Used Car Dealers Business Seeking Loan in Kolkata, India
Kolkata-based business specializing in the purchase and resale of pre-owned cars seeking business loan.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 860 thousand |
| Run Rate Sales | USD 1.1 million |
| EBITDA Margin | 15 % |
| Industries | Used Car Dealers |
| Locations | Kolkata |
| Local Time | 12:12 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
114 thousand
for
12.0%
annual interest,
10
years
(Native Currency: INR 10,000,000)
Reason: One of the business investors has recently exited the business. Funds will be needed to cover the op...
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Collateral Available: USD 5.7 thousand
Includes physical assets worth
USD
286 thousand
Interested to connect with advisors
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Business Overview
- The business specializes in the sale and purchase of pre-owned cars in Kolkata, catering to SUV, MUV, and hatchback segments.
- Operations are streamlined across West Bengal, ensuring a vast regional outreach with ready setups.
- A strong and satisfied customer base includes over 10,000 existing clients.
- The business demonstrates consistent sales performance, averaging 8-9 car sales per month.
- Managed by an owner with two decades of industry experience, ensuring seasoned expertise in operations.
- The business is GST compliant, aligning with national tax regulations for seamless transactions.
- Investors are assured full security, backed by a well-established operational framework and dedicated team of 5 employees.
- Operations are streamlined across West Bengal, ensuring a vast regional outreach with ready setups.
- A strong and satisfied customer base includes over 10,000 existing clients.
- The business demonstrates consistent sales performance, averaging 8-9 car sales per month.
- Managed by an owner with two decades of industry experience, ensuring seasoned expertise in operations.
- The business is GST compliant, aligning with national tax regulations for seamless transactions.
- Investors are assured full security, backed by a well-established operational framework and dedicated team of 5 employees.
Products & Services Overview
Top-selling products include SUVs, MUVs, and hatchback cars, which are retailed throughout West Bengal with ready setups.
Assets Overview
The business currently has a stock of 30 used cars worth INR 2.5 crores.
Facilities Overview
The business operates from a rented facility in Kolkatta.The facility also has a yard where all the used cars are stored.
Capitalization Overview
The business is currently under sole proprietorship. It has an outstanding loan from friends and family, which is scheduled to be repaid by the end of next year.
Recent Activity
-
Earlier than 15 daysCEO, Manufacture Of Leather Goods, Kolkata, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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