Newly Established Auto Repair and Service Business Seeking Loan in Mangalore, India
Mangalore based business looking to set up an automotive service center for cars and trucks.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Auto Repair and Service |
| Locations | Mangalore |
| Local Time | 2:36 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
57 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: To expand business.
Collateral Available: USD 0
Includes physical assets worth
USD
57 thousand
Interested to connect with advisors
Documents
Service Center Front View
(408.3 KB)
Business Overview
- Business is still in the pre-revenue phase.
- The owners have an existing automotive service business in Oman that has been operational for 40 years. They are now looking to start a new automotive service center venture in Mangalore.
- This is separate from the Oman business, and investment willy only be for the Mangalore based service center.
- The land for the service center has been taken on lease and the construction and set up is completed.
- We will be providing complete automotive services where all the vehicle needs will be covered under one roof.
- We expect to begin operations by next month.
- Business is currently in the process of registering as a private limited company.
- The owners have an existing automotive service business in Oman that has been operational for 40 years. They are now looking to start a new automotive service center venture in Mangalore.
- This is separate from the Oman business, and investment willy only be for the Mangalore based service center.
- The land for the service center has been taken on lease and the construction and set up is completed.
- We will be providing complete automotive services where all the vehicle needs will be covered under one roof.
- We expect to begin operations by next month.
- Business is currently in the process of registering as a private limited company.
Products & Services Overview
Car & truck wash & services (steam, jet, express), sterilization of vehicles, oil change - automated & manual, sale of multi brand tyre's and their work, all kind of mechanical work, car modification (electrical, body work), paint jobs and vinyl wrapping, complete solution for all the cars and trucks at one location, complete showroom experience at a lower price.
Assets Overview
Car wash machines, tools and equipment, tyre equipment, and body shop equipment.
Facilities Overview
The land has been leased for 10 years with suitable structure already available.Located on NH Road.
Total area of land is 31 cents with 3,500 Sq. Ft. area already built up.
Interior work under progress.
Project plan, project report, work plan all available.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Epoxy Manufacturer, Bengaluru, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Maharashtra, Financial Advisor connected with the Business
-
Earlier than 15 daysFinance Manager, Gaming, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
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·Newly Established Auto Repair and Service Business Seeking Loan in Mangalore, India
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·Lend to Newly Established Auto Repair and Service Business in Mangalore, India
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·Lend to Newly Established Auto Fabrication Business in Mangalore, India
·Newly Established Car Repair Business Seeking Loan in Mangalore, India
·Newly Established Auto Fabrication Business Seeking Loan in Mangaluru
·Newly Established Starter & Alternator Repair Business Seeking Loan
·Lend to Newly Established Auto Garage Business in Mangalore, India
·Lend to Newly Established Bike Repair Business in Mangalore, India
·Lend to Newly Established Auto Repair Business in Mangalore, India
·Lend to Newly Established Car Repair Business in Mangalore, India
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