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Newly Established Used Car Dealers Business Seeking Loan in Guwahati, India

Seeking funds to start a used car dealership business in Assam.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Used Car Dealers
Locations  Guwahati
Local Time 11:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 20.0% annual interest, 1 year (Native Currency: INR 1,500,000)
Reason: Funds will be used to register the company, set up an office, hire employee and kick-start the opera... View More
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

Startup that will deal in buying and selling of used cars. The business is yet to start and we will register the company after raising funds. Founder has an experience of 3 years in this industry and plan to start a new company in the used car dealership space.

We have experience in price evaluation of used cars, transfer of vehicle RC and insurance. We plan to promote our startup and attract used car sellers / buyers through Facebook and Instagram. We also plan to buy used cars from car brokers. We have 3-4 car brokers in our network.

USP of our startup will be to provide the transfer of ownership from seller to the new buyer in a very short duration. We have also arranged a small land for parking which can accommodate 5-6 cars.

Products & Services Overview

Buy and sell used cars. We plan to deal in SUVs, sedan, hatchback, trucks, JCBs, buses and commercial vehicles.

Assets Overview

Do not own any physical assets.

Facilities Overview

We do not have any facility at the moment. After raising funds, we will set up a small office and a parking area.

Capitalization Overview
Not Disclosed
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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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