Profitable Used Car Dealers Company Seeking Loan in Chennai, India
Established | 1-5 year(s) |
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 |
Locations | Chennai |
Local Time | 12:23 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
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Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business