Car Wash Seeking Loan in Salem, India

Newly established company providing complete car care solutions seeks funding to set up workshops.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Auto Repair and Service + 1 more
Locations  Salem
Local Time 12:57 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 34 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: To set up the workshops and buy machineries.
Collateral Available: USD 200 thousand
Includes physical assets worth USD 27 thousand
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Business Name
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Documents
Business Overview

- May 2018 established company providing complete car care services.

- Before this we were a sole proprietorship firm and were operating a workshop on an area of 1,200 Sq Ft.

- Have now formed a private limited company.

- We have a land area of 40,000 Sq Ft and we are planning to open multiple workshops each measuring 1,500 Sq Ft.

- For publicity of our company we are distributing flyers, attending events, putting up advertisements on local newspaper along with social media and digital marketing.

- Promoter has an experience of 5 years in this industry.

Products & Services Overview

Car Wash, Car Detailing, Wheel Alignment & Air Conditioning.

Facilities Overview

Company own a land area of 40,000 Sq Ft.

Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
  • Earlier than 15 days
    Managing Director, Coimbatore, Financial Consultant connected with this business
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