Used Car Dealers Business Seeking Loan in Balasore, India
Used commercial and domestic vehicle showroom in Balasore that sells 20+ vehicles monthly.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 500 - 600 thousand |
| Run Rate Sales | USD 295 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Used Car Dealers |
| Locations | Balasore |
| Local Time | 9:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
58 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: Funds are required for business expansion and working capital requirements.
Collateral Available: USD 0
Includes physical assets worth
USD
103 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(49.2 KB)
Business Overview
- We are one of the first used vehicle showrooms in Balasore.
- Our showroom has a large client base from all over Odisha.
- We sell around 20 to 27 vehicles every month.
- We only deal in 4-wheelers.
- Our business experienced a reduction in the run rate sales due lack of working capital.
- Our showroom has a large client base from all over Odisha.
- We sell around 20 to 27 vehicles every month.
- We only deal in 4-wheelers.
- Our business experienced a reduction in the run rate sales due lack of working capital.
Products & Services Overview
We deal in all kinds of used car of brands such as Maruti, Mahindra, Toyota, etc.Now we are planning to expand this online through our own website so that we will be able to capture the whole Odisha market through our own platform.
Assets Overview
Physical assets include more than 30-35 vehicles in the showroom.
Facilities Overview
Our facility is having an office area of 1,200 sq ft with additional space for vehicle storage of 3,000 sq ft. We have a rented showroom.
Capitalization Overview
The business is funded by owners' capital. The company has one owner with a 100% stake in the company. The business does not have any outstanding liabilities.
Recent Activity
-
Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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