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Used Car Dealers Company for Sale in Kozhikode, India

For Sale: Android and iOS used car auction mobile app created for car dealers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales INR 2.4 crore
Run Rate Sales Nil
EBITDA Margin Nil
Industries Used Car Dealers + 1 more
Locations  Kozhikode
Local Time 12:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 1.6 crore (Native Currency: INR 16,500,000)
Reason: Founder is currently focusing on alternative business opportunities and seeking a buyer to take over... View More
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Business Overview
- Mobile app that helps with bulk auctions of used cars.
- 400+ used car dealers onboarded.
- 1,000+ used cars evaluated to date.
- These are branded apps built from scratch (for evaluation & auction)
- Self-funded tech development (INR 1.6 CR+ investment)
- Ready SOPs, templates, and workflows for fast scalability.
- Revenue model: all users have to register and pay a one-time fee of INR 10,000. Apart from that, we charge a 2-5% commission on the car sales.
- We have paused operations for the last month. The new buyer can easily restart the operations. The apps are live on the App Store and the Play Store.
- 100% In-house development of the entire software.
- The buyer will only get the intangible assets like source code, apps, admin panel, and website.
- The buyer will not get the private limited company that owns and operates the business.
Products & Services Overview
The app offers.
- Car evaluation service (via Evaluator App). These services are used by trained field evaluators to inspect vehicles at customer locations. They generate standardized condition reports, which are then used for pricing and listing.
- Dealer auction platform (via Auction App). Car dealers use the Auction App to bid on inspected cars. This creates a competitive environment that helps sellers get the best price.
The platform enables fast and transparent dealer transactions. We have a brand-driven online presence.
Assets Overview
No tangible assets are part of this transaction. Intangible assets that the buyer gets include complete product source code, branding, auction app in Android and iOS, evaluator app in Android, website, and admin panel.
Facilities Overview
We have a rented office of 1,000 sq. ft. in Calicut. However, the buyer would have to setup their own office and team.
Capitalization Overview
- 100% self-funded by co-founders.
- No external debt or VC investment.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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11 Buyers viewed this Business this week. Register below to connect now!
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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