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Used Car Dealers Business Seeking Loan in Gangtok, India

Business engaged in second hand cars, currently having 13 cars in the showroom.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 130 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 15 %
Industries Used Car Dealers
Locations  Gangtok
Local Time 11:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 67 thousand for 12.0% annual interest, 20 years (Native Currency: INR 5,000,000)
Reason: To upgrade my business.
Collateral Available: USD 0
Includes physical assets worth USD 33 thousand
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Business Name
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Business Overview

- Company is into purchase, sale and exchange of pre-owned cars.

- We have 13 vehicles in our showroom right now.

- We see around 20 customer visits on a daily basis.

- We have our sales team who generate leads of owners wanting to sell their car.

- Recently we have taken franchise of Shriran Transport Finance company which will help us provide loans not only to our buyers but also to other individuals.

Products & Services Overview

Second hand cars.

Facilities Overview

1,200 Sq Ft on rent.

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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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