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Used Car Dealers Company Seeking Loan in Dubai, United Arab Emirates

Dubai based firm offering car repairing, detailing services, also engaged in used car trading.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.23 million
Run Rate Sales USD 1.47 million
EBITDA Margin 20 %
Industries Auto Repair and Service + 1 more
Locations  Dubai
Local Time 1:49 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 82 thousand for 20.0% annual interest, 3 years (Native Currency: AED 300,000)
Reason: The funds will be used to upgrade technology, hire more staff, invest in marketing, and used car inv... View More
Collateral Available: USD 82 thousand
Includes physical assets worth USD 163 thousand
Documents
Trade License
Business Overview
- Offer car repair and detailing services.
- Serve 80 - 100 B2C clients each month.
- Primarily work with high-end luxury cars.
- We have over 1,000 regular clients under this vertical.
- Also run a used car dealership business which contributes to most of our revenue but has relatively lower margins.
- Sell 20 - 30 used cars each month.
- Our revenue has been growing significantly over the last few months as the number of used cars we sell each month has been steadily increasing.
- Business owns cleaning and repair equipment, tools, fixtures and an inventory of used cars.
Products & Services Overview
Car repair, AC work, dent removal, painting, engine work, washing and detailing, accessories sales and installation, automotive electrical works, doorstep car wash service, trading in used cars.
Facilities Overview
Occupy 2 facilities at the same location. The total area of both facilities is 8,000 square feet and the total annual rent expense for both facilities is AED 300,000.
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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