Used Car Dealers Business Seeking Loan in Chhindwara, India
Established auto sales and repair business in Central Chhindwara seeks debt funding.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 190 thousand |
| Run Rate Sales | USD 200 thousand |
| EBITDA Margin | 5 % |
| Industries | Auto Repair and Service + 1 more |
| Locations | Chhindwara |
| Local Time | 9:18 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
335 thousand
for
8.0%
annual interest,
3
years
(Native Currency: INR 30,000,000)
Reason: We need funding of INR 3 crore to add more inventory which will help us scale the operation quickly....
View More
Collateral Available: USD 0
Includes physical assets worth
USD
162 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Used car dealership and complete auto service workshop.
- We have a 4-star rating and offer good after-service deals to maintain good relations with our customers.
- 16 years in this business indicates a great response to our work.
- Our prime goal is customer satisfaction and this aids our word-of-mouth marketing.
- For our workshop, we have about 100 fixed clients.
- We have a 4-star rating and offer good after-service deals to maintain good relations with our customers.
- 16 years in this business indicates a great response to our work.
- Our prime goal is customer satisfaction and this aids our word-of-mouth marketing.
- For our workshop, we have about 100 fixed clients.
Products & Services Overview
- Used vehicle sale and purchase.- Complete automotive workshop.
Assets Overview
Tangible assets include the 18-19 vehicles in inventory worth INR 1.15 crore.The other assets include the workshop equipment worth INR 20-30 lakh.
Facilities Overview
Rented open parking of 25,000 sq. ft. for our vehicles and our auto workshop is in a rented space of 5,000 sq. ft. We are located in Central Chhindwara.
Capitalization Overview
- Sole proprietorship.- We have self-funded the business and now have a business loan of INR 20 lakh and external funding of INR 30 lakh.
Recent Activity
-
Earlier than 15 daysChartered Accountant, Indore, Financial Consultant connected with the Business
Tags:
Starter & Alternator Repair Business Seeking Loan in Chhindwara, India
·Auto Repair and Service Business Seeking Loan in Chhindwara, India
·Lend to Starter & Alternator Repair Business in Chhindwara, India
·Lend to Auto Repair and Service Business in Chhindwara, India
·Used Car Dealers Business Seeking Loan in Chhindwara, India
·Auto Fabrication Business Seeking Loan in Chhindwara, India
·Auto Garage Business Seeking Loan in Chhindwara, India
·Bike Repair Business Seeking Loan in Chhindwara, India
·Auto Repair Business Seeking Loan in Chhindwara, India
·Lend to Used Car Dealers Business in Chhindwara, India
·Lend to Auto Fabrication Business in Chhindwara, India
·Car Repair Business Seeking Loan in Chhindwara, India
·Starter & Alternator Repair Business Seeking Loan
·Lend to Auto Garage Business in Chhindwara, India
·Lend to Bike Repair Business in Chhindwara, India
·Lend to Auto Repair Business in Chhindwara, India
·Lend to Car Repair Business in Chhindwara, India
·Auto Repair and Service Business Seeking Loan
·Lend to Starter & Alternator Repair Business
·Lend to Auto Repair and Service Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses