Automobile Parts Wholesale Business Investment Opportunity in Varanasi, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 300 thousand |
Run Rate Sales | USD 430 thousand |
EBITDA Margin | 6 % |
Industries | Automobile Parts Wholesale |
Locations | Varanasi |
Local Time | 9:49 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Distributor of service components and spare parts for four-wheeler passenger vehicles.
- Our distribution network ranges across Varanasi and a 50km radius around the city.
- We also have an exclusive channel agreement with Bosch for distributing a line of products in Varanasi and surrounding 12 districts.
- Our customers are resellers and big organized workshops.
- 80% of the sales are from resellers while 20% is from organized workshops.
- Full-time employees: 2 in sales team, 3 in back office, and 1 helper.
- This is a wholesale business, that's why the sales might seem high for just 6 employees.
- Last year's revenue was INR 2.5 crore and we have a vision to touch INR 100 crore ARR in the next five years.
- We have grown from nothing to INR 2.5 crore annual sales in just 7 years.
- This is a Capex heavy business that relies on re-investment for growth.
- We have a trademarked brand name and do not need any special licenses or approvals to operate this business.
We supply service components and spare parts like suspension, steering parts, and brake parts. We supply these parts only for 4W passenger vehicles.
Our products are bought by resellers/retailers and big repair workshops.
We only sell to organized workshops that give us a minimum order of INR 10,000.
Tangible assets include furniture, fixtures and systems worth INR 10 lakh.
Product stock worth INR 1 crore worth stock.
We have receivables of INR 10 lakh.
The owned warehouse is a personal property and the investor will not get ownership in the warehouse.
We have an owned warehouse with a 2,400 sq. ft built-up area for storing in bulk.
We also have a rented office cum outlet of 900 sq. ft. located at a walking distance from our warehouse. Both the buildings are located near Central Varanasi.
- We had NBFC funding and some bank borrowing which is totals INR 40 lakh.
- We want to expand this business all over India very short time and need external funding for that.
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Earlier than 15 daysCEO, Engineering & Electrical Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business