Used Car Dealers Business Seeking Loan in Hyderabad, India
Used car showroom for purchase and sale of used premium-segment cars, selling 15 cars monthly.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 2.64 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Used Car Dealers |
| Locations | Hyderabad |
| Local Time | 11:13 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
110 thousand
for
36.0%
annual interest,
1
year
(Native Currency: INR 10,000,000)
Reason: Seeking funds for purchasing cars from various sources at a discount to market value.
Collateral Available: USD 110 thousand
Includes physical assets worth
USD
38.6 thousand
Interested to connect with advisors
Business Overview
- Business is a used car showroom for purchase and sale of used premium-segment cars.
- Our studio is one of the most preferred dealerships in the market and is in a commercial area in Jubilee Hills.
- We purchase 10-15 cars on a monthly basis from various sources such as individuals, platforms such as CARS24, OLX, and CarDekho.
- 70% of our purchased cars are sold within the first month and the rest are resold within a maximum time of 2 months with an average profit of 7% Return on Investment.
- Apart from buying, selling and exchange of cars we have tie-ups with 3rd party vendors to provide insurance, finance, and mechanical upgrades.
- Have a strong online brand presence on sites such as CARS24 and CarDekho, and we receive lots of walk-ins and have a repeat clientele.
- Promoter has 7+ years of experience in buying and selling of used cars.
- Business owned assets include interiors, equipment, and furniture.
- Our studio is one of the most preferred dealerships in the market and is in a commercial area in Jubilee Hills.
- We purchase 10-15 cars on a monthly basis from various sources such as individuals, platforms such as CARS24, OLX, and CarDekho.
- 70% of our purchased cars are sold within the first month and the rest are resold within a maximum time of 2 months with an average profit of 7% Return on Investment.
- Apart from buying, selling and exchange of cars we have tie-ups with 3rd party vendors to provide insurance, finance, and mechanical upgrades.
- Have a strong online brand presence on sites such as CARS24 and CarDekho, and we receive lots of walk-ins and have a repeat clientele.
- Promoter has 7+ years of experience in buying and selling of used cars.
- Business owned assets include interiors, equipment, and furniture.
Products & Services Overview
Premium used cars buying, selling, exchange and finance.
Facilities Overview
2 floors of Leased facility over 4,000 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
-
Earlier than 15 daysSenior Manager, Software, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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