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Used Car Dealers Company Seeking Loan in Cibinong, Indonesia

Used car business based in Indonesia with 10-15 sales per month seeking a business loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 740 thousand
Run Rate Sales USD 740 thousand
EBITDA Margin 10 %
Industries Used Car Dealers
Locations  Cibinong
Local Time 7:11 AM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 306 thousand for 10.0% annual interest, 4 years (Native Currency: IDR 5,000,000,000)
Reason: Working capital, technology development and building an experience center as well as a showroom in o... View More
Collateral Available: USD 123 thousand
Includes physical assets worth USD 123 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are used car dealers that aim to provide quality used cars at affordable prices and honest after-sales service.
- Currently, our marketing tools are only offline, namely customer walk-ins and through digital marketing by maximizing Facebook ads and Instagram ads.
- We source cars from owners and garages.
- Receive 10+ inquiries every day and are able to sell 10-15 cars per month.
- We charge 2% profit on every car we sell.
- We only have 2 employees as we only buy and sell cars and outsource the repairing to others.
- Promoter has 10 years of experience in this industry.
- Business has NIB and other registration documents.
Products & Services Overview
We sell used cars and provide after-sale services for repair and servicing.
Assets Overview
The physical assets of the business include the used car inventory.
Facilities Overview
We operate the business from a space that is owned by the promoter and his partner.
Capitalization Overview
- The business is owned by a single person.
- The business is debt-free.
- Business is funded by the promoter.
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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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