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Automobile Parts Wholesale Business Seeking Loan in Muscat, Oman

Distributor and wholesale supplier for car care and automotive products for 2 international brands.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 0 - 10 %
Industries Automobile Parts Wholesale + 1 more
Locations  Muscat
Local Time 9:39 PM Asia / Muscat
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 260 thousand for 12.0% annual interest, 5 years (Native Currency: OMR 100,000)
Reason: We are seeking funds for working capital.
Collateral Available: USD 0
Includes physical assets worth USD 130 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Distributor and wholesale supplier for car care and automotive products.

- We are the authorized supplier for 2 brands from Poland (K2 Car Care) and the USA (Liqui Moly).

- Maintain inventory worth OMR 15,000 at any given time.

- Have 15-20 wholesale clients from Oman, UAE, and India. These are clients who further sell the products to retailers and end customers in their region.

- We have a retail cum warehouse setup and have 150-200 local clients who directly purchase from the shop.

- Revenue split: 75% of our revenue is from wholesale clients and 25% of our total sales are from the retail shop.

- Revenue model: Get products from the brand at a discounted price and sell them to clients at wholesale price (15-20% margin).

- Promoter has over 27 years of industry experience.

Products & Services Overview

Wholesale supply and distribution of car parts, car polish, and automotive accessories.

Assets Overview

Tangible assets include two cars worth OMR 15,000 each (total OMR 30,000), and a moving inventory of OMR 15,000-20,000.

Facilities Overview

Rented 3 warehouses (5 shutter shops, 2 shutter shops, and 2 shutter shops) across Oman. We pay a total monthly rent of OMR 2,500.

Capitalization Overview

- This is a debt-free sole proprietorship.

Recent Activity
  • Earlier than 15 days
    Referral Agent, Montreal, Financial Consultant connected with the Business
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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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