Used Car Dealers Business Seeking Loan in Delhi, India

Used car dealership for sedan, SUV, and luxury vehicles, selling 30+ cars per month.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 220 thousand
EBITDA Margin
20 - 30 %
Industries
Locations
Local Time
12:27 AM India
Listed By
Management Member
Status
Active
Overall Rating
Seeking Loan
USD 270 thousand for 14.0% annual interest, 2 years (Native Currency: INR 20,000,000)
Reason: Seeking funds to expand our business by setting up new branches primarily in Delhi / NCR and Jaipur.
Collateral Available: USD 0
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Used car dealership for all car segments. We primarily sell sedan, SUV, and luxury cars.

- We purchase 40 cars on a monthly basis from various sources such as individuals, Cars24, CarDekho, and CarTrade.

- Apart from selling cars, we also provide services for RC transfer and insurance.

- Most of our purchases are sold within a month.

- We are seeking funds to expand our business by setting up new branches in Delhi / NCR and Jaipur.

- Promoter has 8+ years of industry experience.

- Won Certificate of Excellence from Cars24 for exemplary service.

- Business owned assets include the stock.

Products & Services Overview

Used car dealership for all car segments.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with this business
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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.
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