Electrical Vehicles Business Seeking Loan in Paniqui, Philippines
Business offering quality e-bikes, services and spare parts, planning expansion for holiday sales growth.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 53 thousand |
| Run Rate Sales | USD 74 thousand |
| EBITDA Margin | 40 % |
| Industries | Electrical Vehicles |
| Locations | Paniqui |
| Local Time | 3:40 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
17.7 thousand
for
12.0%
annual interest,
6
years
(Native Currency: PHP 1,000,000)
Reason: We require this funding for relocating to a larger space and expanding inventory, services, and oper...
View More
Collateral Available: USD 71 thousand
Includes physical assets worth
USD
14.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Registered DTI Certificate
(2.7 MB)
Annual Income Tax Return
(3.7 MB)
Business Overview
- Positioned in the growing electrical vehicle industry, catering to the rising demand for eco-friendly transportation solutions with quality e-bikes.
- Located in Paniqui, the business benefits from strategic access to key consumer markets and transportation infrastructure.
- Operates with a streamlined team of 2 employees, ensuring low overhead costs and agile decision-making.
- Strong focus on after-sales service, enhancing customer satisfaction through repairs and maintenance, fostering loyalty and repeat business.
- Multiple revenue streams from e-bike sales, spare parts, and ongoing servicing of existing clientele, promoting financial stability.
- Equipped with professional marketing skills aimed at expanding brand presence and increasing holiday sales.
- Plans for strategic expansion to capitalize on seasonal demand and boost sales growth during peak periods.
- Located in Paniqui, the business benefits from strategic access to key consumer markets and transportation infrastructure.
- Operates with a streamlined team of 2 employees, ensuring low overhead costs and agile decision-making.
- Strong focus on after-sales service, enhancing customer satisfaction through repairs and maintenance, fostering loyalty and repeat business.
- Multiple revenue streams from e-bike sales, spare parts, and ongoing servicing of existing clientele, promoting financial stability.
- Equipped with professional marketing skills aimed at expanding brand presence and increasing holiday sales.
- Plans for strategic expansion to capitalize on seasonal demand and boost sales growth during peak periods.
Products & Services Overview
The business's top-selling products and services:- E-bike sales are in high demand for daily transportation and have strong future growth potential.
- After-sales service includes repairs and maintenance for customers requesting support.
- Spare parts are available to replace broken components with new ones.
Continuous revenue comes from servicing existing clients, attracting new customers, and building long-term relationships, ultimately benefiting the company.
Assets Overview
Tangible assets include a delivery vehicle, service equipment, office furniture (tables, chairs, etc. ), and other physical assets needed for day-to-day operations.
Facilities Overview
The shop occupies 200 sqm, including office space, CR, display area (indoor & outdoor), and service area. The monthly rental fee is PHP 23,850, excluding tax. All necessary business permits are in place.
Capitalization Overview
The business initially started in a small 30 sqm space, offering 3 types of e-bike spare parts, batteries, and services for all e-bike brands. To support expansion, we borrowed PHP 600,000 from the bank for shop relocation and to add more e-bike products. Currently, the outstanding bank loan balance is PHP 250,000, with no payment delays.
Recent Activity
-
Earlier than 15 daysPresident, Business Finance, Manila, Corporate 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.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 125,000+ other businesses of all sizes.
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.
You might also be interested in these businesses