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Used Car Dealers Company Investment Opportunity in London, United Kingdom

Online automotive marketplace start-up for trading vehicles with 400 dealers and 20,000 vehicles on-boarded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Used Car Dealers + 1 more
Locations  London
Local Time 4:44 AM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 250 thousand for 10.0% stake (Native Currency: GBP 204,000)
Reason: Seeking investment to initiate business operations and lead generation. Funds will be used to cover... View More
Interested to connect with advisors
Documents
Business Overview

- Online automotive marketplace for trading new and used car vehicles. We trade all types of cars like SUVs, sedans and luxury cars.

- We have successfully on-boarded approximately 400 dealers and 20,000 vehicles within one month. We have not registered any end-users yet.

- We plan to offer car dealers the opportunity to advertise their inventory for a fixed monthly fee in exchange for lead generation.

- The business has not yet started generating any revenue as of date.

- The company has an established partnership with companies that allow for an efficient on-boarding process. Our partners include AA Cars, AutoTrader, ClickDealer, and Spidersnet.

- We plan on attracting users to our platform through digital marketing and outdoor advertising.

- The current team consists of 2 IT staff members for technical support, 1 sales executive, 1 finance executive, 1 CEO and 1 COO.

- The CEO has prior experience as a digital marketer.

Products & Services Overview

We are an online market place for trading new and used cars.

Assets Overview

The company does not own any physical assets as of now.

Facilities Overview

Company is registered in London but does not have a physical office space. Employees and directors work remotely out of their residence.

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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