↩ Go Back
Need help?

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

Used car & bike dealership company that also wishes to enter event-management industry seeks loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Event Management + 1 more
Locations  Pithoragarh
Local Time 12:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 6 thousand for 9.09% annual interest, 3 years (Native Currency: INR 500,000)
Reason: The owner is seeking a loan to develop their business.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 400
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Aadhar
Business Overview

- The business has 2 verticals, firstly they are used cared cars and bikes dealership, and secondly they will be serving in an event management as well.

- The owner has 2+ years of experience working in used car dealership and they have developed very good contacts. They have also developed good contacts in the event management industry by working for 6 months.

- We have 300+ customers database who are looking to sell their cars and 100+ customers database who are looking to buy cars.

- We have a few clients for the event management business as well.

- The business has taken a place on rent and the interior work in taking place right now and it has not yet started its operations.

Products & Services Overview

- Second-hand cars and bikes dealers.

- Event management services.

Assets Overview

The business has purchased a counter and a laptop for its business.

Facilities Overview

We have recently rented a shop in Pithoragarh. And we pay a rent of INR 3k for a space of 450 sqft.

Capitalization Overview

Self-funded business with INR 1L invested by one owner, who has complete control in the business. The business does not have any debts or loans.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

13 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more