Used Car Dealers Business Seeking Loan in Bengaluru, India
Used car dealership based in Bangalore, selling 25-30 cars a month seeks funding to buy more inventory.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 400 thousand |
| EBITDA Margin | 15 % |
| Industries | Used Car Dealers |
| Locations | Bengaluru |
| Local Time | 2:21 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
333 thousand
for
10.0%
annual interest,
10
years
(Native Currency: INR 30,000,000)
Reason: For working capital required to purchase cars.
Collateral Available: USD 16.7 thousand
Includes physical assets worth
USD
16.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Form 4 License (1)
(91.6 KB)
Form 4 License (2)
(94.1 KB)
Business Overview
- A used car dealership based in Bangalore.
- We buy and sell mainly economic cars. Also buying and selling a few premium cars.
- We buy and sell only certified used cars.
- Purchase an average of 40 cars per month.
- We sell between 25-30 cars per month.
- The property we have (dealership) can hold a maximum of 40 cars at a point of time.
- Revenue has increased this year as we have been able to sell a higher number of cars during the past few months.
- Physical assets include cars and dealership setup.
- We buy and sell mainly economic cars. Also buying and selling a few premium cars.
- We buy and sell only certified used cars.
- Purchase an average of 40 cars per month.
- We sell between 25-30 cars per month.
- The property we have (dealership) can hold a maximum of 40 cars at a point of time.
- Revenue has increased this year as we have been able to sell a higher number of cars during the past few months.
- Physical assets include cars and dealership setup.
Products & Services Overview
1. Certified used cars. 2. All paper work. 3. Pre and post delivery kit.
Facilities Overview
Property is rented and has an area of 2,800 Sq. Ft. Rent is Rs. 1.08 lakhs per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
Tags:
Used Car Dealers Business Seeking Loan in Bangalore, India
·Lend to Used Car Dealers Business in Bangalore, India
·Used Car Dealers Business Seeking Loan in Bengaluru
·Lend to Used Car Dealers Business in Bengaluru
·Used Car Dealers Business Seeking Loan
·Lend to Used Car Dealers Business
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