Used Car Dealer Business Investment Opportunities

Plans to expand 4 to 5 folds by next year. - We deal with around 10- 15 cars per month. - Company has 2 part-time employees and 4 full-time employees. - The promoter has over 15 years of experience in this industry.

Our business model revolves around two main revenue streams. Firstly, we charge a fee for individuals utilizing our platform to sell their cars hassle-free. Secondly, upon successful car sales facilitated through our platform, we earn commissions. This dual revenue approach ensures a sustainable income flow while providing an incentive for both sellers and buyers to engage with our trusted and efficient service. Certainly, let's address the remaining aspects: Our business boasts a substantial client base, with a growing number of individuals turning to our platform for their premium used car transactions. Our user-friendly interface and transparent processes make it easy for both sellers and buyers to navigate the market with confidence. Additionally, our promoters bring a wealth of experience to the table, with a combined track record of success in the automotive industry. Their expertise ensures that our platform remains at the forefront of innovation, constantly evolving to meet the changing needs of our customers and the market. Furthermore, we have cultivated strong business relationships with key stakeholders in the automotive sector, including dealerships, manufacturers, and service providers. These partnerships enable us to access a wide range of quality vehicles and provide additional services to enhance the overall customer experience. While our focus remains on providing exceptional service to our clients, we take pride in the recognition we've received through various awards and accolades. These accolades serve as a testament to our commitment to excellence and motivate us to continually raise the bar in the premium used car market. There are 8 permanent employees, who run the business operations.

Our business model revolves around two main revenue streams. Firstly, we charge a fee for individuals utilizing our platform to sell their cars hassle-free. Secondly, upon successful car sales facilitated through our platform, we earn commissions. This dual revenue approach ensures a sustainable income flow while providing an incentive for both sellers and buyers to engage with our trusted and efficient service. Certainly, let's address the remaining aspects: Our business boasts a substantial client base, with a growing number of individuals turning to our platform for their premium used car transactions. Our user-friendly interface and transparent processes make it easy for both sellers and buyers to navigate the market with confidence. Additionally, our promoters bring a wealth of experience to the table, with a combined track record of success in the automotive industry. Their expertise ensures that our platform remains at the forefront of innovation, constantly evolving to meet the changing needs of our customers and the market. Furthermore, we have cultivated strong business relationships with key stakeholders in the automotive sector, including dealerships, manufacturers, and service providers. These partnerships enable us to access a wide range of quality vehicles and provide additional services to enhance the overall customer experience. While our focus remains on providing exceptional service to our clients, we take pride in the recognition we've received through various awards and accolades. These accolades serve as a testament to our commitment to excellence and motivate us to continually raise the bar in the premium used car market. There are 8 permanent employees, who run the business operations.

We aim to be a B2B & C2C marketplace to buy and sell vehicles through a transparent live bidding system. - Have a website and mobile application on Android for provision of services. - Platform does not maintain inventory or provide logistics. It is powered by automated inspection and machine learning. - We have two types of clients: those who list individual vehicles for auction and retail vehicle dealer listing. - Have hosted more than 1,000 auctions of individual customers and have had more than 2,000 vehicles listed by retail vehicle dealers. - Recently tied up with banks such as ICICI and Axis to sell vehicles that they were pledged to them, that they plan to auction. - Promoters have combined experience of 30+ years in tech development and operations business. - Have won the best startup award in Pune in an event held by Cisco and IIT Kanpur. - Our revenue model is a flat subscription based fee for listing the vehicles.

Business is a used car retail showroom for the purchase and selling of used premium segment cars. - Have premium segment German and European cars like Audi, Mercedes, BMW, and Jaguar. - Daily walk-ins of 25 customers with close to 120 cars sold every month. - Car selling prices vary from AED 50,000-400,000. - Purchasing department with a staff of 8 that works with a well-established network of suppliers to acquire used cars. - Strong brand visibility and recall due to first-mover advantage in advertising cars on social media. - Business has a state of the art website with e-commerce functionality and more than 350,000 followers on social media. - Showroom is located in Al Qouz, which is highly sought after as approval is rare. - The restoration work of the cars like basic cosmetic work, engine tuning, etc is outsourced to a 3rd party. - Apart from buying and selling cars we have tie-ups with 3rd party vendors to provide car-related services like warranties, finance, mechanical upgrades, and spare parts. - The investor will get share in all business owned assets which include showroom lease, stock cars, company cars, recovery trucks, interiors, computers, and furniture. - Received multiple awards.

A used car dealership located in Mumbai, that has been operating since 1999 catering to both B2B and B2C segment. - We purchase on an average 10 cars a month through individuals, brokers and online portals and sell 8 cars on an average every month. - Apart from buying and selling cars, we also provide motor insurance, do repair work and provide after sale services. - We are looking to expand our B2C segment, which requires funds to setup a new showroom, procuring cars in high volumes and hiring additional sales team.