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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 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
Overall Rating
Seeking Loan
USD 120 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 120 thousand
Includes physical assets worth USD 40 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.

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
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This transaction has concluded. View similar business opportunities on SMERGERS
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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