↩ Go Back
Need help?

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 200 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 5 %
Industries Auto Repair and Service + 1 more
Locations  Chhindwara
Local Time 12:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 360 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 170 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.

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.

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

2 Investors viewed this Business this month.
Register below to connect now!

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

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more