Need help?

Motorcycle Dealers Company Investment Opportunity in Chennai, India

Electric scooter dealer of a well known brand with 8 showrooms in Chennai.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.3 million
Run Rate Sales USD 1.4 million
EBITDA Margin Operating at loss
Industries Motorcycle Dealers
Locations  Chennai
Local Time 2:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 270 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: Seek funds in order to increase the inventory & stock. We have numerous orders but are currently una... View More
Includes physical assets worth USD 230 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We provide sale and service of electric scooters of a well known brand at our showrooms.

- Have around 8 showrooms in Chennai and a regular customer base of 3,000 people.

- On average we get around 120-150 customers per day through walk ins, online inquiries and telephone inquiries.

- We have been awarded as the No. 1 dealer in South India and No. 4 dealer pan India by the main brand.

- Stock all models of the brand's vehicles at our stores and also have spare parts for the same.

- Promoter has 8 years of experience in the vehicle retail sector and 22 years of corporate experience.

- Presently the firm does not have enough stock to meet the number of orders we receive and have been operating at a net loss due to our fixed costs.

Products & Services Overview

Vehicle sales, spare part sales, services and accessories sales.

Assets Overview

The main business assets include the stock of vehicles and spares. Apart from this we keep tools and special equipment for service of vehicles. We also have computers and other office equipment at our showrooms.

Facilities Overview

8 rented showrooms with a total built up area of 6,000 sq. ft.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more