchase a house in the vicinity of Midlands State University where students ... View More
Includes physical assets worth USD 900
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- We are a business that helps individuals buy cars and also provides agent services to help students rent houses.

- So far we have been able to rent one house and sold 6 cars.

- Majority of our revenue is generated through the sale of cars.

- Revenue is generated by charging a commission to the customer based on the services offered to help in procuring the car.

- We have associated with Avantgarde Motors, Link Motors and Panjap Motors in conducting business.

- Research has also been done on houses to be bought when money is sourced suitable for student accommodation.

- Promoter has 2 years of experience in this industry.

- We have the incorporation certificate.

Products & Services Overview

We provide services to customers to buy cars. We also act as agents to help rent out houses.

Assets Overview

At the moment the business owns a laptop for online marketing of cars. A mobile device for taking pictures and communicating with clients. And company papers, certificate of incorporation, memorandum of association, articles of association, CR5 and CR6 documents.

Facilities Overview

We operate online using our Facebook pages and Instagram page to advertise and then meet with the client in the Central Business District and do transactions on the roadside. We look forward to having our own operating facility.

Capitalization Overview

- At the moment the business was funded using the promoter's savings.

- The business is debt-free and only has one owner.

Recent Activity
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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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