Used Car Dealers Business Seeking Loan in Channarayapattana, India
Pre used car business from Karnataka seeks a business loan for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 173 thousand |
| Run Rate Sales | USD 490 thousand |
| EBITDA Margin | 5 % |
| Industries | Used Car Dealers |
| Locations | Channarayapattana |
| Local Time | 8:21 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
58 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: We are aiming for nationwide business expansion and are looking to purchase additional cars to broad...
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Collateral Available: USD 0
Includes physical assets worth
USD
58 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration Certificate
(1.1 MB)
Income Tax Return
(407.1 KB)
Business Overview
- The business operates in the used car dealership industry in Channarayapattana, specializing in pre-owned vehicles.
- Offers a range of vehicles including high-profile, mid-profile, low-profile cars, and sports versions to cater to varied customer preferences.
- We deal in second-hand vehicles sourced from platforms such as OLX, Spinny, Cars24, and CarDekho. The business has been operating for around 10 years, showcasing extensive experience in buying, selling, and exchanging various car models.
- Each month, the dealership successfully sells 5-6 cars, on a monthly basis.
- We also give our vehicles in an EMI option.
- The team consists of 2 dedicated employees, ensuring personalized customer service and attention to detail.
- The business's solid financial background is validated by its declared income tax returns, appealing to potential investors looking for a stable investment opportunity.
- The monthly revenue may appear high relative to the number of employees because the high value of the cars we sell enables us to generate substantial revenue with just two employees.
- The business has experienced significant growth compared to last year, largely driven by word-of-mouth from satisfied clients. We have also established a monopoly in our town within this sector.
- Offers a range of vehicles including high-profile, mid-profile, low-profile cars, and sports versions to cater to varied customer preferences.
- We deal in second-hand vehicles sourced from platforms such as OLX, Spinny, Cars24, and CarDekho. The business has been operating for around 10 years, showcasing extensive experience in buying, selling, and exchanging various car models.
- Each month, the dealership successfully sells 5-6 cars, on a monthly basis.
- We also give our vehicles in an EMI option.
- The team consists of 2 dedicated employees, ensuring personalized customer service and attention to detail.
- The business's solid financial background is validated by its declared income tax returns, appealing to potential investors looking for a stable investment opportunity.
- The monthly revenue may appear high relative to the number of employees because the high value of the cars we sell enables us to generate substantial revenue with just two employees.
- The business has experienced significant growth compared to last year, largely driven by word-of-mouth from satisfied clients. We have also established a monopoly in our town within this sector.
Products & Services Overview
Cars are our top-selling products, primarily purchased by local customers for travel purposes.
Assets Overview
Currently, we have 10 cars as physical assets.Our intangible assets include the Udyam Registration Certificate and GST registration.
Facilities Overview
We operate from our residential premises, where we park and manage the second-hand cars.
Capitalization Overview
The business is a partnership between two members, with investments based on market value.There are no outstanding loans, and ownership is equally shared at 50% each.
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