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Car Wash Investment Opportunity in Nagpur, India

Invest in a fast-growing app-based car wash business active in 40+ cities with 500K+ downloads.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.3 million
Run Rate Sales USD 2.53 million
EBITDA Margin 2 %
Industries Mobile Apps + 1 more
Locations  Nagpur
Local Time 11:12 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 470 thousand for 10.0% stake (Native Currency: INR 40,000,000)
Reason: We need this investment for further product and app development, and to scale the business across mo... View More
Includes physical assets worth USD 5.9 thousand
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Business Overview
- The business specializes in providing convenient doorstep car and bike wash services across 40+ cities through a user-friendly mobile app interface, appealing to busy urban residents.
- They employ 60 dedicated staff members to support operations and maintain high-quality service standards, ensuring customer satisfaction and retention.
- The mobile app, available on the Play Store, has garnered over 500K+ downloads, indicating a strong and growing user base seeking hassle-free vehicle maintenance solutions.
- Alongside wash services, the business has expanded its offerings by selling vehicle accessories like dash cameras, enhancing the value proposition and increasing revenue streams.
- With over 100 active partner franchises and 150+ partner managers, the company leverages a robust network to scale operations efficiently and strategically across different regions.
- Future growth plans include partnering with insurance companies to offer vehicle insurance, providing customers with a comprehensive suite of vehicle-related services.
- We have witnessed a surge in sales due to platform improvements, which have enhanced customer experience and service retention rates.
- The company is officially registered with the Ministry of Corporate Affairs (MCA).
Products & Services Overview
The company provides on-site vehicle (car and bike) cleaning and maintenance services via its mobile application.
We have recently expanded to include vehicle add-ons like dashboard cameras and aim to introduce insurance solutions through collaborations with insurers.
Assets Overview
Tangible assets: All the office equipment and furniture.
Facilities Overview
We are operating from a rented office.
Capitalization Overview
Has a bank loan of INR 2 crores.
There are 2 directors with 46% and 25% ownership.
The rest of the ownership is held by 29 shareholders.
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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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