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 1.29 million |
| Run Rate Sales | USD 2.5 million |
| EBITDA Margin | 2 % |
| Industries | Mobile Apps + 1 more |
| Locations | Nagpur |
| Local Time | 11:39 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
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...
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Includes physical assets worth
USD
5.8 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Domain-Verification.pdf
(213.9 KB)
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).
- 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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