Newly Established Car Wash Seeking Loan in Salem, India

Newly established company providing complete car care solutions seeks funding to set up workshops.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
11:16 AM Salem
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 35 thousand for 12.0% annual interest, 5.0 years (Native Currency: INR 2,500,000)
Reason: To set up the workshops and buy machineries.
Collateral Available: USD 210 thousand
Includes physical assets worth USD 28 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- May 2018 established company providing complete car care services.

- Before this we were a sole proprietorship firm and were operating a workshop on an area of 1,200 Sq Ft.

- Have now formed a private limited company.

- We have a land area of 40,000 Sq Ft and we are planning to open multiple workshops each measuring 1,500 Sq Ft.

- For publicity of our company we are distributing flyers, attending events, putting up advertisements on local newspaper along with social media and digital marketing.

- Promoter has an experience of 5 years in this industry.

Products & Services Overview

Car Wash, Car Detailing, Wheel Alignment & Air Conditioning.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
  • Earlier than 15 days
    Managing Director, Coimbatore, Financial Consultant connected with this business
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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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