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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 210 thousand
EBITDA Margin 20 - 30 %
Industries Used Car Dealers
Locations  Delhi
Local Time 4:35 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 260 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
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Business Name
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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.

Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Ahmedabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, HVAC, Delhi, Individual Investor / Buyer connected with the 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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