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Car Wash Investment Opportunity in Bangalore, India

Bangalore based firm offering waterless car wash services to residents in 12 apartments in the city.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 70 thousand
Run Rate Sales USD 83 thousand
EBITDA Margin 23 %
Industries Car Washes
Locations  Bangalore
Local Time 3:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 830 thousand for 15.0% stake (Native Currency: INR 70,000,000)
Reason: Market expansion and technology development.
Includes physical assets worth USD 47 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- Offer waterless car wash services using eco-friendly chemicals.
- Currently wash around 900 cars belonging to residents in 12 apartments in Bangalore.
- Offer dry wash services 22 days a month along with cleaning and vacuuming interiors, tyre dressing and engine dressing services twice each month.
- Source the cleaning chemicals from 2 vendors locally.
- We employ 33 operational staff out of which 5 of them are on a permanent basis.
- Business has leased rooms near customer's apartments itself in order to accommodate the cleaning staff.
Products & Services Overview
Waterless car wash services, cleaning and vacuuming of interiors, tyre and engine dressing services.
Facilities Overview
Home based office.
Capitalization Overview
Not Disclosed
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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