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Used Car Dealers Company Seeking Loan in Tbilisi, Georgia

Used car-dealer in Tbilisi, Georgia specializing in luxury and affordable cars seeks loan for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 37 thousand
Run Rate Sales USD 66 thousand
EBITDA Margin 40 %
Industries Used Car Dealers
Locations  Tbilisi
Local Time 8:04 AM Asia / Tbilisi
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18.3 thousand for 12.5% annual interest, 3 years (Native Currency: GEL 50,000)
Reason: - We are seeking this funding to expand our team, increase our marketing on social media platforms, ... View More
Collateral Available: USD 3.7 thousand
Includes physical assets worth USD 5.5 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business is a well-established used car dealer located in Tbilisi, Georgia.
- It specializes in car import/export from the USA, Canada, and EU countries, dealing in brand new, luxury, and used cars.
- The company has a diverse product range, offering both luxury cars and affordable options, catering to a wide range of customers.
- With an average monthly sale of 30-40 cars, the business has established itself as a significant player in the local used car market.
- The company has built strong partnerships with 6 auto dealers and actively markets its inventory on social media platforms to attract individual buyers.
- The business prides itself on its professional team of car experts and sales managers, ensuring a high level of service and customer satisfaction.
- With a strong focus on logistics, the company offers fast inland and ocean shipping for its vehicles, providing customers with efficient transportation solutions.
- The business has access to auctions, a privilege enjoyed by only 2% of companies in the Georgian market, allowing it to source unique and high-quality inventory.
- The company has received positive feedback from customers, reflecting its commitment to delivering quality products and services.
- The promoter has 8 years of experience in the industry.
- We are a certified company with all the necessary licenses and certifications.
Products & Services Overview
We are a used car dealer who deals in luxury cars as well as affordable cars.
We sell the cars to auto dealers and individual buyers.
Assets Overview
Tangible assets: Office furniture and computers worth GEL 15,000.
Facilities Overview
The business operates from an office space with 2 rooms of an area of 35 sq m in the center of Tbilisi and does not incur any rent as it belongs to a friend.
Capitalization Overview
- The company has a loan of GEL 20,000 for a period of 3 years in a local bank, and 5-month payments have already been completed.
- The company is owned by a single owner with a 100% stake.
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2 Investors viewed 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.
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