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Profitable Electrical Vehicles Company Investment Opportunity in Bangalore, India

Electrical scooter brand manufacturing 4 models and retailing through 20+ showrooms.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 500 thousand
Run Rate Sales USD 1.3 million
EBITDA Margin 20 - 30 %
Industries Electrical Vehicles
Locations  Bangalore
Local Time 12:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.2 million for 25.0% stake (Native Currency: INR 100,000,000)
Reason: Funds will be used for procuring raw materials and working capital. We are also planning to set up m... View More
Includes physical assets worth USD 360 thousand
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Business Overview

- Electric scooter brand with 20+ company-operated showrooms.

- We manufacture 4 different scooter variants and have a total production capacity of 1,000 units per month. Our current capacity utilization is 30% since we are manufacturing to the demand.

- We have 22 company-operated showrooms: 21 in Bangalore and 1 in Mysore.

- Revenue model: Apart from regular bookings, we also have a Ride and Pay model, a Pay to Own model, and provide vehicle rentals.

- Our reported sales for the previous financial year are low since we started operations only in Q4.

- Company has 2 directors with an equal shareholding stake.

- Business does not have any debts or liabilities.

Products & Services Overview

Retailing 4 variants of electric scooter models through company-operated showrooms:

- Lease and own concept.

- Pay to ride.

- Vehicle rentals.

Assets Overview

Manufacturing equipment, 22 showrooms leasehold, design certifications, skilled manpower and sales team, software & CRM system, and scooter inventory.

Facilities Overview

Leased manufacturing facility and 21 company-operated showrooms in Bangalore and 1 showroom in Mysore.

Capitalization Overview
Not Disclosed
Recent Activity
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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.
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