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Used Car Dealers Business Seeking Loan in Mumbai, India

Used Car dealers based in Mumbai Need investor for increase the Stocks.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 0 - 10 %
Industries Used Car Dealers
Locations  Mumbai
Local Time 9:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 24.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: To increase B2C business and for that I have to increase the stock of car.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- A used car dealership and re-seller based in Mumbai, that has been operating since 2014.

- On an average 10-15 cars are sold per month.

- We purchase around 10 cars per month and depending on the demand we buy more.

- We have listings on various online car dealership platforms such as OLX and Car Dekho.

- Apart from this we have agents who provide leads to us.

- We also provide other services such as car repair and servicing at our outlet.

Products & Services Overview

Multi brand used car re-seller and purchase, Car repair and service and Car Insurance.

Facilities Overview

Rented office having an area of 300 Sq. Ft. and an open parking space of 400 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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