Motorcycle Dealers Business Investment Opportunity in Palwancha, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 54 thousand |
Run Rate Sales | USD 60 thousand |
EBITDA Margin | 12 % |
Industries | Motorcycle Dealers |
Locations | Palwancha |
Local Time | 1:38 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The business was started in New Palwancha in April of last year. We are into a combination of activities that includes marketing electric vehicles, manufacturing L. F. P/NMC world-class battery packs, assembling electric vehicles, converting IC engine vehicles to electric, and supply of all types of EV spares.
- Right now, the revenue is coming only from the sale of electric vehicles and the conversion of IC vehicles to a hybrid or 100% EV. We can convert a vehicle within a day.
- Since one and a half years of our journey, we have sold approximately 200 vehicles.
- Our main branch was established in New Palwancha and after 6 months we opened another branch in Khammam Corporation. Other than this we are also selling vehicles through franchises and dealers.
- We are a start-up that was founded to ignite the e-mobility revolution in India. Our founders had humble beginnings but ambitious dreams. What started as a dream to make electric vehicles within the reach of every Indian citizen, has now transformed into one of India’s leading EV start-ups. Our visionary approach to accelerating the national drive to EVs is built on consistent hard work, the capability to manufacture world-class L. F. P/NMC battery packs, and a strong commitment to practising sustainable innovation.
- We are looking to further develop our business with the help of a good investor.
- The business is currently held by a single owner, has no bank liabilities, and enjoys a good relationship with local associations and state authorities.
- The business was established four years ago but it started operations only 18 months back.
Retail of electric 2W's, and conversion of IC engine 2W, 3W, and 4W to hybrids or 100% EV.
We will soon start LFP battery manufacturing and the sale of EV spares.
Physical assets are equipment and conversion kits worth INR 40 lakh.
Two leased showrooms in the Palwancha and Khammam districts of Telangana, India.
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Earlier than 15 daysManaging Director, IT & Business Services Consulting, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGM, Conglomerate, Mumbai, Individual Investor / Buyer connected with the Business