Used Car Dealers Business Seeking Loan in Delhi, India
Used car dealership for sedan, SUV, and luxury vehicles, selling 30+ cars per month.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 200 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Used Car Dealers |
| Locations | Delhi |
| Local Time | 6:03 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
236 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
71 thousand
Interested to connect with advisors
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Business Name
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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.
- 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
Facility in Tagore Garden, Delhi for a monthly rent of INR 45,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Ahmedabad, Financial Consultant connected with the Business
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