Used Car Dealers Business Seeking Loan in Kolkata, India
Experienced promoter founded used car dealership selling SUVs, sedans, and hatchbacks seeking growth funding.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 77 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 15 % |
| Industries | Used Car Dealers |
| Locations | Kolkata |
| Local Time | 4:06 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
33 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 3,000,000)
Reason: We are seeking this investment to scale up our business by increasing our car stock by 20 units.
Collateral Available: USD 0
Includes physical assets worth
USD
16.6 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business operates as a used car dealership based in Kolkata, specializing in the sale of quality pre-owned vehicles such as SUVs, sedans, and hatchbacks.
- With a focus on customer satisfaction, the business aims to provide reliable and affordable used cars to local residents.
- The target clientele includes budget-conscious consumers seeking dependable transportation options without the high cost of new vehicles.
- The dealership is currently generating sales of approximately 1 vehicle per month, showcasing the potential for growth in a thriving automotive market.
- The business is led by a promoter with 11 years of industry experience, ensuring valuable expertise in vehicle selection and customer service.
- Fully compliant with local regulations, the business holds a valid trade license, which contributes to its trustworthiness and credibility among customers.
- With a focus on customer satisfaction, the business aims to provide reliable and affordable used cars to local residents.
- The target clientele includes budget-conscious consumers seeking dependable transportation options without the high cost of new vehicles.
- The dealership is currently generating sales of approximately 1 vehicle per month, showcasing the potential for growth in a thriving automotive market.
- The business is led by a promoter with 11 years of industry experience, ensuring valuable expertise in vehicle selection and customer service.
- Fully compliant with local regulations, the business holds a valid trade license, which contributes to its trustworthiness and credibility among customers.
Products & Services Overview
Used SUVs, sedans, and hatchbacks are sold to individual buyers seeking affordable and reliable vehicles.
Assets Overview
Tangible assets: Current stock of 5 to 6 cars along with office equipment.
Facilities Overview
Operates from a rented office with an adjacent rented parking area for 15 cars, with the option to expand the space in the future to accommodate additional vehicles.
Capitalization Overview
The business has no loans.Sole proprietorship firm.
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