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Newly Established Tire Dealers Business Seeking Loan in Hyderabad, India

Traders and distributors of tyres and tubes with 1,000 sub-dealers across India seeking funds.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 1 - 2 million
Run Rate Sales USD 2.4 million
EBITDA Margin 10 - 20 %
Industries Tire Dealers
Locations  Hyderabad
Local Time 9:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.7 million for 10.0% annual interest, 6 years (Native Currency: INR 130,000,000)
Reason: As we are getting orders of OTR tyres from infra companies like Megha Engineering, My Home Construct... View More
Collateral Available: USD 2 million
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Trader and distributors of tyres and tubes.

- We deal in all segments like car tyres, bike, truck, OTR, farm & three-wheeler tyres.

- Supply the products to 1,000 sub-dealers across India.

- We are the major distributors of JK Tyres in Telangana and also supply tyres for 15-20 local manufacturers.

- Some of the manufacturers are ARL Tyres, Nandi Tyres, Numex Tyres, and more.

- Deliver products based on the orders placed by the sub-dealers.

- Have 30 years experience in tyre distribution.

- Experienced lower sales last year due to the pandemic.

Products & Services Overview

Trade and distribute:

Car tyres, farm tyres, bike tyres, auto tyres, truck tyres, OTR tyres, pneumatic tyres, butyl tubes for tyres, flaps for tyres, and commercial vehicle tyres.

Assets Overview

The stock of goods worth more than INR 2crore & 2 commercial vehicles for the supply chain.

Facilities Overview

Have an administrative office and a warehouse located in Hyderabad. It is a rented facility measuring around 5,000 sq. ft.

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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