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Small Used Car Dealers Business for Sale in Coimbatore, India

Car reselling platform with subscription-based model, working with 300+ dealers and has 4,000+ car sales.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 3 thousand
EBITDA Margin Nil
Industries Used Car Dealers + 1 more
Locations  Coimbatore
Local Time 2:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: Proprietor is looking to sell the business as he does not have the financial strength to fund the fu... View More
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Business Overview

- Up and coming car reselling platform with potential to grow, based in Coimbatore, Tamil Nadu.

- We are a subscription-based platform. Dealers pay INR 1,000 to list their cars on our website.

- We have 10,000+ downloads on playstore.

- We currently have 300-400 dealers who are subscribed.

- We have sold 4,000+ cars through our website.

- We have 40-50 new subscribers per month and get 12-15 renewals per month.

- We started charging for the subscription from this year due to the good response from dealers. We were giving free subscriptions prior to this.

- We have 6 employees working as tech support.

Products & Services Overview

We are a subscription-based business that sells subscription plans to dealers who sell used cars. Dealers can list their used cars on our platform to sell them.

Assets Overview

Main assets are our website and app.

Facilities Overview

We have a rented office in RS Puram, Coimbatore. The rent is INR 40,000.

Capitalization Overview

We are two partners, and the business is completely funded by us. The business has no outstanding liabilities.

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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