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    Used Car Dealers Businesses Seeking Loan

    Showing 1 - 15 of 17 Used Car Dealers Businesses Seeking Loan. Lend to an Used Car Dealer Business.

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

    Used car dealers selling upto 18 cars monthly seek a loan.
    - We sell around 18 cars monthly. - We refurbish the cars and then sell them. - Have tie-ups with car detailing enter and insurance agencies. - The business is into selling American, Japanese, and Korean cars. - We do not require many employees since the refurbishing and other car detailing are done by third-party companies.
    6.7   Dubai
    Run Rate Sales
    USD 330 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 180 K at 12%
    Contact Business

    Used Car Dealers Business Seeking Loan in Chhindwara, India

    Established auto sales and repair business in Central Chhindwara seeks debt funding.
    - Used car dealership and complete auto service workshop. - We have a 4-star rating and offer good after-service deals to maintain good relations with our customers. - 16 years in this business indicates a great response to our work. - Our prime goal is customer satisfaction and this aids our word-of-mouth marketing. - For our workshop, we have about 100 fixed clients.
    Established auto sales and repair business in Central Chhindwara seeks debt funding.
    6.7   Chhindwara
    Run Rate Sales
    USD 220 thousand
    EBITDA Margin
    5 %
    Business Loan
    USD 360 K at 8%
    Contact Business

    Profitable Used Car Dealers Company Seeking Loan in Chennai, India

    Multi-brand pre-owned cars company selling 15-25 cars monthly seeks a loan.
    - 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.
    Multi-brand pre-owned cars company selling 15-25 cars monthly seeks a loan.
    6.2   Chennai
    Run Rate Sales
    USD 900 thousand
    EBITDA Margin
    30 - 40 %
    Business Loan
    USD 1 Mn at 10%
    Contact Business

    Used Car Dealers Business Seeking Loan in Balasore, India

    Used commercial and domestic vehicle showroom in Balasore that sells 20+ vehicles monthly.
    - We are one of the first used vehicle showrooms in Balasore. - Our showroom has a large client base from all over Odisha. - We sell around 20 to 27 vehicles every month. - We only deal in 4-wheelers. - Our business experienced a reduction in the run rate sales due lack of working capital.
    Used commercial and domestic vehicle showroom in Balasore that sells 20+ vehicles monthly.
    7.5   Balasore
    Run Rate Sales
    USD 300 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 60 K at 15%
    Contact Business

    Newly Established Used Car Dealers Business Seeking Loan in Pithoragarh, India

    Used car & bike dealership company that also wishes to enter event-management industry seeks loan.
    - The business has 2 verticals, firstly they are used cared cars and bikes dealership, and secondly they will be serving in an event management as well. - The owner has 2+ years of experience working in used car dealership and they have developed very good contacts. They have also developed good contacts in the event management industry by working for 6 months. - We have 300+ customers database who are looking to sell their cars and 100+ customers database who are looking to buy cars. - We have a few clients for the event management business as well. - The business has taken a place on rent and the interior work in taking place right now and it has not yet started its operations.
    5.4   Pithoragarh
    Run Rate Sales
    Nil
    EBITDA Margin
    Nil
    Business Loan
    USD 6 K at 9%
    Contact Business

    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

    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.
    5.7   Charlotte
    Run Rate Sales
    USD 480 thousand
    EBITDA Margin
    30 %
    Business Loan
    USD 300 K at 10%
    Contact Business

    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.
    6.2   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 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%
    Contact Business

    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 18 K at 20%
    Contact Business

    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.
    6.2   Chaguanas
    Run Rate Sales
    USD 53 thousand
    EBITDA Margin
    20 %
    Business Loan
    USD 30 K at 10%
    Contact Business

    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%
    Contact Business

    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.
    6.9   Delhi
    Run Rate Sales
    USD 200 thousand
    EBITDA Margin
    20 - 30 %
    Business Loan
    USD 240 K at 14%
    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

    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.
    6.0   Gangtok
    Run Rate Sales
    USD 140 thousand
    EBITDA Margin
    15 %
    Business Loan
    USD 60 K at 12%
    Contact Business

    Frequently
    Asked
    Questions

    • How many used car dealers businesses seeking loan are listed on SMERGERS?
      There are 17 active and verified used car dealers businesses seeking loan listed on SMERGERS as of 01 October 2023.
    • 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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      We understand the level of confidentiality required in strategic transactions and we strive to provide a safe and secure experience for our members. Please review our privacy policy. We …read more
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      You need to be logged in before you connect with a business. Click here to register and message the business If you are already logged in, please use the contact …read more
    • Should you buy an existing business or start a business from scratch?

      Buying an existing business is generally an easier way to start a business with an immediate head start. It saves valuable time and administrative efforts, considering starting from scratch is …read more
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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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