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Used Car Dealers Company Investment Opportunity in Mumbai, India

Company providing 60 mins or free car service seeks investment for network expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Auto Repair and Service + 1 more
Locations  Mumbai
Local Time 10:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 6 thousand for 5.0% stake (Native Currency: INR 500,000)
Reason: 1) We are looking for funds for network expansion of the business. 2) We will be utilizing the fund... View More
Includes physical assets worth USD 18 thousand
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Business Overview

1) We are the only company to provide 60 mins or free services to our customers in India.

2) We have served 1,000+ customers in last 9 months and are looking at funds for network expansion of 10 stores in Mumbai region.

3) Currently we serve 100 + customers in a month with turnover of INR 6-7 lakhs.

4) Organization has reached 1 lakh + customers via its marketing efforts.

4) The founder has 10+ years of experience in the automobile industry in dealerships and tech startups.

5) We are seeking funds for network expansion of state-of-art service stores across Mumbai.

Products & Services Overview

1) Periodic Car services in 60 mins or free.

2) Battery Replacement.

3) Brakes Service.

4) Car Detailing Services.

Assets Overview

1) Office furniture,

2) Workshop tools and equipment.

3) IT assets,

4) Spare Parts Inventory.

Facilities Overview

We will be renting out store locations of 700 - 1000 sq. feet for our workshops. We have an own Head Office in South Mumbai and have rented out seats for our back office work in We Grow offices.

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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