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    Used Car Dealers Businesses Seeking Loan

    Showing 1 - 3 of 3 Used Car Dealers Businesses Seeking Loan. Lend to an Used Car Dealer Business.

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    • Bangalore

     

    Used Car Dealers Business Seeking Loan in Bangalore, India

    Used car and bike dealership in Bangalore generating high margins dealing with bank auction vehicles.
    - We deal with cars and bikes purchased through bank auctions and insurance auctions in Bangalore ranging from INR 5 lakh to INR 50 lakh. - We are looking for funds to expand operations to all over India. - We get a high margin from buying and selling bank auction cars and bikes. - Purchase and sell 2-3 cars on a monthly basis with a minimum profit margin of 20% per car. - We are seeking funds to lease a commercial facility to set up a showroom and to build a website with an auctioning feature. We also plan to start dealing with bikes and establish tie-ups with insurance companies, banks, and NBFC to provide financing options. - With an INR 1 crore investment, the investor can expect a positive return on investment 2 years. - Have extensive knowledge to purchase cars at competitive prices. - Founder has more than 5 years of industry experience.
    7.2   Bangalore
    Run Rate Sales
    USD 360 thousand
    EBITDA Margin
    25 %
    Business Loan
    USD 120 K at 24%
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    Used Car Dealers Business Seeking Loan in Bangalore, India

    Used car dealership based in Bangalore, selling 25-30 cars a month seeks funding to buy more inventory.
    - A used car dealership based in Bangalore. - We buy and sell mainly economic cars. Also buying and selling a few premium cars. - We buy and sell only certified used cars. - Purchase an average of 40 cars per month. - We sell between 25-30 cars per month. - The property we have (dealership) can hold a maximum of 40 cars at a point of time. - Revenue has increased this year as we have been able to sell a higher number of cars during the past few months. - Physical assets include cars and dealership setup.
    Used car dealership based in Bangalore, selling 25-30 cars a month seeks funding to buy more inventory.
    6.2   Bangalore
    Run Rate Sales
    USD 430 thousand
    EBITDA Margin
    15 %
    Business Loan
    USD 360 K at 10%
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    Used Car Dealers Business Seeking Loan in Bangalore, India

    Wholesale dealer of used bikes and cars with tie-ups with more than 15 dealerships.
    - We purchase in bulk from banks and other suppliers. - Our company also refurbishes and distributes to dealers across Karnataka. - The business has tie-ups with 15+ dealerships. - Monthly we can process 200+ vehicles.
    5.7   Bangalore
    Run Rate Sales
    USD 360 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 120 K at 10%
    Contact Business

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    • How many used car dealers businesses seeking loan are listed on SMERGERS?
      There are 3 active and verified used car dealers businesses seeking loan listed on SMERGERS as of 24 April 2024.
    • What level of due diligence does SMERGERS conduct on the businesses/member?

      SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
    • How active are the business profiles listed on SMERGERS?

      We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
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