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Luxury Vehicles Company for Sale in Mumbai, India

For sale: B2B chauffeur driven luxury car hire specialising in films, events, wedding transportation.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 470 thousand
Run Rate Sales USD 440 thousand
EBITDA Margin 10 - 20 %
Industries Vehicle Rental + 1 more
Locations  Mumbai
Local Time 3:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 840 thousand (Native Currency: INR 80,000,000)
Reason: Owner moving abroad.
Includes physical assets worth USD 740 thousand
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Business Name
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Business Overview
- Vehicle rental business specializing in luxury cars and bikes.
- The annual revenue is about INR 5 crore, with 50 cars and 15 bikes including luxury, sports, executive & vintage cars with experienced team and drivers.
Products & Services Overview
Luxury cars for film & movie shoots, HOD transport, and celebrity transport.
Assets Overview
Tangible assets.
- 50 cars.
- 10 bikes.
- Office setup.
Current assets:
- Receivables of INR 1.5 crore.
Facilities Overview
We have a leased 100 car parking with office and a inhouse mechanical and maintenance setup.
Capitalization Overview
The business is 100% owned by a single owner - loans are for approximately INR 3 crore but these are against assets which have a current value of INR 4 crore so even if it's sold it will give a surplus cash of INR 1 crore. We also have Receivables of INR 1.5 crore and maximum INR 50 lakh payable.
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1 Buyer contacted this Business this week. Register below to connect now!
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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