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    Used Car Dealers Businesses Seeking Loan in Mumbai

    Showing 1 - 2 of 2 Used Car Dealers Businesses Seeking Loan in Mumbai. Lend to an Used Car Dealer Business.

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    Used Car Dealers Business Seeking Loan in Mumbai, India

    Second hand car dealers that have tied-up with 60,000 corporates, seeks a loan.
    - We deal in purchasing and selling second hand luxury cars and SUVs. - We are in the process of establishing a tie-up with all existing second hand car dealers in the market and have already tied-up with 60,000 corporates where we connect with the top management directly who wish to sell out their cars. - On average after the pandemic when markets reopened we are selling 1-2 cars in a month. - The range of the car prices start from INR 3 lakh. - Our first year turnover was approximately INR 20 lakhs and we aim for the second year turnover to be approximately INR 70-80 lakhs. - We have a plan to push ideation into the second hand car sales market which does not exist currently.
    Second hand car dealers that have tied-up with 60,000 corporates, seeks a loan.
    6.9   Mumbai
    Run Rate Sales
    USD 43 thousand
    EBITDA Margin
    11 %
    Business Loan
    USD 36 K at 18%
    Contact Business

    Used Car Dealers Business Seeking Loan in Mumbai, India

    Used Car dealers based in Mumbai Need investor for increase the Stocks.
    - A used car dealership and re-seller based in Mumbai, that has been operating since 2014. - On an average 10-15 cars are sold per month. - We purchase around 10 cars per month and depending on the demand we buy more. - We have listings on various online car dealership platforms such as OLX and Car Dekho. - Apart from this we have agents who provide leads to us. - We also provide other services such as car repair and servicing at our outlet.
    6.2   Mumbai
    Run Rate Sales
    USD 220 thousand
    EBITDA Margin
    0 - 10 %
    Business Loan
    USD 30 K at 24%
    Contact Business

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    • How many used car dealers businesses seeking loan in Mumbai are listed on SMERGERS?
      There are 2 active and verified used car dealers businesses seeking loan in Mumbai listed on SMERGERS as of 16 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
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      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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      SMERGERS is a discovery and matchmaking platform with a global reach. It helps in connecting Businesses, Investors, Acquirers, Lenders, M&A Advisors and Boutique Investment Banks across locations, industries and transactions. …read more

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