Used Car Dealers Business Seeking Loan in Mumbai, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 24 thousand |
Run Rate Sales | USD 44 thousand |
EBITDA Margin | 11 % |
Industries | Used Car Dealers |
Locations | Mumbai |
Local Time | 2:49 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We deal in purchasing and selling second hand luxury cars and SUVs.
- We are in the process of establishing a tie-up with all existing second hand car dealers in the market and have already tied-up with 60,000 corporates where we connect with the top management directly who wish to sell out their cars.
- On average after the pandemic when markets reopened we are selling 1-2 cars in a month.
- The range of the car prices start from INR 3 lakh.
- Our first year turnover was approximately INR 20 lakhs and we aim for the second year turnover to be approximately INR 70-80 lakhs.
- We have a plan to push ideation into the second hand car sales market which does not exist currently.
Our services include purchasing cars from owners, investors, agents, dealers and selling to direct clients and dealers.
Our physical assets include inventory that is a Scorpio S3 2WD, a BMW 735i, a BMW 320i, and a Skoda Yeti.
We have an office under construction in Kurla behind Phoenix Market City. Currently, we are working from home.
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Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business