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Newly Established Automobile Parts Wholesale Business Seeking Loan in Firozabad, India

Auto parts wholesale venture in need of funding to expand product lines and stock availability.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 68 thousand
EBITDA Margin 0 - 10 %
Industries Automobile Parts Wholesale
Locations  Firozabad
Local Time 3:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.3 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: The business is seeking a loan to increase inventory levels of high-demand lubricants and maintenanc... View More
Collateral Available: USD 0
Includes physical assets worth USD 11.3 thousand
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Business Overview
- Located in Firozabad, this newly established small business specializes in the wholesale and retail of automobile parts, catering to the automotive industry.
- The company trades a variety of high-quality auto parts, ensuring a diverse product range for its clients.
- Their primary customer base includes B2B clients such as auto parts sellers and mechanics, fostering strong relationships within the local automotive market.
- They also serve approximately 5-10 retail individual customers daily, allowing them to capture a broader market segment.
- The business is certified with GST and MSME, affirming its compliance with regulatory standards and enhancing its credibility.
- Revenue is generated through both wholesale transactions with business clients and retail sales to individual customers, providing a steady income stream.
Products & Services Overview
The business mainly sells high-demand lubricants and essential maintenance items such as engine oils, coolants, and filters. These products are widely used by garages and mechanics for regular vehicle servicing and by auto parts sellers for resale. Individual customers also purchase these lubricants for routine upkeep of their two-wheelers and four-wheelers or to provide to their local mechanic during service.
Assets Overview
Tangible assets:
- Stock.
- Furniture and fixtures.
Facilities Overview
The business operates from a rented facility and the monthly rent is INR 30,000.
Capitalization Overview
- Sole owner.
- No loans or debts.
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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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