Electrical Vehicles Company Investment Opportunity in Sint-Truiden, Belgium

Electrical vehicles assembler and distributor that has tie-ups with 4 retail giants and online channels.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 3.6 million
EBITDA Margin 30 %
Industries Electrical Vehicles
Locations  Bucharest + 1 more
Local Time 2:59 PM Romania
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 2 million for 30.0% stake (Native Currency: USD 2,000,000)
Reason: We require working capital. Any leftover funds will be utilized in expanding the business. We have a... View More
Includes physical assets worth USD 6 million
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Business Overview

- Assemble and distribute electrical vehicles such as hoverboards and scooters under our registered brand. Our electrical hoverboards are our most popular products.

- We sell our products through offline channels (retail) and online channels (e-commerce). Over 75% of our sales revenue comes through online channels with 25% coming from offline channels.

- Our current headquarters is in Bucharest, Romania but we plan on shifting to Sint-Truiden, Belgium.

- We sell our products directly on our website and on e-commerce platforms such as Amazon and E-Bay, Bol, Cdiscount, Wish, Fruugo, Cdon.

- The business has tied up with 4 major retail giants that sell our products. Some of their names are Auchan and Carrefour. We also have two showrooms; the first one is in Bucharest and the other one is in Budapest.

- Currently, we target France, Germany, United Kingdom, Austria, Italy, Spain, Portugal, Hungary, Romania, Switzerland, the Czech Republic, Slovenia, Croatia, the Netherlands, Belgium, Sweden, and Poland. We plan on focusing in the US market very soon.

- We have a dedicated marketing team consisting of 5 - 6 members. We engage in offline and online advertising (digital marketing). We provide repair servicing in Belgium and Romania for our products.

- We focus on creating (design) and producing our own patented (at least min 2 models/year) products because our brand name is trademarked worldwide (innovation and patents).

- EBITDA for the first 6 months in this year is over 30%

- Have 5 years of experience (we are in this industry from the beginning)

- Easy to scale up our 2 renting business in other capitals or countries.

Products & Services Overview

- We are engaged in the assembly and distribution of electrical vehicles like scooters and hoverboards.

- We also have renting point in the biggest park in Bucharest, the capital of Romania and on city seek tour of the city.

- We could also develop new segments for our company for delivery (like Uber Eats) or takeaway on our electric vehicles and promote our branding on it (more details are available in our business plan)

Assets Overview

We own 1 transportation van and have stock worth EUR 591,000 Besides that, the interiors and furnishings of all the rented properties are owned by the business.

Facilities Overview
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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