Electrical Vehicles Business for Sale in Kolhapur, India
For Sale: 32-year experienced promoter offering 4 ICAT-approved models of EV 2-wheelers.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 24 % |
| Industries | Electrical Vehicles |
| Locations | Kolhapur |
| Local Time | 10:04 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
720 thousand
(Native Currency: INR 62,500,000)
Reason: The promoter has health issues and, hence wishes to sell the business.
Includes physical assets worth
USD
140 thousand
Interested to connect with advisors
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Business Name
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Documents
Company PAN Card
(69.7 KB)
Business Overview
- Promoters have 32 years of experience in the 2-wheeler industry.
- We have identified three high-speed models ready for launch in 3-4 months, pending sufficient working capital availability.
- We have established relationships with both local and overseas vendors, and we have access to an assembly line expertise/team, available on a salary or contract basis.
- We have secured a strategic partnership with the world's leading battery manufacturer, ensuring competitive pricing.
- We have also partnered with 10+ transportation and accessories manufacturers to support our operations.
- Our business includes valuable tie-ups with homologation agencies to facilitate regulatory compliance and approvals.
- We outsource work, based on our requirements from time to time.
- We experienced high growth this year due to a surge in demand.
- Buyer has to move to a new location, to run the business.
- We have identified three high-speed models ready for launch in 3-4 months, pending sufficient working capital availability.
- We have established relationships with both local and overseas vendors, and we have access to an assembly line expertise/team, available on a salary or contract basis.
- We have secured a strategic partnership with the world's leading battery manufacturer, ensuring competitive pricing.
- We have also partnered with 10+ transportation and accessories manufacturers to support our operations.
- Our business includes valuable tie-ups with homologation agencies to facilitate regulatory compliance and approvals.
- We outsource work, based on our requirements from time to time.
- We experienced high growth this year due to a surge in demand.
- Buyer has to move to a new location, to run the business.
Products & Services Overview
ICAT approved and certified 4 scooter models with certificates.
Assets Overview
Tangible assets:- Approximately 100 scooters, as well as spare parts, accessories, batteries, display stands, leaflet stands, and more.
- Accumulated GST Credit totalling ₹5 lakh.
Intangible assets:
1. List of over 200 investors who are interested in becoming electric vehicle (EV) dealers.
2. A comprehensive nationwide network development plan documented with projections, finance requirements, and manpower details.
3. An inventory comprising.
4. Ownership of the brand name and associated rights.
5. Please note that land and building assets are not included as part of this proposal or deal.
6. Established business tie-ups and relationships with various vendors and partners.
Facilities Overview
The business has an office facility but the office, land and buildings are not part of the transaction.
Capitalization Overview
- This business is loan-free and running on the capital of promoters.- The business has liabilities worth INR 70 lakhs.
- Family-owned business with 3 shareholders, 95-4-1% split.
Recent Activity
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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