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Car Manufacturing Company Seeking Loan in Tehran, Iran

Automotive tuning and car software remapping for sports cars looking to produce own cars.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1 million
Run Rate Sales USD 1.2 million
EBITDA Margin 30 %
Industries Car Manufacturing + 1 more
Locations  Tehran
Local Time 10:10 AM Asia / Tehran
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 119 thousand for 10.0% annual interest, 2 years (Native Currency: USD 118,750)
Reason: Require funding to start production of our own vehicles which we have already finished designing and... View More
Collateral Available: USD 119 thousand
Includes physical assets worth USD 4.8 thousand
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Business Overview

- We are an automotive tuning company that helps maintain petrol and electric sports cars.

- Also do car software tuning such as ECU remapping and chip tuning.

- We were one of the first officially registered tuning companies in Iran have developed speciality RIMP ECU's for foreign and local cars.

- On a monthly basis we receive over 300 clients for our tuning services.

- Company has designed 2 hand made cars as a sample, however, production was halted due to the economic situation in Iran.

- Require funding in order to start production on these two cars which are a petrol cars.

Products & Services Overview

Engine control unit programming, ECU remap and chip tuning, Designing parts for cars, Development and design of sport cars and Online ECU programming.

Assets Overview

Machinery, furniture, smaller tools, equipment for ECU remaps.

Facilities Overview

Rented area of 200 meters with all the tools required for ECU remaps.

Capitalization Overview
Not Disclosed
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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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