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Motorcycle Dealers Business Seeking Loan in Visakhapatnam, India

Reputable two-wheeler dealer in Visakhapatnam with an emphasis on luxury brands like Royal Enfield.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 700 thousand
Run Rate Sales USD 770 thousand
EBITDA Margin 18 %
Industries Motorcycle Dealers
Locations  Visakhapatnam
Local Time 8:36 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.17 million for 10.0% annual interest, 5 years (Native Currency: INR 100,000,000)
Reason: The loan will help expand the business by establishing multiple branches throughout the state of And... View More
Collateral Available: USD 0
Includes physical assets worth USD 234 thousand
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Business Overview
The business is located in Visakhapatnam, a prominent city in Andhra Pradesh, India, and operates in the auto dealer industry.
With a workforce of 40 employees, the business has established itself as the leading used two-wheeler mall in Andhra Pradesh, with nearly 20 years of experience in the field.
The business specializes in the large-scale selling of two-wheelers and the purchase of used two-wheelers, offering a wide range of products and services in this segment.
The team is well-trained and disciplined, reflecting the company's commitment to professionalism and expertise in the industry.
As the largest used two-wheeler store in Andhra Pradesh, the business has developed a strong reputation for reliability and quality in the used vehicle market. The business deals with bikes in the mid-range to high-end segments. Some major brands include Royal Enfield, KTM, and Honda.
The company's extensive experience and leading position in the market make it an attractive investment opportunity within the auto dealer industry.
Products & Services Overview
The Royal Enfield motorcycles are the highest-sold items in our store.
Assets Overview
The business currently holds over 200 bikes and their spare parts as stock assets. The 200 bikes cost a little over INR 1.5 crore.
Facilities Overview
We operate from a 10,000-square-foot single-floor buildup area with a 10-year lease.
Capitalization Overview
At present, we do not have any outstanding loans and are fully funded by the owners themselves, and there are four partners, which are divided accordingly.
Recent Activity
  • Earlier than 15 days
    Consultant, Jaipur, Financial Consultant connected with the Business
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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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