Need help?

Used Car Dealers Company Seeking Loan in Doha, Qatar

Premium car rental and used car trading business seeks funds to expand car collection.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.75 million
Run Rate Sales USD 2.8 million
EBITDA Margin 12 %
Industries Vehicle Rental + 1 more
Locations  Doha
Local Time 5:27 AM Asia / Qatar
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 550 thousand for 12.0% annual interest, 1 year (Native Currency: QAR 2,000,000)
Reason: Seeking funds to expand the car collection for trading. The existing collection is used for rentals ... View More
Collateral Available: USD 690 thousand
Includes physical assets worth USD 4.7 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Located in Doha, this business operates within the vehicle rental and used car dealership industry, catering primarily to business individuals and high-net-worth individuals (HNIs).
- Offering short-term vehicle rentals as its flagship service, the business provides convenient and flexible transportation solutions for corporate clients and luxury car enthusiasts.
- The company trades in premium used cars, providing a value-driven alternative for customers seeking high-quality vehicles at a competitive price point.
- Apart from the automotive sector, the business diversifies its offerings by dealing in fire and safety materials, contributing steady sales throughout the year.
- Generating an average of 800k+ QAR in monthly sales, the company achieved a notable annual revenue exceeding 10 million QAR, underscoring its strong market presence.
- Operating with a workforce of 15 employees, we are able to generate high sales due to rental of cars in the premium segment to HNIs and business owners. While short-term rentals are our main service, some of our clients extend it on a longer term, ensuring consistent sales.
- The business boasts a healthy EBITDA margin of 12-15%, demonstrating efficient cost management and profitability in its operations.
Products & Services Overview
Short-term vehicle rentals is the top-selling service for business people and HNIs. We also trade premium used cars and fire and safety materials.
Assets Overview
Current physical assets include 37 cars.
Intangible assets include the W. L. L entity and the rental contracts with clients.
Facilities Overview
Operates from 2 offices and a large yard of 200 sq m for car parking. Rented on a 3-year lease.
Capitalization Overview
The business has outstanding loans totalling QAR 800k. Has 2 shareholders. The promoter is the majority partner, and the sponsor holds a minority stake.
Recent Activity
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.
Contact Business
1 Investor contacted 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more