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Profitable Car Wash Seeking Loan in Chennai, India

Premier car detailing/washing business seeks funding for debt clearance, expansion, and long-term growth.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 25 thousand
Run Rate Sales USD 41 thousand
EBITDA Margin 40 %
Industries Car Washes
Locations  Chennai
Local Time 4:47 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 34 thousand for 12.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: We need this funding to clear minor outstanding debts, acquire additional machinery, and strengthen ... View More
Collateral Available: USD 51 thousand
Includes physical assets worth USD 22.5 thousand
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Business Overview
- The business operates in the car wash and detailing industry in Chennai, emphasizing high client satisfaction, evidenced by a steady base of over 200 regular clients and an additional 50 walk-ins monthly.
- Specializes in a diverse range of premium car care services including car washing, ceramic coatings, graphene coatings, and paint protection film (PPF) applications.
- The current monthly clientele exceeds 250, indicating a demand beyond current capacity, signaling potential for further expansion.
- With a compact team of just 3 employees, the business efficiently manages operations, highlighting effective workforce utilization.
- The business is located in Chennai, catering to a bustling market with a rising demand for vehicle maintenance and protective services.
- Service excellence drives business growth with a focus on high-quality offerings such as graphene coatings and PPF applications, appealing to vehicle enthusiasts seeking long-term protection.
- Established as a frontrunner in the car wash industry, leveraging customer satisfaction as a cornerstone of its service model to sustain a strong client retention rate.
Products & Services Overview
The business's top-selling services include car washing, ceramic coatings, graphene coatings, and paint protection film (PPF) applications.
Assets Overview
Tangible assets include detailing equipment such as vacuum cleaners, foam machines, dual-action (DA) polishers, sanitizers, air compressors, steam generators, and both cold and hot water jet washers.
Facilities Overview
The business operates from a leased property located in a mall, under a renewable lease agreement.
Capitalization Overview
The entire investment has been self-funded. However, some debts have been incurred due to a recent location shift.
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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