Auto Dealers Seeking Loan

Aiming to hit INR 120 crore of annual revenue in the next two years. Currently, we are an INR 31 crore annual turnover company. This is the right moment to scale up, and we need to do it fast. We are the exclusive distributors of an emerging electric vehicle brand for 2W electric vehicles and spares. We are distributors for both retail and wholesale customers. Our EV brand is one of the only competent and viable mid-level players in the 2W EV segment. Ather and Ola are in the premium segment and the removal of FAME subsidies has further increased their price points. Our brand and its products thus have a competitive advantage as they are patented, have good cash flow, and have all the necessary regulatory approvals. 80% of revenue comes from retail 2W EV sales and the rest is from the sale of spares. We get about 40-60 walk-in customers every day across our three showrooms in Chennai. All appointed dealers buy both vehicles and spares from us and they have a 45-day payment period. Our revenue per employee is at par with the industry standards. The high growth in revenue is due to the attractive price point of our models, especially, after Ather and Ola increased their prices. We invite others to join us and engage in an honest, transparent, and trustworthy relationship, with many more exciting ideas to be implemented in the future.

- Have sold 386 cars in a year and made the best deals in the market. - Currently, selling around 15-25 cars monthly. - We refurbish the car if any damages and then sell them to the customer. - A car is sold at an average of INR 3 lakhs higher than the price sold to us. - The user can take the car for an independent inspection before making a purchase. - Financing options like loans are available for purchasing a used car. We have tied with 20 banks that will provide loans. We also receive a commission of 3% of the loan amount from the bank. - We supply cars all over Tamil Nadu based on requirements from dealers and direct customers. - We are able to generate the provided revenue since we are able to sell a good number of cars monthly and we have a good margin. - Company is registered in Kovur which is 22 km away from Chennai.

- Dealers of used and brand new cars and spare parts that has been operational for over 6 years. - Have sold over 50 cars in the past 6 years. - When a customer orders a vehicle we either import the vehicle for them or source it locally depending on the price. - We import used cars from Japan and also purchase brand new cars in Trinidad and Tobago. - We primarily focus on hybrid and electric cars. - If we had more capital to keep an inventory of cars, we would have sold approximately 80-100 cars a year. This way the bank will be able to finance our customer. - Our marketing is very effective that attracts genuine customers. - Customers make the order confirmation down payment and then we purchase the car. - Since we purchase cars on an order basis, we do not have to store that car and it will be directly delivered to the customer.

- Business is still in the pre-revenue phase. - The owners have an existing automotive service business in Oman that has been operational for 40 years. They are now looking to start a new automotive service center venture in Mangalore. - This is separate from the Oman business, and investment willy only be for the Mangalore based service center. - The land for the service center has been taken on lease and the construction and set up is completed. - We will be providing complete automotive services where all the vehicle needs will be covered under one roof. - We expect to begin operations by next month. - Business is currently in the process of registering as a private limited company.

- Distributor and wholesale supplier for car care and automotive products. - We are the authorized supplier for 2 brands from Poland (K2 Car Care) and the USA (Liqui Moly). - Maintain inventory worth OMR 15,000 at any given time. - Have 15-20 wholesale clients from Oman, UAE, and India. These are clients who further sell the products to retailers and end customers in their region. - We have a retail cum warehouse setup and have 150-200 local clients who directly purchase from the shop. - Revenue split: 75% of our revenue is from wholesale clients and 25% of our total sales are from the retail shop. - Revenue model: Get products from the brand at a discounted price and sell them to clients at wholesale price (15-20% margin). - Promoter has over 27 years of industry experience.

- We serve approx. 90% of the customers in Fiji. - Serve around 100 customer per month. - We are currently buying products from local wholesaler but are in talks with Chinese seller so that we can buy directly from them.

- Used car dealership for all car segments. We primarily sell sedan, SUV, and luxury cars. - We purchase 40 cars on a monthly basis from various sources such as individuals, Cars24, CarDekho, and CarTrade. - Apart from selling cars, we also provide services for RC transfer and insurance. - Most of our purchases are sold within a month. - We are seeking funds to expand our business by setting up new branches in Delhi / NCR and Jaipur. - Promoter has 8+ years of industry experience. - Won Certificate of Excellence from Cars24 for exemplary service. - Business owned assets include the stock.

- Promoter has over 26 years of experience. - Pioneers in dealership-model sales for luxury pre-owned cars. - Dealerships established since the 2000s. - Steady YoY profit growth & turnover growth. - Currently operating 2 dealerships & 1 service center. - 1 dealership under construction. - 2 dealerships operating on owned land. - 1 service center & polishing center operating on owned land. - One of the most trusted names in the region for pre-owned luxury cars. - We sell around 20 cars on a monthly basis. - The financial mentioned is for 2 dealership centers together. - We generate the majority of the sales through the used car dealership vertical.