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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 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.18 million
Run Rate Sales USD 1.2 million
EBITDA Margin Operating at loss
Industries Motorcycle Dealers
Locations  Chennai
Local Time 4:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 236 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 207 thousand
Interested to connect with advisors
Name, Phone, Email
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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.
Capitalization Overview
Not Disclosed
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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