Profitable Electrical Vehicles Company Investment Opportunity in Bangalore, India
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 |
- 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.
Retailing 4 variants of electric scooter models through company-operated showrooms:
- Lease and own concept.
- Pay to ride.
- Vehicle rentals.
Manufacturing equipment, 22 showrooms leasehold, design certifications, skilled manpower and sales team, software & CRM system, and scooter inventory.
Leased manufacturing facility and 21 company-operated showrooms in Bangalore and 1 showroom in Mysore.
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Earlier than 15 daysSite Director, IT, Fremont, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAdvisor, Electricity Distribution, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Investment, Dallas, Individual Investor / Buyer connected with the Business