Profitable Automotive Accessories Company Investment Opportunity in Pune, India

Startup having developed a motorized jack for car lifting, seeking funds to begin commercial production.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
30 %
Locations
Local Time
3:03 AM Pune
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 140 thousand for 50.0% stake (Native Currency: INR 10,000,000)
Reason: To upgrade setup manufacturing unit and for operational expenses.
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are a startup and have a completely tooled up / developed Wiper Motor for Three Wheeler. It can replace the existing OEM supplier with the cost reduction of more than Rs. 100 / -per piece.

- The potential of this business is around 18 to 20 Cr per year.

- Have very good rapport with all these potential three wheeler manufacturers and they are willing to introduce our Motor.

- Have been working on prototypes of a uniquely designed motorized jack, which can be used for car lifting during flat tire conditions.

- This motorized jack would operate using car's battery and can lift vehicles weighing up to 5 tonnes. This jack is portable, fatigue free and can be operated using remote control.

- We have identified certain vendors and OEMs who are willing to buy our product in bulk. Also, we have identified online marketplaces, where we can sell our product.

- Have developed a DC Motor for one home equipment and supply will commence in the month of February 2019. The requirement can reach around 5 Cr per year.

- Seeking funds to upgrade the existing setup to start bulk production of all.

Products & Services Overview

Wiper Motor for Three Wheelers, Motorized jack for car lifting during flat tire condition, DC Motor for home equipment, Tyre Inflator for cars.

Facilities Overview
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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