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Used Car Dealers Businesses Seeking Loan

Results 1 - 14 of 14 - Used Car Dealers Businesses Seeking Loan. Lend to an Used Car Dealer Business.

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Profitable Used Car Dealers Company Seeking Loan in Charlotte, United States

Pre-owned car dealership that sells 200+ cars per year seeks funds to increase inventory.
- Business was started as a sole proprietorship in 2017 which has grown rapidly with clients both individuals and commercial companies patronizing us every day. - We sell over 200 cars every year. - We also offer shipping of our cars globally. - Have clients from both local and international markets. - Company has a single director and has no liabilities.
5.4   Charlotte
Run Rate Sales
USD 480 thousand
EBITDA Margin
30 %
Business Loan
USD 300 K at 10%
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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 45 thousand
EBITDA Margin
11 %
Business Loan
USD 38 K at 18%
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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 380 thousand
EBITDA Margin
25 %
Business Loan
USD 130 K at 24%
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Newly Established Used Car Dealers Business Seeking Loan in Guwahati, India

Seeking funds to start a used car dealership business in Assam.
Startup that will deal in buying and selling of used cars. The business is yet to start and we will register the company after raising funds. Founder has an experience of 3 years in this industry and plan to start a new company in the used car dealership space. We have experience in price evaluation of used cars, transfer of vehicle RC and insurance. We plan to promote our startup and attract used car sellers / buyers through Facebook and Instagram. We also plan to buy used cars from car brokers. We have 3-4 car brokers in our network. USP of our startup will be to provide the transfer of ownership from seller to the new buyer in a very short duration. We have also arranged a small land for parking which can accommodate 5-6 cars.
Seeking funds to start a used car dealership business in Assam.
6.7   Guwahati
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 19 K at 20%
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Car Dealers Business Seeking Loan in Chaguanas, Trinidad and Tobago

Business specializing in the sale of used and brand new hybrid and electric cars.
- 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 specializing in the sale of used and brand new hybrid and electric cars.
6.0   Chaguanas
Run Rate Sales
USD 53 thousand
EBITDA Margin
20 %
Business Loan
USD 30 K at 10%
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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.
6.0   Bangalore
Run Rate Sales
USD 450 thousand
EBITDA Margin
15 %
Business Loan
USD 380 K at 10%
Contact Business

Used Car Dealers Company Seeking Loan in Dubai, United Arab Emirates

Dubai based firm offering car repairing, detailing services, also engaged in used car trading.
- Offer car repair and detailing services. - Serve 80 - 100 B2C clients each month. - Primarily work with high-end luxury cars. - We have over 1,000 regular clients under this vertical. - Also run a used car dealership business which contributes to most of our revenue but has relatively lower margins. - Sell 20 - 30 used cars each month. - Our revenue has been growing significantly over the last few months as the number of used cars we sell each month has been steadily increasing. - Business owns cleaning and repair equipment, tools, fixtures and an inventory of used cars.
Dubai based firm offering car repairing, detailing services, also engaged in used car trading.
7.1   Dubai
Run Rate Sales
USD 1.5 million
EBITDA Margin
20 %
Business Loan
USD 80 K at 20%
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Used Car Dealers Business Seeking Loan in Delhi, India

Used car dealership for sedan, SUV, and luxury vehicles, selling 30+ cars per month.
- 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.
Used car dealership for sedan, SUV, and luxury vehicles, selling 30+ cars per month.
6.2   Delhi
Run Rate Sales
USD 210 thousand
EBITDA Margin
20 - 30 %
Business Loan
USD 250 K at 14%
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Used Car Dealers Business Seeking Loan in Hyderabad, India

Used car showroom for purchase and sale of used premium-segment cars, selling 15 cars monthly.
- Business is a used car showroom for purchase and sale of used premium-segment cars. - Our studio is one of the most preferred dealerships in the market and is in a commercial area in Jubilee Hills. - We purchase 10-15 cars on a monthly basis from various sources such as individuals, platforms such as CARS24, OLX, and CarDekho. - 70% of our purchased cars are sold within the first month and the rest are resold within a maximum time of 2 months with an average profit of 7% Return on Investment. - Apart from buying, selling and exchange of cars we have tie-ups with 3rd party vendors to provide insurance, finance, and mechanical upgrades. - Have a strong online brand presence on sites such as CARS24 and CarDekho, and we receive lots of walk-ins and have a repeat clientele. - Promoter has 7+ years of experience in buying and selling of used cars. - Business owned assets include interiors, equipment, and furniture.
Used car showroom for purchase and sale of used premium-segment cars, selling 15 cars monthly.
7.2   Hyderabad
Run Rate Sales
USD 3 million
EBITDA Margin
0 - 10 %
Business Loan
USD 130 K at 36%
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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 230 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 30 K at 24%
Contact Business

Profitable Used Car Dealers Company Seeking Loan in Lagos, Nigeria

An E-way to trade used cars online business in Lagos.
- e-Commerce site for used cars operating since 2017 and based out of Lagos. - Our client or dealer network is growing each day. - Business has a strategic partnership with car loans and insurance companies. - Website has more than 50K registered users & 40% are regular users. - Till now we have sold 30K cars and have multiple brands. - We have more than 700 car dealers registered with us.
An E-way to trade used cars online business in Lagos.
6.9   Lagos
Run Rate Sales
USD 700 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 50 K at 30%
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Used Car Dealers Business Seeking Loan in Gangtok, India

Business engaged in second hand cars, currently having 13 cars in the showroom.
- Company is into purchase, sale and exchange of pre-owned cars. - We have 13 vehicles in our showroom right now. - We see around 20 customer visits on a daily basis. - We have our sales team who generate leads of owners wanting to sell their car. - Recently we have taken franchise of Shriran Transport Finance company which will help us provide loans not only to our buyers but also to other individuals.
Business engaged in second hand cars, currently having 13 cars in the showroom.
5.9   Gangtok
Run Rate Sales
USD 150 thousand
EBITDA Margin
15 %
Business Loan
USD 60 K at 12%
Contact Business

Profitable Used Car Dealers Company Seeking Loan in Delhi, India

Purchasing of salvage vehicle and sale to other buyer in our network.
- We repair damaged cars and sell it. - Have good network for repairing. - Have good network of buyers. - Planning to tie up with insurance companies.
5.7   Delhi
Run Rate Sales
USD 15 thousand
EBITDA Margin
60 - 70 %
Business Loan
USD 13 K at 17%
Contact Business

Car Wash Seeking Loan in Chennai, India

Multi brand Car A to Z repair & service and second hand car dealer.
- We are a stop one car repair and service center in Chennai. - Good suppliers relationship, and it is a Government Registered service center. - We service around 70 cars per month. - We are connected with just dial to get us more customers. - We have Tie ups with travel agencies to service their cars on a regular basis. - Our current service center is located near an IT park, which gives us regular corporate clients. - Second unit to be opened near Chettinad Hospital. - Located near residential area and IT park which would give us a regular flow of customers. - We are also into second car sales on commission basis and C2C.
6.0   Chennai
Run Rate Sales
USD 70 thousand
EBITDA Margin
10 %
Business Loan
USD 25 K at 20%
Contact Business

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  • How many used car dealers businesses seeking loan are listed on SMERGERS?
    There are 14 active and verified used car dealers businesses seeking loan listed on SMERGERS as of 13 August 2022.
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