Used Car Dealers Business Seeking Loan in Hyderabad, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | Nil |
Run Rate Sales | USD 3 million |
EBITDA Margin | 0 - 10 % |
Industries | Used Car Dealers |
Locations | Hyderabad |
Local Time | 10:14 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
Premium used cars buying, selling, exchange and finance.
2 floors of Leased facility over 4,000 sq ft.
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Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
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Earlier than 15 daysBusiness Buyer, Real State Brokerage, Leicester, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Manager, Software, Hyderabad, Individual Investor / Buyer connected with the Business