Businesses for Sale and Investment Opportunities

- A year old company manufacturing electric vehicles approved by ARAI in Kolkata. - Have done 8 years of ground work before starting this business. - Currently producing 3 models in low speed vehicle category and have already taken permission to manufacture high speed vehicles and E-rickshaws. - Production capacity of our factory is around 500 bikes per month, however, we are manufacturing around 100 to 150 vehicles on a monthly basis. - Each 2 wheeler electric vehicle costs INR 40 to 50 thousand and the driving range is between 50 to 60 km on a full charge. - Auto parts such as electric components and motors are procured from China and body components are sourced locally in India. - Since Jan 2018 to Dec 2018 we produced 700 to 800 vehicles. - We currently have 25 dealers in Odisha, Uttar Pradesh, West Bengal, Maharashtra, Chhattisgarh and Jharkhand. - We aim to be amongst top 3 manufacturers of Electric 2-wheeler and 3-wheeler in India by 2030. - Physical assets include own land, building, manufacturing machinery and stocks.

- We have registered ourself as a private limited entity to start a CNC training institute for engineering students along with small scale auto parts manufacturing unit. - Have taken up 1,500 sq ft area on which we are setting up the infrastructure for training institute and the workshop. - The setup is under process and we will begin the operation in 2-3 months. - For training institute, we have many engineering colleges nearby to attract students. - For auto parts manufacturing, we will take up contract work to manufacture gear shafts, nuts and bolts. - Company has 2 directors who are both Mechanical graduates having 3 years of experience.

- Startup company that manufactures lightweight electric vehicles with aim to reduce vehicle ownership cost, fuel dependency and increase vehicle utilization via shared mobility solutions for daily commuters and working professionals. - At present, we plan to enter the market with battery enabled bicycles, bikes and e-scooters. - Prototype of e-cycles, e-bike and e-scooter is built and tested on Indian roads for mileage and durability. - We currently have production plan for e-cycles, international orders for e-cycles from UAE and Africa. We intend to export vehicles to Middle East, Europe and North America via Dubai. We are leveraging existing infra setup in Dubai for storage and sales. - Our products are compatible for B2C, B2B and B2B2C business models. We are actively collaborating with software builders and IoT manufacturers to secure contracts with OEMs. - We intend to setup retail outlets for B2B and distribution channel for B2C segments. - Company is founded by 3 founders with: I) 3 times national award winner in EV design. Ii) 10 years of academic as well as industrial experience in manufacturing. Iii) 10 years of experience in software development, IoT and operations excellence. - Founder is a patent holder of an all-wheel drive electric vehicle. - Company has filed patent for single-axis suspension mechanism. - We have generated USD 20,000 revenue by fulfilling a purchase order we received last year. Recently, we have received 3 confirmed orders to build 15,000 vehicles in over 12-18 months. The production has begun and we have begun generating revenue. We have received 30 percent payment of the order value.

- Electric scooter brand with 20+ company-operated showrooms. - We manufacture 4 different scooter variants and have a total production capacity of 1,000 units per month. Our current capacity utilization is 30% since we are manufacturing to the demand. - We have 22 company-operated showrooms: 21 in Bangalore and 1 in Mysore. - Revenue model: Apart from regular bookings, we also have a Ride and Pay model, a Pay to Own model, and provide vehicle rentals. - Our reported sales for the previous financial year are low since we started operations only in Q4. - Company has 2 directors with an equal shareholding stake. - Business does not have any debts or liabilities.

- An electric vehicle manufacturing business based in Hyderabad. - We manufacture three-wheeler vehicles (auto-rickshaw) and are waiting for approval to manufacture electric two-wheeler vehicles. - Have earned experience in homologation, product-market analysis, manufacturing & supplying in domestic & overseas markets. - Sold products from auto drivers to corporates, PSUs, and fleet owners. - With a growth rate of 20% YOY, the company has grabbed business in Eastern Africa. - Sold over 1,800+ units in the last 4 years. - Have a good number of work orders from PSUs and supplied promptly. - Catering post-sale service to supplied orders. - Able to secure recurring orders every year from organizations like Airforce, TCS, Kamineni Hospitals, Ramakrishna Mutt, Sree Cements, Zuari Cements, Baskara Medical College, Akshara International School, Chinna Jeeyar Swamy Ashram, other local municipalities, and gram panchayats. - Also selling to various municipalities and Panchayats pan India. - Physical assets include machines, inventory, and raw materials. - Have a leased manufacturing unit in Hyderabad, and are looking to shift to a bigger manufacturing unit in order to increase our production capacity. - The reason for valuing the business at Rs. 20 crore is that once we shift into the new manufacturing unit our revenues will increase strongly.

- Electric vehicle manufacturing business that manufactures 2-wheelers, 3-wheelers, and spare parts. - Have 100+ dealership points across India. - Also do production for other OEMs. - Our sales growth is more than 100% yearly. - Manufacture the vehicles on an order basis while the manufacturing capacity of the business is 2,000 3-wheelers and 3,000 2 wheelers per month. We do not manufacture at full capacity. - Business is managed by 2 partners having an equal stake in the business. - The business is debt-free. - Sales have increased from last year due to more demand for our products.

- Company has been working in the automotive sector for the last 5 years with a considerable contribution to automotive education, consulting, and customized vehicle development. - 400+ vehicles are running on the road successfully without any breakdowns. - Has a presence in the 4 states of India with 3 distributors and respective dealer networks. - Trusted branded amongst Intra-city logistic companies in India for their quality products as well as after-sales services. - Our clients include food production and distribution companies, FMCG companies, and logistic giants like VRL logistics, Patanjali, Nanded City Pune, Hitachi ATM, LKD, Dhyas India, Army Cantonments, Navy Dockyard, Air force stations, and other defense departments. - We have recently developed one project with IIT Bombay for MoPR (Ministry of Panchayat Raj). The project is for the Indian rural economy development and employment generation through the Smart E Vending Cart. - We have recently developed projects for the Defence Sector. - Our sales have increased since we have partnered with more distributors.

- Our products are designed with German technical collaboration, manufacturing fully electric 2 and 3-wheelers. - Prototypes of two models are ready for production. - We have outsourced the manufacturing of the parts but the final assembly of the vehicles will be at our facility. - On an annual basis we can manufacture 5,000 units. - Within a few years we aim to start a second manufacturing plant in Goa with an annual production capacity of 12,000 units. - Our products will be sold under our own brand name. - Customers will be able to order our product in three ways- - Directly through our website (not in the initial phases of production) - Through our dealership network (initially we will have a network of 32 dealers) - Through brand ambassadors (we will give INR 5,000 per order as a commission to the brand ambassadors) - Currently, the business has two Indian directors. - The third director will be from Germany and the legal documentation is still in progress. After the documentation they will have a 60% stake in the company and the two Indian directors will have a 40% stake. - Business does not have any outstanding loans. - We plan to start the manufacturing process by the first quarter of the next year. - We project an annual turnover of INR 48 crore with an EBITDA of 22% in the initial year. - Business is registered in Thane but located in Chakan.