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    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 10:41 AM Asia / Kolkata
    Listed By Management Member
    Status Active
    Overall Rating
    6.9 / 10
    Compare with industry
    Seeking Loan
    USD 240 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 70 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

    Facility in Tagore Garden, Delhi for a monthly rent of INR 45,000.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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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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