Profitable Used Car Dealers Company Seeking Loan in Chennai, India
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 700 - 800 thousand|
|Run Rate Sales||USD 900 thousand|
|EBITDA Margin||30 - 40 %|
|Industries||Used Car Dealers|
|Local Time||12:23 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Have sold 386 cars in a year and made the best deals in the market.
- Currently, selling around 15-25 cars monthly.
- We refurbish the car if any damages and then sell them to the customer.
- A car is sold at an average of INR 3 lakhs higher than the price sold to us.
- The user can take the car for an independent inspection before making a purchase.
- Financing options like loans are available for purchasing a used car. We have tied with 20 banks that will provide loans. We also receive a commission of 3% of the loan amount from the bank.
- We supply cars all over Tamil Nadu based on requirements from dealers and direct customers.
- We are able to generate the provided revenue since we are able to sell a good number of cars monthly and we have a good margin.
- Company is registered in Kovur which is 22 km away from Chennai.
We buy and sell genuine quality pre-owned cars for the best price in the market.
Tangible assets include 2 premium cars and 4 normal-brand cars.
Our showroom is located in the south of the city on 3,000 Square feet Building with a monthly rent of INR 70,000.
- Single owner.
- No debts or loans.
- Business is funded by personal funds.
Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business