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Used Car Dealers Business Investment Opportunity in Bridgetown, Barbados

Used car dealer for imported & locally sourced vehicles seeks investment to launch vehicle rentals.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 53 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 30 - 40 %
Industries Used Car Dealers
Locations  Bridgetown
Local Time 1:47 AM America / Barbados
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 125 thousand for 25.0% stake (Native Currency: BBD 250,000)
Reason: Investment is needed to secure physical lot in a convenient location, hire additional staff and to m... View More
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Business Overview
The business has succeeded significantly over the past 3 years and demand has far outstripped supply hence the need for urgent investment to capitalize on the explosive increase in demand.
We are now interested in an investor willing to be a long-term partner, work closely with, and help take the business to the next level, establishing dominance in the sector and securing a physical location as well as the hiring of permanent staff and additional procurement of stock from Japan, Europe, and Asia.
Our current advertising budget is $0 as our social media channels generate all of our clients in addition to word of mouth.
We are currently overwhelmed with customers and see no need to establish an advertising budget right now.
We work closely with financial institutions to provide a complete cohesive product to customers.
Products & Services Overview
Importation of vehicles.
Vehicle sales.
Vehicle advertising.
Commission sales.
Vehicle rentals.
Procurement.
Assets Overview
Business branding, social media pages in excess of 3,000 followers, proprietary customer management software, vehicles, valet equipment, office equipment, printer, laptops, and computers.
Facilities Overview
Business is primarily online, stock is kept at various locations in addition to those determined by affiliated dealers. We do not currently pay any leases or bills, business is ripe for investment.
Capitalization Overview
Business is debt-free and cash flow positive. All income is placed back into procuring additional stock locally/from Japan/Asia. In essence, the entity is self-funded. 100% owned by the promoter who has full authority to authorize the sale of a portion of the business.
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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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