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Auto Repair and Service Company for Sale in Gurgaon, India

Acquire a B2C full-stack tech solution and app for car care and servicing.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 74 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin Nil
Industries Auto Repair and Service + 1 more
Locations  Gurgaon
Local Time 10:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: INR 50,000,000)
Reason: The business has an immediate working capital requirement of INR 4-5 crore and the current owners do... View More
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Business Overview

- One-stop app and website for all car-related services.

Key highlights:

- 1 lakh customers.

- 50K app downloads.

- 1,000+ blogs for SEO.

- We draw 40K+ monthly users.

- Our recent viral car wash subscription of INR 1,000/year garnered 4k subscribers in just 6 months.

Revenue model:

- Earlier we used to charge a 15% commission on the total transaction amount of any booking made by the customer.

- Now, we have shifted to the annual subscription model and plan to get 1 lakh subscribers in the next 12 months.

- Our learning over the last 4 years has helped us bring down the cash burn to zero and achieve positive unit economics.

- CAC brought down from INR 1,000 to INR 100.

- Buyer gets the entire legal entity with the full-stack technology solutions, massive customer database, new vehicles database, and vendors.

Products & Services Overview

Car service.

Car care.

Inspection.

Wheel service.

Dent/paint.

AC service.

Regions catering: Delhi, Noida, Faridabad, Ghaziabad, Gurgaon, Jaipur, and Chandigarh.

We offer a full-stack model for car servicing and suggested with the service partner.

Recently our most selling service is the annual subscription package of INR 1,000.

Assets Overview

The business does not own any physical assets. Employees use their own laptops.

Intangible assets include the technology, brand name, domain name, app source code, website, customer database, vendors, and the new vehicles database.

Facilities Overview

We used to work from a rented office on Golf Course Road in Gurgaon but now we are 100% remote. We have a rented founders office in Mehrauli.

Capitalization Overview

- Invested about INR 2 crore in this company through a mix of personal savings and loans from associates. 70% of this was invested in tech development while 30% was invested in marketing.

- The company has two shareholders in a 70:30 shareholding split.

The company had a monthly burn of about INR 5-6 lakh which has been eliminated now and we've achieved positive unit economics.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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