Tire Dealers Business Seeking Loan in Krishnagiri, India
Authorized dealer of leading brand, offering branded tyre sales along with servicing at highway showroom.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 500 - 600 thousand |
| Run Rate Sales | USD 690 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Tire Dealers |
| Locations | Krishnagiri |
| Local Time | 3:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
210 thousand
for
11.0%
annual interest,
3
years
(Native Currency: INR 20,000,000)
Reason: Seeking funding for expansion of business and inventory.
Collateral Available: USD 105 thousand
Includes physical assets worth
USD
370 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Authorized dealer of a leading tyre brand, with a showroom strategically located on a highway in Krishnagiri.
- We offer a wide range of tyres, including truck tyres, LCV tyres, car tyres, and two-wheeler tyres.
- In addition to tyre sales, we provide professional wheel alignment and balancing services for cars and trucks.
- Our strong client base consists of 12 fleet owners and over 30 individual customers visiting us daily.
- The showroom is easily accessible for both local residents and travelers, making tyre shopping convenient.
- With a dedicated team of 15 employees, we ensure top-notch service and knowledgeable assistance to our customers.
- Our established clientele and consistent customer flow ensure a steady revenue stream for the business.
- We offer a wide range of tyres, including truck tyres, LCV tyres, car tyres, and two-wheeler tyres.
- In addition to tyre sales, we provide professional wheel alignment and balancing services for cars and trucks.
- Our strong client base consists of 12 fleet owners and over 30 individual customers visiting us daily.
- The showroom is easily accessible for both local residents and travelers, making tyre shopping convenient.
- With a dedicated team of 15 employees, we ensure top-notch service and knowledgeable assistance to our customers.
- Our established clientele and consistent customer flow ensure a steady revenue stream for the business.
Products & Services Overview
Top-selling products include:- Truck tyres.
- LCV tyres.
- Car and two-wheeler tyres.
We also provide car, truck wheel alignment and balancing.
Assets Overview
Tangible assets include:- Building with a built-up area of around 10,000 square feet.
- Stock worth around 75 lakhs.
- Machinery around 1 crore.
These assets cannot be liquidated.
Facilities Overview
We have a built-up area of around 10,000 square feet on a 50-year leasehold land with a single-floor structure.
Capitalization Overview
Funded through a bank loan. It is owned and operated by a sole proprietor. The promoter has an outstanding debt of INR 1.15 crore.
Recent Activity
-
1 day, 9 hours agoCEO & Managing Partner, Bengaluru, M&A Advisor connected with the Business
-
4 days, 10 hours agoFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysChartered Accountant, Indore, Financial Consultant connected with the Business
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Contact Business
2 Investors contacted this Business this week.
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