Newly Established Used Car Dealers Business Investment Opportunity in Delhi, India
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | General Partnership |
Reported Sales | USD 140 thousand |
Run Rate Sales | USD 830 thousand |
EBITDA Margin | 6 % |
Industries | Used Car Dealers |
Locations | Delhi |
Local Time | 9:02 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The business currently employs a dedicated team of 7 professionals focused on providing excellent customer service and expert advice.
- Key offerings include a diverse selection of quality used cars, along with additional services like car loans, insurance options, and an exchange program for customers looking to sell their vehicle.
- Unique selling points include financing options for diesel cars under 7 years old, NOC (no objection certificate) services across all states, and complimentary servicing with the first service free.
- Each sale comes with a one-month warranty covering the engine and transmission, instilling confidence in purchasers regarding vehicle reliability.
- The average order value typically stands around INR 8 lakh, providing potential for significant profitability and return on investment as sales are anticipated to grow.
- The projected revenue generated for this year is much greater than the previous year because the business had just started last year.
- Even though the employee count is only 7, we are able to generate such high revenue because many of the customers sell their cars directly to other customers and for this, we do not have to purchase the cars, but instead we get a commission for such sales.
We have around 130+ customers so far, and have both B2C (business to consumer) and C2C (consumer to consumer) sales.
Intangible assets: Government registration document, GST registration.
The business has rented a parking space for cars and rent per month is INR 12,000 for this.
There are 3 shareholders where the business owner has 92% stake, and the other two shareholders have 4% each.