Profitable Electric Vehicles Business for Sale in Kolhapur, India
For Sale: 35-year experienced promoter offering 4 ICAT-approved EV 2W. And 3 high speed scooters.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 20 - 30 % |
| Industries | Electric Vehicles |
| Locations | Kolhapur |
| Local Time | 11:01 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
340 thousand
(Native Currency: INR 32,500,000)
Reason: The promoter having health and financial issues and, hence wishes to sell the business.
Includes physical assets worth
USD
340 thousand
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company PAN Card
(69.7 KB)
Business Overview
- Promoters have 32 years of experience in the 2-wheeler industry.
- We have identified three high-speed models ready for launch in 3-4 months, pending sufficient working capital availability.
- We have established relationships with both local and overseas vendors, and we have access to an assembly line expertise/team, available on a salary or contract basis.
- We have secured a strategic partnership with the leading battery manufacturer, ensuring competitive pricing.
- We have also partnered with transportation and accessories manufacturers to support our operations.
- Our business includes valuable tie-ups with homologation agencies to facilitate regulatory compliance and approvals.
- We outsource work, based on our requirements from time to time.
- We experienced high growth this year due to a surge in demand.
- Buyer has to move to a new location, to run the business.
- The business is not generating any revenue right now therefore the monthly sales is zero.
- The business has company PAN card and ICAT approval.
- We have identified three high-speed models ready for launch in 3-4 months, pending sufficient working capital availability.
- We have established relationships with both local and overseas vendors, and we have access to an assembly line expertise/team, available on a salary or contract basis.
- We have secured a strategic partnership with the leading battery manufacturer, ensuring competitive pricing.
- We have also partnered with transportation and accessories manufacturers to support our operations.
- Our business includes valuable tie-ups with homologation agencies to facilitate regulatory compliance and approvals.
- We outsource work, based on our requirements from time to time.
- We experienced high growth this year due to a surge in demand.
- Buyer has to move to a new location, to run the business.
- The business is not generating any revenue right now therefore the monthly sales is zero.
- The business has company PAN card and ICAT approval.
Products & Services Overview
ICAT approved and certified 4 scooter models with certificates. & 3 high-speed scooters. Brand name and soft assets.
Assets Overview
Tangible assets:- Approximately 90 scooters, accessories, display stands, leaflet stands, and more.
Intangible assets:
1. List of over 200 investors who are interested in becoming electric vehicle (EV) dealers.
2. A comprehensive nationwide network development plan documented with projections, finance requirements, and manpower details.
3. An inventory comprising.
4. Ownership of the brand name and associated rights.
5. Please note that land and building assets are not included as part of this proposal or deal.
6. Established business tie-ups and relationships with various vendors and partners.
Facilities Overview
The business has an office facility but the office, land and buildings are not part of the transaction.
Capitalization Overview
- This business is loan-free and running on the capital of promoters.- The business has liabilities worth INR 70 lakhs.
- Family-owned business with 2 shareholders, 95-5% split.
Recent Activity
-
Director, Pune, M&A Advisor connected with the Business
-
CEO, Chennai, Financial Consultant connected with the Business
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
4 Buyers already contacted this
Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 74,000+ other businesses of all sizes.
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
