Used Car Dealers Business Seeking Loan in Channarayapattana, India
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 |
- 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.
Our intangible assets include the Udyam Registration Certificate and GST registration.
There are no outstanding loans, and ownership is equally shared at 50% each.