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Newly Established Car Wash Seeking Loan in Dubai, UAE

Securing a business loan for premium car wash services targeting luxury residences in Dubai.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 33 thousand
EBITDA Margin Nil
Industries Car Washes
Locations  Dubai
Local Time 11:20 AM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 54 thousand for 20.0% annual interest, 1 year (Native Currency: AED 200,000)
Reason: We are seeking a loan to initiate a new project and cover working capital requirements. Although we ... View More
Collateral Available: USD 0
Includes physical assets worth USD 13.6 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Car wash business based in Dubai.
- The business is looking for loan to get an on-site project for providing car washing services to luxury villas, targeting residents who value convenience and quality.
- The team consists of 3 skilled employees who provide personalized car washing services directly at customers' homes.
- The business aims to fulfill the growing demand for premium car care in Dubai's upscale residential areas, especially among high-income households.
- Currently, the car wash services have an active customer base of 60-80 satisfied clients, indicating a robust market presence and potential for growth.
- The services offered include thorough exterior washing, interior detailing, and ongoing maintenance packages for luxury vehicles.
- The business model focuses on a community-oriented approach, aiming to build strong relationships with clients for recurring revenue.
- Initial operations will involve renting the necessary equipment and space, with plans to mobilize the project for greater efficiency in service delivery.
- By leveraging high-quality products and excellent customer service, the company seeks to differentiate itself in the highly competitive car wash industry in Dubai.
- The last year annual revenue of the business is missing because we started our operations this year.
Products & Services Overview
Car washing is the best selling services that we provide to our clients.
Assets Overview
Tangible assets include laptops, a car, equipment trolleys, car washing spray machinery, and cleaning materials.
The intangible asset is a trade license.
Facilities Overview
The business operates from a 2-seater office in Dubai on monthly rent.
Capitalization Overview
The business is operated by 2 employees and 2 partners with equal 50-50 ownership and no outstanding loans.
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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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