Electrical Vehicles Business Seeking Loan in Nagpur, India
Electric vehicles distributor having a client base of 1,500+ across Maharastra, MP and Chattisgarh.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 200 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 20 % |
| Industries | Electrical Vehicles |
| Locations | Nagpur |
| Local Time | 9:32 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
120 thousand
for
15.0%
annual interest,
4
years
(Native Currency: INR 10,000,000)
Reason: Expansion.
Collateral Available: USD 240 thousand
Includes physical assets worth
USD
240 thousand
Interested to connect with advisors
Business Overview
- Business is an assembler and wholesale distributor of e-bikes.
- Working for a prominent manufacturer.
- Have a client base of 1,500+ across Maharastra, MP and Chattisgarh.
- Supplies to 18 - 19 retailers in the local market.
- We sell around 18 e-bikes on a weekly basis.
- Promoter has 12 years of experience.
Products & Services Overview
- Distributor of e-bikes.
Facilities Overview
Own property - 3,000 Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Manufacturing, Nagpur, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
